Page:United States Statutes at Large Volume 62 Part 2.djvu/1088

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INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [62 STAT. Prevention of prac- tices interfering with achievement of pro- gram. Post, pp. 2400 , 2402. 62 Stat. , Pt. 1I pp. 144, 1056 Post, p. 2396. Government of Iceland will accord sympathetic consideration to proposals made in conjunction with the International Refugee Organization directed to the largest practicable utilization of manpower available in any of the participating countries in furtherance of the accomplishment of the purposes of this Agreement. 3. The Government of Iceland will take the measures which it deems appropriate, and will cooperate with other participating countries, to prevent, on the part of private or public commercial enterprises, business practices or business arrangements affecting international trade which restrain competition, limit access to markets or foster monopolistic control whenever such practices or arrangements have the effect of Interfering with the achievement of the Joint program of European recovery. ARTICLE III ( Guaranties ) 1. The Governments of the United States of America and Iceland will, upon the request of either Government, consult respecting projects In Iceland proposed by nationals of the United States of America and with regard to which the Government of the United States of America may appropriately make guaranties of currency transfer under section 111 (b)(3) of the Economic Cooperation Act of 1948. 2. The Government of Iceland agrees that If the Govern. ment of the United States of America makes payment in United States dollars to any person under such a guaranty, any krdnur, or credits in krdnur, assigned or transferred to the Government of the United States of America pursuant to that section shall be recognized as property of the Government of the United States of America. 2374