Page:United States Statutes at Large Volume 61 Part 4.djvu/270

 3614 Review of proposed actions. Delegation of pow- er, etc. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [61 STAT. "(e) Either Military Governor may, should he consider that any action which it is proposed that the Joint Export-Import Agency or the Joint Foreign Exchange Agency should take is likely to prejudice the interests or conflict with the policies of his Govern- ment, request that the matter be referred to the Bipartite Board for review. In that event the proposed action shall be suspended pending Bipartite Board review. Such suspension shall con- tinue only until adequate opportunity has been afforded in the Bipartite Board to ensure that the issue has been reviewed in all its aspects, unless the Bipartite Board unanimously agree to disapprove or modify the proposed action. "(f) Subject to the provisions of the preceding sub-paragraphs of this paragraph, the Bipartite Board shall delegate to the Joint Export-Import Agency and the Joint Foreign Exchange Agency full power and authority necessary for the conduct of the export- import trade, including the authority to contract for imports and exports through such agencies as it may designate, to borrow and lend money, to pay and collect accounts, and to utilize and distribute foreign currency, and such other necessary authority as is essential to the rehabilitation and promotion of peaceful trade and commerce." Basis of Economic Planning. pl Stat., Pt. 3 . 6 . Paragraph 5 of the Bizonal Fusion Agreement shall be amended p.2475. as follows:- "5. The United States and United Kingdom Military Governors in Germany shall, in accordance with the policy of the two Gov- ernments, use their best endeavors to develop at the earliest pos- sible date, in that part of Germany which is under their juris- diction, an economy which can be maintained without further financial assistance from either Government, and which will at the same time contribute to the peaceful rehabilitation of Europe." Procurement. 61 Stat., Pt. 3. 7. Paragraph 8 of the Bizonal Fusion Agreement shall be amended as follows :- "8. The determination of import requirements shall be the re- sponsibility of the Joint Export-Import Agency. The procure- ment of these requirements shall be dealt with as follows:- Procurement from economical sources of supply. "(i) Procurement of imports financed from funds appropriated by either Government shall be the responsibility of that Govern- ment except to the extent that such responsibility is delegated by the Government concerned to the Joint Export-Import Agency. "(ii) Procurement of all other imports shall be the responsibility of the Joint Export-Import Agency with such assistance from the two Governments as may be required. Unless otherwise agreed, procurement shall be from the most economical sources

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