Page:United States Statutes at Large Volume 61 Part 4.djvu/617

 61 STAT.] ITALY-FINANCIAL AND ECONOMIC RELATIONS--AUG. 14, 1947 3965 (c) Supplies procured with funds appropriated for the purposes of the Lend-Lease Act and transferred to Italy through the agency of ; tatc.31. U.s. C.§§411- the United States Department of War. 419. 10. The Government of the United States of America waives such Italian prisoners of claims as it may have for the payment of salary to Italian officer prisoners of war, made consistent with the convention relating to the treatment of prisoners of war, signed at Geneva on July 27, 1929. 47Stat. 2021. 11. (a) The Government of the United States of America agrees to continue to honor in lira, at the prevailing rate of exchange applicable to the Government of the United States of America expenditures in Italy at the time of payment, and in accordance with procedures established by the United States military authorities, all valid evi- dences of obligations made out by the Government of the United States of America or its agencies and in its name or the name of any of its agencies to former Italian prisoners of war and surrendered Italian personnel, both officer and enlisted, it being understood that the two Governments may enter into a subsequent understanding with reference to the procedures which may be utilized by the Govern- ment of the United States of America to meet these obligations. (b) The Government of Italy further agrees to undertake that all payments which have been made by it to former Italian prisoners of war and surrendered personnel prior to the effective date of this agreement in lira at less than the prevailing rate of exchange appli- cable to the Government of the United States of America expenditures in Italy at the time of payment, shall be adjusted to such then pre- vailing rate of exchange. 12. The Government of the United States of America waives all costs, including maintenance costs, incurred in the repatriation of Italian prisoners of war to the assembly point on Italian territory. For the purposes of this Memorandum of Understanding the assembly point on Italian territory shall be considered the first point of arrival of Italian prisoners of war on Italian territory. 13. The Government of the United States of America waives any etc8Itali Par t isans claims it or its agencies or officers may have with respect to advances made by it toward the financing of Italian Partisans. The Govern- ment of the United States of America, in further recognition of the renunciation of claims by the Government of Italy, and with particular reference to paragraph 2(a) above, waives all claims it may have A^Pta-. against the Government of Italy resulting from advances made by it toward the maintenance of Italian diplomatic missions, and also Italian shipping and crews in neutral ports. 14. (a) The Government of the United States of America waives any claims it or its agencies or officers may have with respect to any transfer made directly by the armed forces of the United States of America, their agencies, or officers of supplies and materials from military stocks to the Government of Italy, to the Italian armed forces or their agencies or officers. (b) The Government of the United States of America, with u. a riht re reference to 14 (a) above, reserves the right of recapture of ay arms, 96847*-50 -PT. v -- - 0

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