2922 Duration. 61 Stat., Pta. and 6. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [62 STAT. estimated amount of such subsidization, where the Government of the Netherlands determines that the subsidization is such as to cause or threaten material injury to an established domestic industry or is such as to prevent or materially retard the establishment of a domestic industry. 5. The undertakings in this note shall remain in force until January 1, 1951, and, unless at least six months before January 1, 1951, either Government shall have given notice in writing to the other of intention to terminate these undertakings on that date, they shall remain in force thereafter until the expiration of six months from the date on which such notice shall have been given. Please accept, Excellency, the renewed assurances of my highest consideration. HERMAN BENJAMIN BARUCH His Excellency Baron C. 0. W . H. VAN BOETZELAER VAN OOSTERHOUT, Minister of ForeignAffairs, The Hague. The Netherlands Minister of ForeignAffairs to the American Ambassador THE HAGUE, July 2, 1948. SIR, I have the honour to acknowledge the receipt of your Excellency's Note of to-day's date, reading as follows: " I have the honor to refer to the conversations which have re- cently taken place between representatives of our two Governments relating to the territorial application of commercial arrangements between the United States of America and the Kingdom of the Netherlands and to confirm the understanding 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 Germany, the Free Territory of Trieste, the Government of the Netherlands will apply to the merchandise trade of such area the provisions 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 point 1, above, will apply to the merchan- dise 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 Netherlands. " 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 signifi- cant tariff barriers to imports into the areas herein concerned. In the event that such tariff barriers are imposed, it is understood
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