Page:United States Statutes at Large Volume 62 Part 2.djvu/1140

 2428 Measures for prac- tical use of resources. Post, p. 2446. Development ofpro duction. Maintenance of fi- nancial stability. Post, p. 2446. Stimulation of trade. Utilization of man- power. Prevention of prac- tices interfering with achievement of pro- gram. Pest, p. 2446. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [62 STAT. (A) To adopt or maintain the measures necessary to ensure efficient and practical use of all the resources available to it, including 1) Such measures as may be necessary to ensure that the commodities and services obtained with assistance furnished under this Agreement are used for purposes consistent with this Agreement and, as far as practicable, with the general purposes outlined in the schedules furnished by the Government of Italy in support of the requirements of assistance to be furnished by the Go- vernment of the United States of America; 2) The observation and review of the use of such resources through an effective followup system approved by the Organization of European Economic Cooperation and 3) To the extent practicable, measures to locate, identify and put into appropriate use in furtherance of the joint program for European Recovery assets, and earnings therefrom, which belong to nationals of Italy andwhich are situated within the United States of America, its territories or possessions. Nothing in this clause imposes any obligation on the Government of the United States of America to assist in carrying out such measures or on the Government of Italy to dispose of such assets. (B) To promote the development of industrial and agricultural produc- tion on a sound economic basis; to achieve such production targets as may be established through the Organization for European Economic Cooperation; and when desired by the Government of the United States of America to com- municate to that Government detailed proposals for specific projects contemplat- ed by the Government of Italy and to be undertaken in substantial part with assistance made available pursuant to this agreement including whenever practicable projects for increased production of food, steel and transportation facilities; and (0) to stabilize its currency, establish or maintain a valid rate of exchange, balance its governmental budget as soon as practicable, create or maintain internal financial stability, and generally restore or maintain confidence in its monetary system; and (D) To cooperate with other participating countries in faciliftting and stimulating an interchange of goods and services among the participating countries and with other countries and in reducing public and private barriers to trade among themselves and with other countries. 2. Taking into account Article 8 of the Convention for European Economic Cooperation looking toward the full and effective use of manpower available in the various participating countries, the Government of Italy, with due regard for the urgency and importance of its own problem of surplus manpower, will accord sympathetic consideration to proposals made in conjunction with the International Refugee Organization, directed to the largest practicable utilizat- ion of manpower available in any of the participating countries in furtherance of the accomplishment of the purposes of this agreement. 3. The Government of Italy will take the measures which it deems appro- priate, and will cooperate with other participating countries, to prevent, on the part of private or public commercial enterprises, busineEs practices or business arrangements affecting international trade which restrain competition, limit

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