U. S . S . R. -COMMERCIAL RELATIONS-AUGUST 4, 1937 prior to the expiration of the aforesaid period of twelve months they shall start negotiations regarding the extension of the period dur- ing which the present agreement shall continue in force. Accept, Excellency, the renewed assurances of my highest con- sideration. JOSEPH E. DAVIES Ambassador Extraordinary and Plenipotentiary of the United States of America His Excellency MAXIM LITVINOFF, People's Commissarfor ForeignAffairs, Mosoozo. Moscow, August 4, 1937. MR. AMBASSADOR: With reference to recent conversations which have taken place in regard to commerce between the Union of Soviet Socialist Re- publics and the United States of America, I have the honor to con- firm and to make of record by this note the following agreement which has been reached between the Governments of our respective countries: One. The United States of America will grant to the Union of Soviet Socialist Republics unconditional and unrestricted most- favored-nation treatment in all matters concerning customs duties and charges of every kind and in the method of levying duties, and, further, in all matters concerning the rules, formalities, charges im- posed in connection with the clearing of goods through the customs, and with respect to all laws or regulations affecting the sale or use of imported goods within the country. Accordingly, natural or manufactured products having their origin in the Union of Soviet Socialist Republics shall in no case be sub- ject, in regard to the matters referred to above, to any duties taxes or charges other or higher, or to any rules or formalities other or more burdensome, than those to which the like products having their origin in any third country are or may hereafter be subject. Similarly natural or manufactured products exported from the territory of the United States of America and consigned to the territory of the Union of Soviet Socialist Republics shall in no case be subject with respect to exportation and in regard to the above- mentioned matters, to any duties, taxes, or charges other or higher, or to any rules or formalities other or more burdensome, than those to which the like products when consigned to the territory of any third country are or may hereafter be subject. Any advantage, favor privilege or immunity which has been or may hereafter be granted by the United States of America in regard to the above-mentioned matters, to a natural or manufactured prod- uct originating in any third country or consigned to the territory of any third country shall be accorded immediately and without com- pensation to the like product originating in or consigned to the territory of the Union of Soviet Socialist Republics. It is understood that so long as and in so far as existing law of the United States of America may otherwise require, the foregoing pro- visions, in so far as they would otherwise relate to duties, taxes or charges on coal, coke manufactured therefrom, or coal or coke bri- quettes, shall not apply to such products imported into the United States of America. If the law of the United States of America shall not permit the complete operation of the foregoing provisions with 1621 Confirmation by Union of Soviet So- cialist Republics. 0
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