INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [58 STAT.
April 8,1943
[E.A. 8. 410]
19 U.t.
. , Bupp.
13a51
(a).
Agreement and supplementary exchange of notes between the United
States of America and Iran respecting reciprocal trade. Signed at
Washington April 8, 1943; proclaimed by the Presidentof the United
States of America March 31, 1944; ratified by the National Assembly
(Majlis) of Iran October 24, 1943; proclamation and instrument of
ratification exchanged at Washington May 29, 1944; supplementary
proclamation by the President of the United States of America May
29, 1944; effective June 28, 1944.
BY THE PRESIDENT OF THE UNITED STATES OF AMERICA
A PROCLAMATION
WHnEm As section 350(a) of the Tariff Act of 1930 of the Congress
of the United States of America, as amended by the act of June 12,
1934, entitled "AN ACT To amend the Tariff Act of 1930" (48 Stat.
943; U.S .C., 1940 ed., title 19, sec. 1351(a)), provided as follows:
"Sec. 350. (a) For the purpose of expanding foreign markets
for the products of the United States (as a means of assisting in
the present emergency in restoring the American standard of
living, in overcoming domestic unemployment and the present
economic depression, in increasing the purchasing power of the
American public, and in establishing and maintaining a better
relationship among various branches of American agriculture,
industry, mining, and commerce) by regulating the admission
of foreign goods into the United States in accordance with the
characteristics and needs of various branches of American pro-
duction so that foreign markets will be made available to those
branches of American production which require and are capable
of developing such outlets by affording corresponding market
opportunities for foreign products in the United States, the
President, whenever he finds as a fact that any existing duties or
other import restrictions of the United States or any foreign
country are unduly burdening and restricting the foreign trade
of the United States and that the purpose above declared will be
promoted by the means hereinafter specified, is authorized from
time to time-
"(1) To enter into foreign trade agreements with foreign gov-
ernments or instrumentalities thereof; and
"(2) to proclaim such modifications of existing duties and
other import restrictions, or such additional import restrictions,
or such continuance, and for such minimum periods, of existing
customs or excise treatment of any article covered by foreign
trade agreements, as are required or appropriate to carry out any
foreign trade agreement that the President has entered into here-
under. No proclamation shall be made increasing or decreasing
by more than 50 per centum any existing rate of duty or trans-
ferring any article between the dutiable and free lists. The pro-
claimed duties and other import restrictions shall apply to articles
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