Page:United States Statutes at Large Volume 62 Part 2.djvu/941

 62 STAT.] FRANCE-ECONOMIC COOPERATION-JUNE 28, 1948 France as an integral part of the joint program for European recovery; Have agreed as follows: Article I (Assistance and Cooperation) 1. The Government of the United States of America undertakes to assist France by making available to the Government of France or to any person, agency or organization designated by the latter Govern- ment such assistance as may be requested by it and approved by the Government of the United States of America. The Government of the United States of America will furnish this assistance under the provisions, and subject to all of the terms, conditions and termination provisions of the Economic Cooperation Act of 1948, Acts amendatory and supplementary thereto and appropriation Acts thereunder, and will make available to the Government of France only such commod- ities, services and other assistance as are authorized to be made available by such Acts. 2. The Government of France, acting individually and through the Organization for European Economic Cooperation, consistently with the Convention for European Economic Cooperation signed at Paris on April 16, 1948, will exert sustained efforts in common with other participating countries speedily to achieve through a joint recovery program economic conditions in Europe essential to lasting peace and prosperity and to enable the countries of Europe partici- pating in such a joint recovery program to become independent of extraordinary outside economic assistance within the period of this Agreement. The Government of France reaffirms its intention to take action to carry out the provisions of the general obligations of the Convention for European Economic Cooperation, to continue to participate actively in the work of the Organization for European Economic Cooperation, and to continue to adhere to the purposes and policies of the Economic Cooperation Act of 1948. 3. With respect to assistance furnished by the Government of the United States of America to France and procured from areas outside the United States of America, its territories and possessions, the Government of France will cooperate with the Government of the United States of America in ensuring that procurement will be effected at reasonable prices and on reasonable terms and so as to arrange that the dollars thereby made available to the country from which the assistance is procured are used in a manner consistent with any arrangements made by the Government of the United States of America with such country. Article II (General Undertakings) 1. In order to achieve the maximum recovery through the employ- ment of assistance received from the Government of the United States of America, the Government of France will use its best endeavors: 2225 82 Stat., Pt. 1, p.137.

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