uary 17, 1949, that the Belgian Government hereby gives its final agreement with respect to the texts "ne varietur" of Articles IV and X, as they appear in the Department's notes of October 7 and December 22, 1948, as well as in the Embassy's note referred to above. It follows from this agreement that the arrangement concluded by the letters of June 6 and July 23, 1947, has received its complete and definitive form. MINISTRY OF FOREIGN AFFAIRS EMBASSY OF THE UNITED STATES OF AMERICA Brussels LEND-LEASE SETTLEMENT Agreement signed at Paris May 12, 1949, amending agreement of Entered into force May 12, 1949 63 Stat. 2837; Treaties and Other International Acts Series 2070 AN AGREEMENT AMENDING THE AGREEMENT OF 24 SEPTEMBER 1946 RELATING TO THE TRANSFER of U.S. SURPLUS PROPERTY IN BELGIUM Under the terms of the Agreement Relating to the Transfer of U.S. Surplus Property in Belgium dated 24 September 1946,' the Belgian Government, through the Office of Mutual Aid (OMA), has sold substantial quantities of the stocks turned over to it for sale under the terms of said Agreement. There still remain, however, considerable quantities which have not yet been sold. It is the desire of our two governments in accordance with the understanding expressed in paragraph 7 of said Agreement, to agree as to the most advantageous and expeditious manner of liquidating these remaining stocks and to this end agree as follows: (1) The Belgian Government agrees to sell, prior to 1 July 1951, in accordance with the terms and conditions of the Agreement of 24 September 1946, all property (including scrap and salvage) specified in Article I of the Agreement, located in Belgium which has been or is, prior to 31 March 1949, declared to the Office of the Foreign Liquidation Commissioner as surplus to the needs of the Government of the United States and transferred to the Belgian Government for disposal. (2) The terms of this Amendment, in so far as they are in conflict with the terms of the Agreement of 24 September 1946, shall be considered as controlling. Done at Paris, France, in duplicate this 12 day of May, 1949. For the Government of the United States of America A. ERIC TAFF Central Field Commissioner for Europe For the Government of Belgium J. JACQUIN Director General - O. M. A. 1TIAS 2064, ante, p. 631. CLAIMS: WAR DAMAGE Exchanges of notes at Brussels December 5, 1949, March 17 and December 1, 1950, and March 12, 1951 Entered into force March 12, 1951 [For text, see 2 UST 943; TIAS 2248.] Belgo-Luxembourg Economic RECIPROCAL TRADE Exchange of notes at Washington February 27, 19351 Entered into force May 1, 1935 3 Modified by agreement of May 4 and July 11, 1946 2 49 Stat. 3680; Executive Agreement Series 75 The Acting Secretary of State to the Plenipotentiary of the Belgo-Luxembourg Economic Union MR. MINISTER: DEPARTMENT OF STATE Washington, February 27, 1935 The undersigned, Acting Secretary of State of the United States of America, being duly empowered thereto by the President of the United States of America, in pursuance of the authority conferred upon him by the Act of Congress of the United States of America, approved June 12, 1934,5 entitled "An Act to amend the tariff act of 1930", has the honor to advise you that the Government of the United States of America, being desirous of strengthening the traditional bonds of friendship with the Belgo-Luxemburg Economic Union, agrees (1) to accord unconditionally to the commerce of the Belgo-Luxemburg Economic Union, the treatment now or hereafter accorded to the commerce of the most favored foreign nation, the Republic of Cuba excepted; and (2) to exempt the products of the soil or industry of the Belgo-Luxemburg Economic Union, listed in Schedule II 1 annexed hereto, on their importation into the customs territory of the United States of Amer 1 1 For tariff schedules annexed to notes, see 49 Stat. 3684 or p. 5 of EAS 75. TIAS 1572, post, p. 715. TIAS 1701, post p. 718. Pursuant to notice of termination given by the United States Aug. 10, 1962. 48 Stat. 943. ica, from ordinary customs duties in excess of those specified in the said Schedule. It is understood that the Belgo-Luxemburg Economic Union, on its part, agrees (1) to accord unconditionally to the commerce of the United States of America the treatment now or hereafter accorded to the commerce of the most favored foreign nation; (2) to exempt the products of the soil or industry of the United States of America listed in Schedule I annexed hereto, on their importation into the customs territory of the Belgo-Luxemburg Economic Union, from ordinary customs duties in excess of those specified in the said Schedule; (3) with respect to products for which import quotas are specified in the said Schedule, to permit the importation of quantities not less than those specified therein; and (4) with respect to products for which luxury or license taxes are specified in the said Schedule, to exempt such products from taxes in excess of those specified therein. In the event that the Government of either country adopts any measure which, even though it does not conflict with the terms of this Agreement, is considered by the Government of the other country to have the effect of nullifying or impairing any object of the Agreement, the Government which has adopted any such measure shall consider such representations and proposals as the other Government may make with a view to effecting a mutually satisfactory adjustment of the matter. The present Agreement shall come into force on the thirtieth day following proclamation thereof by the President of the United States of America and the simultaneous publication of the said Agreement in the Moniteur Belge; and, except as hereinafter provided, shall remain in force and effect until six months from the day on which either Government shall give notice of its intention to terminate it. It is understood, however, that: (1) In the event that a wide variation occurs in the rate of exchange between the currencies of the United States of America and the BelgoLuxemburg Economic Union, the Government of either country, if it considers the variation so substantial as to prejudice the industries or commerce of the country, shall be free to propose negotiations for the modification of this Agreement or to terminate it on thirty days' written notice. (2) The Government of each country reserves the right to withdraw the concession granted on any article under this Agreement, or to impose quantitative restrictions on any such article if at any time there should be evidence that, as a result of the extension of such concession to third countries, such countries will obtain the major benefit of such concession and in consequence thereof an unduly large increase in importations of such article will take place: Provided that before the Government of either country shall avail itself of the foregoing reservation, it shall give notice in writing to the other Government of its intention to do so, and shall afford such other Government an opportunity within thirty days after receipt of such notice |