Page:United States Statutes at Large Volume 59 Part 2.djvu/713

 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [59 STAT. inafter referred to as the Agreement), and subject to the conditions set out therein, the member Governments signatory hereto have agreed as follows:- ARTICLE I. Every member Government signatory hereto undertakes to establish appropriate machinery necessary for the application of all the obliga- Antc. p. 1382 . tions assumed in paragraphs 5 and 6 of Article VIII of the Agreement to traffic on Inland Waterways and to appoint persons or organisa- tions entitled to treat with the Organisation on questions of this nature. ARTICLE II. The member Governments signatory hereto, taking into account the geographical, technical and other peculiarities connected with traffic on inland waterways and the needs of each of them in these respects, will form committees of experts to be consulted by the chief officer on questions of traffic on inland waterways within the various areas of such traffic. ARTICLE III. For each waterways traffic area concerned in Continental Europe, the allocation of inland shipping and, if necessary, shipping space for carrying approved programmes of traffic of common concern will be determined from time to time by the Organisation in agreement with the Governments concerned. In determining this allocation, due account shall be taken of the particulars of the vessel, its equipment and crew and of its normal traffic. ARTICLE IV. The terms of remuneration to be paid by the users of inland vessels for traffic of common concern shall be worked out by the Organisa- tion in agreement with the Governments and/or the authorities concerned on a fair and reasonable basis in such a manner as to give effect to the following two principles: (i) inland vessels of all flags performing the same services should receive the same freights; Ante. p. 1376. (ii) freights with reference to paragraph 11 of Article VII shall be calculated so as to include, after providing for depreciation of the ship, a reasonable margin of profit. 1390

�