Page:United States Statutes at Large Volume 62 Part 3.djvu/419

 3028 Measures for practi- cal use of resources. Post, p. 3036. Developmentof pro- duction. Maintenance of financial stability. Post, p. 3036. Stimulation of trade. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [62 STAT. Article II (General Undertakings) 1. In order to achieve the maximum recovery through the employ- ment of assistance received from the Government of the United States of America, the Commander will use his best endeavors: a) to adopt or maintain the measures necessary to ensure efficient and practical use of all the resources available to the UK/US Zone, including (i) such measures as may be necessary to ensure that the com- modities and services obtained with assistance furnished under this Agreement are used for purposes consistent with this Agreement and, as far as practicable, with the general purposes outlined in the schedules furnished by the Com- mander in support of the requirements of assistance to be furnished by the Government of the United States of America; (ii) the observation and review of the use of such resources through an effective follow-up system approved by the Organization for European Economic Cooperation; and (iii) to the extent practicable, measures to locate, identify and put into appropriate use in furtherance of the joint program for European recovery, assets, and earnings therefrom, which belong to citizens and juridical persons domiciled within the boundaries of the UK/US Zone and which are situated within the United States of America, its territories or possessions. Nothing in this clause imposes any obliga- tion on the Government of the United States of America to assist in carrying out such measures or on the Commander to dispose of such assets; b) to promote the development of industrial and agricultural pro- duction on a sound economic basis; to achieve such produc- tion targets as may be established through the Organization for European Economic Cooperation; and when desired by the Government of the United States of America, to communicate to that Government detailed proposals for specific projects contemplated by the Commander to be undertaken in substantial part with assistance made available pursuant to this Agreement, including whenever practicable projects for increased production of steel and transportation facilities; c) to balance the governmental budget as soon as practicable and to create or maintain internal financial stability; and d) to cooperate with other participating countries in facilitating and stimulating an increasing interchange of goods and services among the participating countries and with other countries and in reducing public and private barriers to trade among them- selves and with other countries.

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