Page:United States Statutes at Large Volume 62 Part 2.djvu/1080

 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [62 STAT. 62 Stat., Pt. 1, p. 137. on April 16, 1948['lunder which the signatories of that Convention agreed to undertake as their immediate task the elaboration and execution of a Joint recovery program, and that the Government of Iceland Is a member of the Organization for European Economic Cooperation created pursuant to the provisions of that Convention; Considering also that, in furtherance of these principles, the Government of the United States of America has enacted the Economic Cooperation Act of 1914, providing for the furnishing of assistance by the United States of America to nations participating in a Joint program for European recovery, in order to enable such nations through their own individual and concerted efforts to become independent of extraordinary outside economic assistance; Taking note that the Government of Iceland has already expressed its adherence to the purposes and policies of the Economic Cooperation Act Qf 1948; Desiring to set forth the understandings which govern the furnishing of assistance by the Government of the United States of America under the Economic Cooperation Act of 1948, the receipt of such assistance by Iceland, and the measures which the two Governments will take individually and together in furthering the recovery of Iceland as an integral part of the Joint program for European recovery; Have agreed as follows: ARTICLE I (Assistance and Cooperation) 1. The Government of the United States of America under- takes to assist Iceland, by making available to the Government of Iceland or to any person, agency or organization designated by the latter Government such assistance as may be requested by it 1 Department of State publication 3145. 2366

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