Page:United States Statutes at Large Volume 62 Part 2.djvu/1280

 62 STAT.] TURKEY-ECONOMIC COOPERATION-JULY 4, 1948 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 participating countries, the Government of the Republic of Turkey will accord sympathetic consideration to pro- posals made in conjunction with the International Refugee Organiza- tion directed to the largest practicable utilization of manpower avail- able in any of the participating countries in furtherance of the ac- complishment of the purposes of this Agreement. 3. The Government of the Republic of Turkey will take the measures which it deems appropriate, and will cooperate with other participating 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 pro- gram of European recovery. ARTICLE III 1. The Governments of the United States of America and of the Republic of Turkey will, upon the request of either Government, consult respecting projects in the Republic of Turkey proposed by nationals of the United States of America and with regard to which the Government of the United States of America may appropriately make guaranties of currency transfer under section 111 (b) (3) of the Economic Cooperation Act of 1948. 2. The Government of the Republic of Turkey agrees that if the Government of the United States of America makes payment in United States dollars to any person under such a guaranty, any liras, or credits in liras, assigned or transferred to the Government of the United States of America pursuant to that section shall be recognized as property of the Government of the United States of America. ARTICLE IV 1. The Government of the Republic of Turkey will facilitate the transfer to the United States of America, for stock piling or other purposes, of materials originating in the Republic of Turkey which are required by the United States of America as a result of deficiencies or potential deficiencies in its own resources, upon such reasonable terms of sale, exchange, barter or otherwise, and in such quantities, and for such period of time, as may be agreed to between the Governments of the United States of American and the Republic of Turkey, after due regard for the reasonable requirements of the Republic of Turkey for domestic use and commercial export of such materials. The Govern- ment of the Republic of Turkey will take such specific measures as may be necessary to carry out the provisions of this paragraph, including the promotion of the increased production of such materials within the Republic of Turkey, and the removal of any hindrances to the transfer of such materials to the United States of America. The Government 'Department of State publication 3145, p. 14. 2569 Utilization of man. power. Prevention of prac- tices interfering with achievement of pro- gram. Post, pp. 2574, 2575. Guaranties. Post, p. 2575. 62 Stat., Pt. 1, pp. 144, 1056. Post, p. 2574. Access to materials. Post, pp. 2571, 2573. Post,p. 257&

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