Page:United States Statutes at Large Volume 62 Part 2.djvu/1191

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2480: INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [62 STAT. Economic Cooperation signed at Paris on April 16, 19481'] under which the signatories of that Convention agreed to undertake as their imme- diate task the elaboration and execution of a joint recovery program, and that the Govern- ment of the Netherlands is a member of the Organization for European Economic Cooperation created pursuant to the provisions of that Convention; Considering also that, in furtherance of these principles, the Government of the United States of America has enacted the 62Stat.,Pt. 1,p.13. Economic Cooperation Act of 1948, providing for the furnishing of assistance by the United States to nations participating in a joint program for European recovery, in order to enable such nations through their own individual and. concerted efforts to become independent of extraordinary outside economic assitance; Taking note that the Government of the Netherlands has already expressed its adherence to the purposes and policies of the Economic Cooperation Act of 1948; Desiring to set forth the understandings which govern the furnishing of assistance by the Government of the United States of America under the Economic Cooperation Act of 1948, the receipt of such assistance by the Netherlands, and the measures which the two Governments will take individually and together in furthering the recovery of the Netherlands . a s an integral part of the joint program for European recovery; Have agreed as followst Article I. (Assistance and Cooperation) 1. The Government of the United States of America undertakes to assist the Netherlandst by making available to the Covernment of the Netherlands or to any person, agency or organization designated by the latter Government such assistance as may be requested by it and approved by the Government of the United States of America. The Government of the United States of America will furnish this assistance under the provisions, and subject to all of the termna conditions and termination provisions, of the 1Department of State publication 3145.