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 GREECE-TRADE -JULY 2, 1948 Agreement between the United States of America and Greece respecting the application of most-favored-nation treatment to areas under occu- pation or control. Effected by exchange of notes signed at Athens July 2, 1948; entered intoforce July 2, 1948. The American Charged'Affaires ad interim to the Greek Minister of ForeignAffairs THE FOREIGN SERVICE OF THE UNITED STATES OF AMERICA AMERIcAN EMBASSY No. 730 Athens, Greece, July 2, 1948 EXCELLENCY: I have the honor to refer to the conversations which have recently taken place between representatives of our two Governments relating to the territorial application of commercial arrangements between the United States of America and Greece and to confirm the understand- ing reached as a result of these conversations as follows: 1. For such time as the Government of the United States of America participates in the occupation or control of any areas in western Ger- many, the Free Territory of Trieste, Japan or southern Korea, the Government of Greece will apply to the merchandise trade of such area the provisions relating to the most-favored-nation treatment of the merchandise trade of the United States of America set forth in the Provisional Commercial Agreement, signed November 15, 1938, or, for such time as the Governments of the United States of America and Greece may both be contracting parties to the General Agreement on Tariffs and Trade, dated October 30, 1947, the provisions of that Agreement, as now or hereafter amended, relating to the most-favored- nation treatment of such trade. It is understood that the undertaking in this paragraph relating to the application of the most-favored- nation provisions of the Provisional Commercial Agreement shall be subject to the exceptions recognized in the General Agreement on Tariffs and Trade permitting departures from the application of most- favored-nation treatment; provided that nothing in this sentence shall be construed to require compliance with the procedures specified in the General Agreement with regard to the application of such exceptions. 2. The undertaking in peint 1, above, will apply to the merchandise trade of any area referred to therein only for such time and to such extent as such area accords reciprocal most-favored-nation treatment to the merchandise trade of Greece. 3. The undertakings in points 1 and 2, above, are entered into in the light of the absence at the present time of effective or significant 68 706-52-PT. i- - -19 July 2, 1948 [T. I. A. S. 1826] 53 Stat. 2046 . 61 Stat., Pts. 5and 6. 62 STAT.] 2899

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