Page:United States Statutes at Large Volume 62 Part 3.djvu/58

 YUGOSLAVIA-CLAIMS-JULY 19, 1948 AIDE-MEMOIRE Upon the signature of the Agreement between the Governments of the United States of America and the Federal People's Republic of Yugoslavia regarding Pecuniary Claims of the United States and Its Nationals, the necessary licenses will be issued by the Government of the United States unblocking Yugoslav assets, public and private, and enabling the Yugoslav Government freely to use, transfer or export the gold and other assets on deposit with the Federal Reserve Bank of New York in the name of the Government of Yugoslavia in excess of the amount to be paid to the United States pursuant to such Agree- ment. Concurrently, the Secretary of State will certify to the Federal Reserve Bank of New York the authority of the Yugoslav Ambassador to receive, control and dispose of such assets. Upon the issuance of such licenses and certification, and in view of the assurances during the negotiations that the documents re- quested by the Federal Reserve Bank of New York, in its letter of November 30, 1945, ['] to the Yugoslav National Bank, will, in due course, be furnished by such Bank, the Federal Reserve Bank of New York will promptly execute the instructions of the Ambassador with respect to such assets. All formalities with respect to the issuance of the necessary licenses and certification will be promptly accomplished, so that such assets will be at the free disposal of the Yugoslav Government for use, transfer or export within five days of the signature of the aforesaid Agreement. Issuance of licenses unblocking Yugoslav assets. Ante, p. 2658. JBK DEPARTMENT OF STATE, Washington, July 19, 1948 The Secretary of State to the Yugoslav Ambassador The Secretary of State presents his compliments to His Excellency, the Ambassador of the Federal People's Republic of Yugoslavia and has the honor to inform the Ambassador that the United States Gov- ernment understands from the Embassy's communication No. Pov. Br. 407 of April 2, 1946,['] that the Government of the Federal People's Republic of Yugoslavia recognizes among its other international obligations the dollar bonds issued or guaranteed by predecessor Yugoslav governments; and inquires whether the Ambassador would confirm this interpretation. JBK DEPARTMENT OF STATE, Washington, July 19, 1948 Not printed. Dollar bonds issued by predecessor Yugo- slav governments. 62 STAT.] 2663

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