60 STAT.] POLAND-ECONOMIC, ETC. , CO OPERATION-APR. 24 , 1946 Agreement between the United States of America and Poland respecting April"24 , 19 economic and financial cooperation. Effected by exchange of notes [T.I.A . .15161 signed at Washington April 24, 1946. The Acting Secretary of State to the Polish Ambassador DEPARTMENT OF STATE WASHINGTON April 24, 1946 ExCEiETCRT: The Government of the United States, desirous of aiding the people of Poland in their efforts to repair war damages and to-reconstruct the Polish economy, expresses its satisfaction at the successful con- clusion of the negotiations concerning the opening of credits of $40,000,000 to the Provisional Government of Poland by the Export- Import Bank of Washington, D. C., and the satisfactory conclusion of arrangements for extending credits up to $50,000,000 for the purchase by Poland of United States surplus property held abroad. The Government of the United States hopes that these agreements will prove to be the first step toward durable and mutually beneficial economic and financial cooperation between the Governments of the two countries. It believes, however, that such cooperation can de- velop fully only if (1) a general framework is established within which economic relations between Poland and the United States can be effectively or- ganized on the basis of principles set forth in Article VII of the Mutual Aid Agreement of July 1, 1942, so as to result in the elimina- tion of all forms of discriminatory treatment in international com- merce, and the reduction of tariffs and other trade barriers; (2) the Provisional Government of Poland is in accord with the general tenor of the "Proposals for Expansion of World Trade and Employment" recently transmitted to the Provisional Government of Poland by the Government of the United States, and undertakes together with the Government of the United States to abstain, pend- ing the participation of the two Governments in the general inter- national conference on trade and employment contemplated by the "Proposals", from adopting new measures which would prejudice the objectives of the conference; (3) the Provisional Government of Poland will continue to accord to nationals and corporations of the United States the treatment pro- vided for in the Treaty of Friendship, Commerce and Consular Rights between the United States and Poland, signed June 15, 1931; (4) the Government of the United States and the Provisional Gov- ernment of Poland will make both adequate and effective compensa- tion to nationals and corporations of the other country whose prop- erties are requisitioned or nationalized; 56 Stat. 1544. 48 Stat. 1507. Compensation for property requisi- tioned. 1609
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