Page:United States Statutes at Large Volume 62 Part 2.djvu/1094

 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [62 STAT. 62 Stat., Pt. 1, p. 137. Disposition of unen- cumbered balances. Ante, p. 2378. Post, pp. 2386, 2396. and the other participating countries, and projects or programs the external costs of which are being covered by assistance rendered by the Government of the United States of America under the Economic Cooperation Act of 1948 or otherwise, or by loans from the International Bank for Reconstruction and Development; (b) expenditures upon the exploration for and develop. ment of additional production of materials which may be required in the United States of America because of deficiencies or potential deficiencies In the resources of the United States of America; and Xc) effective retirement of the national debt, especially debt held by the National Bank of Iceland or other banking Institutions. 7. Any unencumbered balance, other than unexpended amounts allocated under paragraph 4 of this Article, remaining in the Special Account on June 30, 1952, shall be disposed of witbhi Ieeland for such purposes as may hereafter be agreed between the Governments of the United States of America and Iceland, it being understood that the agreement of the United States of America shall be subject to approval by Act or Joint Resolution of the Congress of the United States of America. ARTICLE V (Access to Materials) 1. The Government of Iceland will facilitate the transfer to the United States of America, for stockpiling or other purposes, of materials originating in Iceland which 2380

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