Page:United States Statutes at Large Volume 62 Part 3.djvu/275

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DENMARK-TRADE --JUNE 29, 1948 2883 Agreement between the United States of America and Denmark respecting the application of most-favored-nation treatment to areas under occu- pation or control. Effected by exchange of notes signed at Copen- hagen June 29, 1948; entered into force July 2, 1948. The American Ambassador to the Danish Minister for Foreign Affairs No. 179 Sin: June 29, 1948 (T. I. A. S. 1822] AMERICAN EMBASSY, Copenhagen, June 29, 1948. I have the honor to refer to the conversations which have recently taken place between representatives of our two Governments relating to the territorial application of commercial arrangements between the United States of America and Denmark and have the honor to confirm the understanding reached as a result of these conversations as follows: 1. For such time as the Government of the United States of America participates in the occupation or control of any areas in western Ger- many or the Free Territory of Trieste, the Government of Denmark will apply to the merchandise trade of such area the provisions relat- ing to the most-favored-nation treatment of the merchandise trade of the United States of America set forth in the General Convention of Friendship, Commerce and Navigation signed April 26, 1826, as amended by the Convention of April 11, 1857, or, for such time as the Governments of the United States of America and Denmark may both be contracting parties to the General Agreement on Tariffs and Trade, dated October 30, 1947 the provisions of that Agreement, as now or hereafter amended, relating to the most-favored-nation treat- ment of such trade. It is understood that the undertaking in this paragraph relating to the application of the most-favored-nation provisions of the General Convention of Friendship, Commerce and Navigation shall be subject to the exceptions recognized in the General Agreement on Tariffs and Trade permitting departures from the application of most-favored- nation treatment; provided that nothing in this sentence shall be construed to require compliance with the procedures specified in the General Agreement with regard to the application of such exceptions. 2. The undertaking in point 1, above, will apply to the merchandise trade of any area referred to therein only for such time and to such extent as such area accords reciprocal most-favored-nation treatment to the merchandise trade of Denmark. 3. The undertakings in points 1 and 2, above, are entered into in the light of the absence at the present time of effective or significant tariff barriers to imports into the areas herein concerned. In the event that such tariff barriers are imposed, it is understood that such undertakings 8 Stat. 340. 11 Stat. 719. 61 Stat., Pts. 5and 6. 62 STAT.