Page:United States Statutes at Large Volume 62 Part 2.djvu/532

 1812 Unencumbered bal- ance. Nonremoval of com- modities from Italian territory. 61 Stat., Pt. 1, p. 934. 22 U.S. C., Supp. I, § 1411 note. Statements, etc. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [62 STAT. operations within Italy under this Agreement. The remainder of such funds may be used for the following additional purposes: (a) for effective retirement of the national debt of Italy or for irrevocable withdrawal of currency from circulation, and (b) for such other purposes, including measures to promote the stabilitation of Italian currency, as may hereafter be mutually agreed by the two Governments. 2. Any unencumbered balance remaining in such account on June 30, 1948 will be disposed of within Italy for such purposes as may hereafter be agreed between the two Governments, it being under- stood that the agreement of the United States of America is subject to approval by Act or Joint Resolution of the Congress. 4. The provisions of this Section shall remain in effect until super- seded by a further Agreement between the two Governments. SECTION II Any commodities made available under this Agreement by the Government of the United States of America, unless substantially altered from the form in which furnished, and substantially identical commodities within Italy from whatever source procured, will not be removed or permitted to be removed from the territory of the Gov- ernment of Italy, unless it is agreed between the two Governments that such commodities are no longer needed in Italy or that the export of such commodities would yield a commensurate benefit, not inconsistent with the purposes of the Act as set forth in Section 2 thereof, to the economy of Italy, or unless otherwise expressly agreed between the two Governments. SECTION III The Government of Italy will furnish such statements and information relating to operations under this Agreement as may from time to time be requested by the Government of the United States of America.

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