Page:United States Statutes at Large Volume 62 Part 2.djvu/1169

 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [62 STAT. 62 Stat., Pt. 1, pp. 144, 1056. Post, p. 2472. Organization directed to the larg- est practicable utilization of man- power available in any of the participating countries in further- ance of the accomplishment of the purposes of this Agreement. 3. The Government of Luxem- bourg will take the measures which it deems appropriate, and will cooperate with other partic- ipating countries, to prevent, on the part of private or public commercial enterprises, business practices or business arrangements affecting international trade which restrain competition, limit access to markets or foster monopolistic control whenever such practices or arrangements have the effect of interfering with the achievement of the joint program of European recovery. Article III (Guaranties) 1. The Governments of Luxem- bourg and of the United States of America will, upon the request of either Government, consult re- specting projects in Luxembourg proposed by nationals of the United States of America and with regard to which the Govern- ment of the United States of America may appropriately make guaranties of currency transfer under Section III (b) (3) ['] of the Economic Cooperation Act of 1948. 2. The Government of Luxem- bourg agrees that if the Govern- ment of the United States of Amer- ica makes payment in United States dollars to any person under such a guaranty, any francs or credits in francs assigned or trans- les R6fugi6s, en vue d'utiliser au maximum la main-d'oeuvre 6ven- tuellement disponible dans un des pays participants conform6ment aux fins du present Accord. 3. Le Gouvernement du Luxem- bourg prendra les mesures qu'il estime appropri6es et cooperera avec les autres pays participants afin d'empecher les pratiques ou arrangements commerciaux - qu'ils soient le fait d'entreprises com- merciales priv6es ou publiques- qui, dans le commerce interna- tional, entravent la concurrence, restreignent l'acces aux marches ou favorisent le contr6le a carac- tere de monopole dans tous les cas oh ces pratiques et arrange- ments produisent des effets nui- sibles Al'ex6cution du programme commun de reconstruction euro- peenne. Article III (Garanties) 1. Les Gouvernements du Luxembourg et des Etats-Unis d'Amerique se consulteront a la demande de l'un ou l'autre gou- vernement, sur les projets que des ressortissants des Etats-Unis en- visagent de realiser au Luxem- bourg et pour lesquels le Gou- vernement des Etats-Unis d'Am6ri- que peut, aux termes de la Section III (b) (3) de la Loi de Coopera- tion Economique de 1948, accorder des garanties de transfert de de- vises. 2. Lorsque le Gouvernement des Etats-Unis d'Amerique fera A de telles personnes un payement en dollars des Etats-Unis corre- spondant A une telle garantie, le Gouvernement du Luxembourg acceptera que les francs ou les I "Section III (b) (3)" should read "Section 111 (b) (3)". Prevention of prac- tices interfering with achievement of pro- gram. Post, pp. 2474,2475. 2458

�