INTERNATIONAL AGREEMENTS OTHER THAN TREATIES Prmotion offoreign WHEREAS I, Franklin D. Roosevelt, President of the United States of America, have found as a fact that certain existing duties and other import restrictions of the United States of America and the Republic of Nicaragua are unduly burdening and restricting the for- eign trade of the United States of America and that the purpose 46 Stat. 70; 48s tat. declared in the said Tariff Act of 1930, as amended by the said Act of June 12, 1934, will be promoted by a foreign trade agreement between the United States of America and the Republic of Nicaragua; Notice given. WHEREAS reasonable public notice of the intention to negotiate such foreign trade agreement was given and the views presented by persons interested in the negotiation of such agreement were received and considered; Trade agreement WHEREAS, after seeking and obtaining information and advice with respect thereto from the United States Tariff Commission, the De- partments of State, Agriculture, and Commerce, and from other sources, I entered into a foreign trade agreement on March 11, 1936, through my duly empowered Plenipotentiary, with the President of the Republic of Nicaragua through his duly empowered Plenipoten- tiary, which Agreement, including two Schedules annexed thereto, in the English and Spanish languages, is in words and figures as follows: The President of the United States of America and the Presi- dent of the Republic of Nic- aragua, being desirous of strength- ening the traditional bonds of friendship between the two coun- tries by maintaining the principle of equality of treatment as the basis of commercial relations and by granting mutual and reciprocal concessions and advantages for the promotion of trade, have, through their respective Pleni- potentiaries, arrived at the follow- mg Agreement: ARTICLE I Enumerated imports Articles the growth, produce or n , p.1.4 manufacture of the United States of America, enumerated and de- scribed in Schedule I annexed to this Agreement and made a part thereof, shall, on their importa- tion into the Republic of Nic- aragua, be exempt from ordinary customs duties in excess of those set forth in the said Schedule. No easM dute The said articles shall also be exempt from all other duties, taxes, fees, charges or exactions, imposed on or in connection with importation, in excess of those imposed on the day of the signa- ture of this Agreement or re- quired to be imposed thereafter El Presidente de los Estados Unidos de America y el Presidente de la Repdblica de Nicaragua, deseosos de estrechar los vinculos tradicionales de amistad entre los dos pafses, por el manteni- miento del principio de igualdad de tratamiento como base de sus relaciones comerciales y por el otorgamiento de concesiones y ventajas mdtuas y reciprocas para la promoci6n del comercio, han celebrado por medio de sus respectivos Plenipotenciarios, el siguiente Convenio: ARTICULO I. Los articulos cosechados, pro- ducidos o manufacturados en los Estados Unidos de America, enu- merados y descritos en la Lista No. I anexa a este Convenio, y del cual forma parte, serfn eximidos al ser importados en la Repdblica de Nicaragua, del pago de derechos ordinarios de aduana que excedan a los especificados en dicha Lista. Tales articulos estaran asimismo exentos del pago de todo otro derecho, impuesto, contribuci6n, cargo o exacci6n establecidos sobre la importaci6n o en relaci6n con ella, que exceda de los previstos, o cuya percepci6n fuere exigible por leyes de la Repdblica de Nic- Purpoe deared. 1414
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