Page:United States Statutes at Large Volume 61 Part 5.djvu/49

 INTERNATIONAL AGREEMENTS (THER THAN TREATIES [61 STAT. 6. (a) The provisions of Article XIII shall not enter into force in respect of import restrictions applied by any contracting party pursuant to Article XII in order to safeguard its external financial position and balance of payments, and the provisions of paragraph 1 of Article XI and Article XIII shall not enter into force in respect of export restrictions applied by any contract- ing party for the same reason, until January 1, 191 9; Provided that this period may with the concurrence of the CONTRACTING PARTIES, be extended for such further periods as they may specify in respect of any contracting party whose supply of convertible currencies is inadequate to enable it to apply the above-mentioned provisions. (b) If a measure taken by a contracting party in the circum- stances referred to in sub-paragraph (a) of this paragraph affects the commerce of another contracting party to such an extent as to cause the latter to consider the need of having recourse to the provisions of Article XII, the contracting party having taken that measure shall, if the affected contracting party so requests, enter into immediate consultation with a view to arrangements enabling the affected contracting party to avoid having such recourse, and, if special circumstances are put forward to Justify such action, shall temporarily suspend application of the measure for a period of fifteen days. [] 1 [Post, p. A88.] A48

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