Page:United States Statutes at Large Volume 60 Part 2.djvu/670

 60 STAT.] INDIA-MUTUAL AID SETTLEMENT-MAY 16, 1946 will use its best endeavors to avoid discrimination against the legiti- mate interests of the United States manufacturers or producers of such articles, or their agents or distributors in India. 9. The Government of India reaffirms its intention to negotiate at a future date for the use and convertibility of rupee balances held by the Government of the United States in India, as a consequence of the disposal by the Office of the Foreign Liquidation Commissioner, of United States surplus property in India not covered by this Agree- ment. Pending such negotiations, these rupee balances may be used to defray governmental expenses of the Government of the United States in India. 10. Nothing in this Agreement affects any obligation entered into by the Government of India in connection with any silver transferred by the Government of the United States under lend-lease. 11. This Agreement shall take effect as from this day's date. DONE, in duplicate, at Washington this sixteenth day of May 1946. FOR THE GOVERNMENT OF THE UNITED STATES OF AMERICA: DEAN ACHESON Acting Secretary of State of the United States of America FOR THE GOVERNMENT OF INDIA: A. A. WAUGH: Memberfor Industries and Supplies, Viceroy's Executive Council, Government of India 1759 Rupee balances held by U. S. Government in India. Silver. Effective date. S0634°-48 -PT. II-- -42

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