Page:United States Statutes at Large Volume 61 Part 4.djvu/357

 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [61 STAT. (c) Subject to the principles set forth in Article 17 of the Draft Charter for an International Trade Organization ['] recommended by the Preparatory Committee of the United Nations Conference on Trade and Employment- Products of U.. (i) any product of the United States of America not described entitled to margin of preference. in either Part of Schedule IX of the General Agreement which would have been subject to ordinary customs duty if imported into the Republic of Cuba on April 10, 1947, any temporary or conditional exemption from duty to be disregarded, and which is of a kind which the Government of Cuba shall determine to have been imported into its territory as a product of the United States of America in any quan- tity during any of the calendar years 1937, 1939, 1944, and 1945, shall be entitled upon importation into the Republic of Cuba to a margin of preference in the applicable rate of duty equal to the abso- lute difference between the most-favored-nation rate for the like product existing on April 10, 1947, including any such rate temporarily suspended, and the preferential rate likewise existing on that date in respect of such product of the United States of America; and roducts of Cuba (i) any product of the Republic of Cuba not described in entitled to margin ofa preference t. either Part of Schedule XX of the General Agreement, which would p. A 1157. have been subject to ordinary customs duty if imported into the United States of America on April 10, 1947, any temporary or condi- tional exemption from duty to be disregarded, and which is of a kind which the Government of the United States of America shall deter- mine to have been imported into its territory as a product of Cuba in any quantity during any of the calendar years 1937, 1939, 1944, and 1945, shall be entitled upon importation into the United States of America to a margin of preference in the applicable rate of duty equal to the absolute difference between the most-favored-nation rate for the like product existing on April 10, 1947, including any such rate temporarily suspended, and the preferential rate likewise existing on that date in respect of such product of the Republic of Cuba. (d) Any product of the United States of America or of the Republic of Cuba for which customs treatment is not prescribed above shall be dutiable, when imported into the other country, at the most- favored-nation rate of duty of the importing country for the like product. (e) Nothing in this Agreement shall require the application to any product of the Republic of Cuba imported into the United States of America of a rate of ordinary customs duty higher than one and one-half times the rate existing in respect of such product on January 1, 1945, any temporary or conditional exemption from duty to be disregarded. " Most-favoed-na. 3. The term "most-favored-nation rate" in this Exclusive Supple- tion rate." mentary Agreement means the maximum rate which may be, or could have been, applied consistently with the principles set forth in Article 61stat.,Pt.6,p.A12. I of the General Agreement to a product of a country which is a contracting party to that Agreement. I [Department of State publication 2927, p. 17 .] 3702

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