(4) The principle of reliance upon international cooperation and conciliation for the prevention and pacific settlement of controversies and for improvement of international conditions by peaceful methods and processes.
The Government of Japan and the Government of the United States have agreed that toward eliminating chronic political instability, preventing recurrent economic collapse, and providing a basis for peace, they will actively support and practically apply the following principles in their economic relations with each other and with other nations and peoples:
(1) The principle of non-discrimination in international commercial relations.
(2) The principle of international economic cooperation and abolition of extreme nationalism as expressed in excessive trade restrictions.
(3) The principle of non-discriminatory access by all nations to raw material supplies.
(4) The principle of full protection of the interests of consuming countries and populations as regards the operation of international commodity agreements.
(5) The principle of establishment of such institutions and arrangements of international finances as may lend aid to the essential enterprises and the continuous development of all countries and may permit payments through processes of trade consonant with the welfare of all countries.
