Page:United States Statutes at Large Volume 62 Part 2.djvu/945

 62 STAT.] FRANCE-ECONOMIC COOPERATION-JUNE 28, 1948 similar charges) of transportation from any point of entry in France to the consignee's designated point of delivery in France of such relief supplies and packages as are referred to in Article VI. 6. The Government of France may draw upon any remaining bal- ance in the Special Account for such purposes as may be agreed from time to time with the Government of the United States of America. In considering proposals put forward by the Government of France for drawings from the Special Account, the Government of the United States of America will take into account the need for promoting or maintaining internal monetary and financial stabilization in France and for stimulating productive activity and international trade and the exploration for and development of new sources of wealth within France, including in particular: a) Expenditures upon projects or programs, including those which are part of a comprehensive program for the development of the productive capacity of France and the other participating countries, and projects or programs the external costs of which are being covered by assistance rendered by the Government of the United States of America under the Economic Cooperation Act of 1948 or otherwise, or by loans from the International Bank for Reconstruction and Development; b) Expenditures upon the exploration for and development of additional production of materials which may be required in the United States of America because of deficiencies or potential deficiencies in the resources of the United States of America; and c) Effective retirement of the national debt, especially debt held by the Bank of France or other banking institutions. 7. Any unencumbered balance, other than unexpended amounts allocated under paragraph 4 of this Article, remaining in the Special Account on June 30, 1952, shall be disposed of within France for such purposes as may hereafter be agreed between the Governments of the United States of America and France, it being understood that the agreement of the United States of America shall be subject to approval by Act or joint resolution of the Congress of the United States of America. Article V (Access to Materials) 1. The Government of France will facilitate the transfer to the United States of America, for stock piling or other purposes, of ma- terials originating in France 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 America and France, after due regard for the reasonable requirements of France for domestic use and commercial export of such materials. The Government of France will take such specific measures as may be necessary to carry out the provisions of this paragraph, including 2229 Post, p. 2230. French withdrawals from Special Account. 62 Stat., Pt. 1, p. 137. Disposition of un- encumbered balances. Post, p. 2236.

�