Page:United States Statutes at Large Volume 61 Part 3.djvu/358

 61 STAT.] SOUTH AFRICA-MUTUAL AID SETTLEMENT-MAR. 21, 1947 AGREEMENT BETWEEN THE GOVERNMENT OF THE UNITED STATES OF AMERICA AND THE GOVERNMENT OF THE UNION OF SOUTH AFRICA ON SETTLEMENT FOR LEND-LEASE, RECIPROCAL AID, SURPLUS WAR PROPERTY, AND CLAIMS The Government of the United States of America and the Gov- ernment of the Union of South Africa have reached agreement as set forth below regarding settlement for all lend-lease and reciprocal aid, for the surplus war property specified herein, and for the financial claims of each Government against the other arising as the result of World War II. This settlement is complete and final. Both Gov- ernments, in arriving at this settlement, have taken full cognizance of the benefits already received by them in the defeat of their common enemies, and of the aid furnished by each Government to the other in the course of the war. No further benefits will be sought as con- sideration for lend-lease or reciprocal aid, for the surplus war property specified herein, or for the settlement of claims or other obligations arising out of the war, except as herein specifically provided. In reaching this agreement, the two Governments, pursuant to the general obligations assumed by them in the exchange of notes dated April 17, 1945, in Washington, D. C., reaffirm their intention to cooperate in formulating a program of agreed action, open to partici- pation by all countries of like mind, directed to the expansion, by ap- propriate international and domestic measures, of production, employ- ment, and the exchange and consumption of goods, to the elimination of all forms of discriminatory treatment in international commerce, and to the reduction of tariffs and other trade barriers. To this end, the two governments have reached substantial mutual accord on agreements relating to air transportation, telecommunications and the avoidance of double estate and income taxation. 1. (a) The term "lend-lease article" as used in this Agreement means any article transferred by the Government of the United States of America under the Act of March 11, 1941; (i) to the Government of the Union of South Africa, or (ii) to any other Government and retransferred to the Govern- ment of the Union of South Africa. (b) The term "reciprocal aid article" as used in this Agreement means any article transferred by the Government of the Union of South Africa to the Government of the United States of America under reciprocal aid. 2. The net sum due from the Union of South Africa to the Govern- ment of the United States of America, over and above any payments heretofore made, for the settlement of lend-lease and reciprocal aid, for acquisition of surplus war property specified herein, and for settlement of net outstanding claims covered by this Agreement, shall be One Hundred Million United States dollars, one-half of this sum 60 Stat. 1679. "eInd-lense article." 5. Stat. 31 . 22 U. S. C. §§411- 419. "Reciprocal aid ar- ticle." Net sum due from Union of South Africa. 2641

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