Page:United States Statutes at Large Volume 62 Part 2.djvu/997

 2282 62 Stat., Pt. 1, p. 137. Claim against Ger- many. Post, p. 2285. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [62 STAT. assistance by the United States/United Kingdom occupied areas and the measures which the two parties will take individually and together in furthering the recovery of the United States/United Kingdom occupied areas 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 the United States/United Kingdom occupied areas, by making available to the Military Governors or to any person, agency or organization designated by the latter such assistance as may be requested by them 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 the terms, conditions and termination provisions, of the Eco- nomic Cooperation Act of 1948, acts amendatory and supplementary thereto and appropriation acts thereunder, and will make available to the Military Governors only such commodities, services and other assistance as are authorized to be made available by such acts. 2. The Military Governors, acting directly and through the organi- zation 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 participating in such a joint recovery program to become independent of extraordinary outside economic assistance within the period of this agreement. The Military Governors reaffirm their 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. All assistance furnished by the Government of the United States of America to the United States/United Kingdom occupied areas pursuant to this Agreement shall constitute a claim against Germany. To the extent that expenditures are made from the special account established under Article IV of this Agreement for the purposes set forth in Paragraphs 3 and 4 of that Article and for purposes not of direct benefit to the German economy, such claim against Germany shall be reduced in an amount commensurate with such expenditures. The proceeds of exports from all future production and stocks of the United States/United Kingdom occupied areas will be available for payment for assistance made available pursuant to this Agreement. At the earliest practicable time consistent with the rebuilding of the German economy on healthy, non-aggressive lines, such proceeds

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