Page:United States Statutes at Large Volume 105 Part 3.djvu/715

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PROCLAMATION 6307—JUNE 24, 1991 105 STAT. 2599 (b) "A manner contrary to honest commercial practice" is understood to encompass, inter alia, practices such as theft, bribery, breach of contract, inducement to breach, electronic and other forms of commercial espionage, and includes the acquisition of trade secrets by third parties who knew, or had reasonable grounds to know, that such practices were involved in the acquisition. (c) Unless otherwise indicated by the context, all terms in this letter shall have the same meaning as in the Agreement. 5. Nothing in this letter shall be construed to diminish the rights of nationals and companies of a Party under the Agreement. I have the further honor to propose that this understanding be treated as an integral part of the Ap-eement. I would be grateful if you would confirm that this understanding is shared by your Government. I have the further honor to confirm that the foregoing understanding is shared by my Government and constitutes an integral part of the Agreement. Sincerely, CARLAA. HILLS THE UNITED STATES TRADE REPRESENTATIVE Executive Office of the President Washington, D.C. 20506 Washington, April 22, 1991. His Excellency Ognian Raytchev Pishev, Ambassador of the Republic of Bulgaria. Dear Mr. Ambassador: I have the honor to confirm receipt of your letter which reads as follows: Dear Madam Ambassador: In connection with the signing on this date of the Agreement on Trade Relations Between the Government of the United States of America and the Government of the Republic of Bulgaria (the "Agreement"). I have the honor to confirm the following understanding reached by our Governments: Financial Matters As part of its economic liberalization process, the Government of the Republic of Bulgaria intends to make its currency convertible as soon as possible. Until the Bulgarian currency becomes freely convertible, the Government of the Republic of Bulgaria, for purposes of this Agreement, will provide access to freely convertible currencies, including through auctions, on a most-favored-nation basis. Business Facilitation