Page:United States Statutes at Large Volume 105 Part 3.djvu/777

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PROCLAMATION 6320—AUG. 2, 1991 105 STAT. 2661 I have the further honor to propose that this understanding be treated as an integral part of the Agreement. I would be grateful if you would confirm that this understanding is shared by your Government. Sincerely, ROBERT A. M08BACHER, Secretary of Commerce, United States of America. The Honorable Yuri N. Chumakov, Deputy Minister of Foreign Economic Relations Union of Soviet Socialist Republics Washington, June 1, 1990. Dear Mr. Deputy Minister: In connection with the signing on this date of the Agreement on Trade Relations Between the United States of America and the Union of Soviet Socialist Republics (the "Agreement"), I have the honor to confirm the understanding reached by our Governments as follows: With respect to paragraph 3 of Article VII of the Agreement, the Soviet Party will give favorable consideration to requests by nationals and companies of the United States to open and maintain deposit accounts in Soviet currency received in an authorized manner and to use such currency for local expenses in accordance with permission granted. Such permission shall remain in force irrespective of possible future Soviet laws and regulations which would restrict conditions of the holding, use or deposit of Soviet currency by foreign nationals or companies. I have the further honor to propose that this understanding be treated as an integral part of the Agreement. I would be grateful if you woiild confirm that this understanding is shared by your Government. Sincerely, CARLA A. HILLS, United States Trade Representative. - The Honorable Yuri N. Chimiakov, Deputy Minister of Foreign Economic Relations Union of Soviet Socialist Republics Washington, June 1, 1990. Dear Mr. Deputy Minister: In connection with the signing on this date of the Agreement on Trade Relations between the United States of America and the Union of Soviet Socialist Republics (the "Agreement"), I have the honor to confirm the understanding reached by our Governments as follows: 1. The Government of the United States will, during 1990, request that the United States Congress repeal the prohibition on the importation into the United States of gold coins from the Soviet Union and will take all possible measures to ensure the repeal of this prohibition by December 31, 1991. 2. Until such time as the prohibition is repealed, paragraphs 1, 2 and 3 of Article I of the Agreement shall not apply to the importation into the United States of America of gold coins.