Page:United States Statutes at Large Volume 63 Part 3.djvu/203

This page needs to be proofread.

63 STAT.] FRANCE-FINANCIAL CLAIMS AND ACCOUNTS-MAR . 14, 1949 Agreement between the United States of America and France respecting the settlement of certain financial claims and accounts. Signed at Washington March 14, 1949; entered into force March 14, 1949. AGREEMENT BETWEEN THE GOVERNMENT OF THE UNITED STATES AND THE GOVERNMENT OF FRANCE REGARDING SETTLEMENT OF CERTAIN RESIDUAL FINANCIAL CLAIMS AND ACCOUNTS The Government of the United States of America and the Govern- ment of the Republic of France have reached agreement as set forth below regarding final settlement of certain financial claims and ac- counts of each Government against the other which were not finally settled in the agreements set forth in the Memorandum of Under- standing, and the Annexes thereto, between the Government of the United States of America and the Provisional Government of the French Republic signed on May 28, 1946 regarding settlement for lend-lease, reciprocal aid, surplus war property, and claims, and in the exchange of notes of February 27, 1948 between the two Govern- ments regarding expenditures of the United States Armed Forces in France and French overseas territories, or which have arisen inde- pendently of such agreements. 1. Amount Due The two Governments agree that the sum of $653,300,000 is the final revised net amount due from the Government of France to the Government of the United States pursuant to the terms of paragraph 2 of the Memorandum of Understanding of May 28, 1946. This amount is made up (a) in part of amounts agreed upon in the said Memorandum of Understanding and the Annexes thereto and (b) in part of amounts agreed hereunder, consisting of (i) amounts estimated at the time of the signing of the said Memorandum of Understanding and subject to revision and (ii) the net balance of additional financial accounts, claims and obligations settled hereunder. This revised net amount is final and is not subject to amendment even if it should later be determined that any of the figures used in making up the balance were not accurate. 2. Terms of Payment The revised net amount set forth in paragraph 1 of this Agree- ment will be paid on the terms specified in paragraphs 3 and 5 of the Memorandum of Understanding of May 28, 1946. 3. Claims During the course of the negotiations leading to this Agreement, representatives of the two Governments have discussed numerous claims of each Government against the other, with the objective 61 Stat., Pt.4, p.4175 . 62 Stat., Pt.3, p.3826 . 61 Stat., Pt.4, p.4176 . 61 Stat., Pt. 4, pp. 4175 , 4176. March 14, 1949 IT. I. A. S.196] 2507