ture of the other High Contracting Party, or of payments necessary for and incidental to the importation of such articles; (b) Accord unconditionally, with respect to rates of exchange and taxes or surcharges on exchange transactions in connection with pay- ments for or payments necessary and incidental to the importation of articles the growth, produce, or manufacture of the other High Con- tracting Party, treatment no less favorable than that accorded in connection with the importation of any article whatsoever the growth, produce, or manufacture of any third country; and (c) Accord unconditionally, with respect to all rules and formali- ties applying to exchange transactions in connection with payments for or payments necessary and incidental to the importation of articles the growth, produce, or manufacture of the other High Con- tracting Party, treatment no less favorable than that accorded in connection with the importation of the like articles the growth, produce, or manufacture of any third country. With respect to non-commercial transactions, each High Contract- ing Party shall apply any form of control of the means of interna- tional payment in a non-discriminatory manner as between the na- tionals of the other High Contracting Party and the nationals of any third country. ARTICLE XI In the event that either High Contracting Party establishes or maintains a monopoly for the importation, production or sale of a particular product or grants exclusive privileges, formally or in effect, to one or more agencies to import, produce or sell a particular product, the High Contracting Party establishing or maintaining such monopoly, or granting such monopoly privileges, shall, in re- spect of the foreign purchases of such monopoly or agency, accord the commerce of the other High Contracting Party fair and equitable treatment. In making its foreign purchases of any article such monopoly or agency shall be influenced solely by competitive consid- erations such as price, quality, marketability, and terms of sale. ARICLE XII All articles which are or may be legally imported from foreign countries into ports of the United States of America or are or may be legally exported therefrom in vessels of the United States may likewise be imported into those ports or exported therefrom in Liberian vessels, without being liable to any other or higher duties or charges whatsoever than if such articles were imported or ex- ported in vessels of the United States; and reciprocally, all articles which are or may be legally imported from foreign countries into the ports of Liberia or are or may be legally exported therefrom in Liberian vessels may likewise be imported into those ports or ex- ported therefrom in vessels of the United States without being liable to any other or higher duties or charges whatsoever than if such articles were imported or exported in Liberian vessels. Government, etc., monopolies. Carriage by sea, re- ciprocal privileges. 1744 TREATIES L54 STAT.
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