Page:United States Statutes at Large Volume 62 Part 3.djvu/289

 62 STAT.] GERMANY: US/UK ZONES-TRADE -JULY 14, 1948 1. The United States of America shall accord, immediately and un- conditionally, to the merchandise trade of the United States/United Kingdom Zones of Occupation of Germany, treatment no less favor- able than that accorded to the merchandise trade of any third coun- try. Similarly, these Zones shall accord, immediately and uncon- ditionally, to the merchandise trade of the United States of America and to the merchandise trade of each other country which has under- taken an obligation to apply most-favored-nation treatment to the merchandise trade of these Zones in an exchange of notes with the United States of America, treatment no less favorable than that ac- corded to the merchandise trade of any third country. 2. Departures from the application of the most-favored-nation treatment provided for in paragraph 1 shall be permitted to the extent that they are in accord with the exceptions recognized in the General Agreement on Tariffs and Trade. The provisions of this paragraph shall not be construed to require compliance with the procedures specified in the General Agreement with regard to the application of such exceptions. 3. The provisions of paragraphs 1 and 2 shall apply, with respect to the United States of America, to all territory under its sov- ereignty or authority. Moreover, with regard to any area in the Free Territory of Trieste, in the occupation or control of which the Government of the United States of America participated, the Government of the United States of America shall, to the extent of its legal capacity, exercise its authority in such participation, to make the treatment provided for in paragraphs 1 and 2 applicable by such area to the merchandise trade of the United States and United Kingdom Zones. Those Zones shall accord the treatment provided for in paragraphs 1 and 2 to the merchandise trade of such area for such time and to such extent as such area accords reciprocal most-favored-nation treatment to the merchandise trade of those Zones. 4. The provisions of paragraphs 1 and 2 shall not derogate from such other obligations relative to the matters contained herein as may at any time be in effect between the Government of the United States of America and the Military Governors of the United States and United Kingdom Zones of Occupation of Germany. 5. The undertakings in this note shall remain in force until Jan- uary 1, 1951, and unless at least six months before January 1, 1951, either the Government of the United States of America or the Mili- tary Governors of the United States and United Kingdom Zones of Occupation of Germany shall have given notice in writing to the other of intention to terminate these undertakings on that date, these undertakings shall remain in force thereafter until the expira- 2897 Exceptions. 61 Stat., Pts. 5and6. Territorial applica- tion. Duration.

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