Page:United States Statutes at Large Volume 62 Part 3.djvu/333

 UNITED KINGDOM-TRADE -JULY 6, 1948 Agreement between the United States of America and the United King- dom of Great Britain and Northern Ireland respecting the application of most-favored-natwn treatment to areas under occupation or control. Effected by exchange of notes signed at London July 6, 1948; entered intoforce July 6, 1948. The American Ambassador to the British Secretary of State for Foreign Affairs EMBASSY OF THE UNrED STATES OF AMEICOA No: 2582 London, July 6, 1948 SIR: 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 the United Kingdom and to con- firm the understanding reached as a result of these conversations as follows: 1. For such time as either the Government of the United States of America or the Government of the United Kingdom of Great Britain and Northern Ireland participates in the occupation or control of any areas in Western Germany or the Free Territory of Trieste, the other Government will apply to the merchandise trade of such area the pro- visions of the General Agreement on Tariffs and Trade, dated October 30, 1947, as now or hereafter amended, relating to most-favored- nation treatment. 2. The undertaking in paragraph 1, above, will apply on the part of the Government of the United States of America or the Govern- ,nent of the United Kingdom of Great Britain and Northern Ireland 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 the United States of America or the United Kingdom of Great Britain and Northern Ire- land, respectively. 3. The undertakings in paragraphs 1 and 2, above, are entered into in the light of the absence at the present time of effective or significant tariff barriers to imports into the areas herein concerned. If such tariff barriers are imposed, it is understood that such undertakings shall be without prejudice to the application of the principles set forth in the Havana Charter for an International Trade Organiza- tion [1] relating to the reduction of tariffs on a mutually advantageous basis. ' Department of State publication 3117. July 6, 1948 [T. I. A. S. 1835] 61 Stat., Pts. and 6. 2941 62 STAT.]

�