INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [61 STAT. PART I Article I General Most-Favoured-Nation Treatment 1. With respect to customs duties and charges of any kind imposed on or in connection with importation or exportation or imposed on the international transfer of payments for imports or exports, and with respect to the method of levying such duties and charges, and with respect to all rules and formalities in connection with importation and exportation, and with respect to all matters referred to in paragraphs 1 and 2 of Article III, ['Iany advantage, favour, privilege or immunity granted by any contracting party to any product originating in or destined for any other country shall be accorded immediately and unconditionally to the like product originating in or destined for the territories of all other contracting parties. 2. The provisions of paragraph 1 of this Article shall not require the elimination of any preferences in respect of import duties or charges which do not exceed the levels provided for in paragraph 3 of this Article and which fall within the following descriptions: (a) preferences in force exclusively between two or more of the territories listed in Annex A, [2] subject to the conditions set forth therein; (b) preferences in force exclusively between two or more territories which on July 1, 1939, were connected by common sovereignty or relations of protection or suzerainty and which are listed in Annexes B, C and D, ['] subject to the conditions set forth therein; ' Pot, p. AS5.1 '2 |Pot. p. A76 .] ( Poet, pp. A78, A79. A80 . 1
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