Page:United States Statutes at Large Volume 56 Part 2.djvu/429

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INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [56 STAT. proclaimed duties and other import restrictions shall apply to articles the growth, produce, or manufacture of all foreign countries, whether imported directly, or indirectly: Provided, That the President may suspend the application to articles the growth, produce, or manufacture of any country because of its discriminatory treatment of American commerce or because of other acts or policies which in his opinion tend to defeat the purposes set forth in this section; and the proclaimed duties and other import restrictions shall be in effect from and after such time as is specified in the proclamation. The President may at any time terminate any such proclamation in whole or in part." WHEREAS the period within which the President of the United States of America is authorized to enter into trade agreements under the said section 350(a) was extended by Joint Resolutions of Congress approved March 1, 1937 and April 12, 1940 (48 Stat. 944, 50 Stat. 24, 54 Stat. 107; U.S .C., 1940 ed., title 19, sec. 1352(c)); 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 Peru are unduly burdening and restricting the foreign trade of the United States of America and that the purpose declared in the above- quoted provisions of the Tariff Act of 1930, as amended, will be promoted by a trade agreement between the United States of America and the Republic of Peru; WHEREAS reasonable public notice of the intention to negotiate such trade agreement was given and the views presented by persons interested in the negotiation of such agreement were received and considered; WHEREAS, after seeking and obtaining information and advice with respect thereto from the United States Tariff Commission, the Departments of State, Agriculture, and Commerce, and from other sources, I entered into a Trade Agreement on May 7, 1942, through my duly empowered Plenipotentiary, with the President of the Republic of Peru, through his duly empowered Plenipotentiary, which Agreement, including two Schedules annexed thereto, in the English and Spanish languages, is in words and figures as follows: TRADE AGREEMENT BETWEEN CONVENIO COMERCIAL ENTRE THE UNITED STATES OF AMER- LOS ESTADOS UNIDOS DE AME- ICA AND THE REPUBLIC OF RICA Y LA REPUBLICA DEL PERU PERU Purposes declared. The President of the United El Presidente de los Estados States of America and the Presi- Unidos de America y el Presidente dent of the Republic of Peru, be- de la Repfiblica del Peri, deseando ing desirous of strengthening the estrechar los lazos tradicionales de traditional bonds of friendship be- amistad entre los dos paises me- tween the two countries by main- diante el mantenimiento del prin- taining the principle of equality cipio de igualdad de tratamiento of treatment as the basis of com- como base de las relaciones comer-