62 STAT.] KOREA-ECONOMIC COOPERATION-DEC. 10, 1948 of a Treaty of Amity and Comaerce between the Government of the United States of America and the Government of the Republic of Korea, the Govern- ment of the United States of America shall accord, immediately and uncon- ditionally, to the merchardise trade of the Republic of Korea treatment no less fsvorable than that accorded to the merchandise trade of any third country. Similarly, treatment no less favcrable than that accorded to the merchandise trade of any third country shall be accorded, immedi- ately and unconditionally, within the Renublic of Korea, to the merchandise trade of the United States of Anerica. 3. Denartures from the appli- cation of the most-favored-nation treatment provided for in paragraph 2 of this Article shall be permitted to the extent that they are in accord with the exceptions recognized under the General Agreement on Tariffs and Trade, doted Octber 30, 1947, con- cluded at the Second Session of the Preparatory Committee of the United Mations Conference on Trede and Emprloyment, as now or hereafter aneended. The provisions of this paragraph shall not be construed to renuire compliance with the pro- cedures specified in the Gen-ral I- j 4?F--jI AL ^ -M < -S"»> k rSl& A -a}- 'r
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