Page:United States Statutes at Large Volume 59 Part 2.djvu/1048

 59 STAT.] ITALY-COMMERCIAL RELATIONS-DEC. 6, 1945 Agreement between the United States of America and Italy respecting December 6,1945 commercial relations. Effected by exchange of notes signed at Wash- [. A.S.492 ington December 6, 1945. The Secretary of State to the Italian Ambassador DEPARTMENT OF STATE WASHINGTON December 6, 1945 EXCELLENCY: I have the honor to make the following statement of my under- standing of the agreement reached in recent conversations which have taken place between representatives of the Government of the United States of America and the Government of Italy with regard to the resumption of normal commercial relations between our two countries. These conversations have disclosed a desire on the part of the two Governments to promote reciprocally advantageous economic rela- tions between them and the improvement of world-wide economic rela- tions. To that end the Governments of the United States of America and of Italy propose to cooperate in formulating a program of agreed action, open to participation by all other countries of like mind, directed to the expansion, by appropriate international and domestic measures, of production, employment, and the exchange and consump- tion of goods, which are the material foundations of the liberty and welfare of all peoples; to the elimination of all forms of discrimina- tory treatment in international commerce, and to the reduction of tariffs and other trade barriers; and, in general, to the attainment of all the economic objectives set forth in the Joint Declaration made on August 14, 1941, by the President of the United States of America and the Prime Minister of the United Kingdom. At the earliest practicable date conversations shall be begun between our two Governments with a view to determining, in the light of gov- erning economic conditions, the best means of attaining the above- stated objectives. Accept, Excellency, the renewed assurances of my highest consid- eration. JAMES F. BYRNES His Excellency ALBERTO TARCHIANI, Italian Ambassador.

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