INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [56 STAT. Socialist Republics full cognizance shall be taken of all property, services, information, facilities, or other benefits or considerations pro- vided by the Government of the Union of Soviet Socialist Republics subsequent to March 11, 1941, and accepted or acknowledged by the President on behalf of the United States of America. ARTICLE VII Terms and condi- In the final determination of the benefits to be provided to the tionsobenefits. United States of America by the Government of the Union of Soviet Socialist Republics in return for aid furnished under the Act of Con- gress of March 11, 1941, the terms and conditions thereof shall be such as not to burden commerce between the two countries, but to promote mutually advantageous economic relations between them and the betterment of world-wide economic relations. To that end, they shall include provision for agreed action by the United States of America and the Union of Soviet Socialist Republics, open to participation by all other countries of like mind, directed to the ex- pansion, by appropriate international and domestic measures, of production, employment, and the exchange and consumption of goods, which are the material foundations of the liberty and welfare of all peoples; to the elimination of all forms of discriminatory treat- ment in international commerce, and to the reduction of tariffs and other trade barriers; and, in general, to the attainment of all the economic objectives set forth in the Joint Declaration made on 55Stat.160a. August 14, 1941, by the President of the United States of America and the Prime Minister of the United Kingdom, the basic principles of which were adhered to by the Government of the Union of Soviet Socialist Republics on September 24, 1941. At an early convenient date, conversations shall be begun between the two Governments with a view to determining, in the light of governing economic conditions, the best means of attaining the above-stated objectives by their own agreed action and of seeking the agreed action of other like-minded Governments. ARTICLE VIII oEnfectivedate;dura- This Agreement shall take effect as from this day's date. It shall continue in force until a date to be agreed upon by the two Govern- ments. Signed and sealed at Washington in duplicate this eleventh day of June, 1942. FOR THE GOVERNMENT OF THE UNITED STATES OF AMERICA: CORDELL HULL [SEAL] Secretary of State of the United States of America FOR THE GOVERNMENT OF THE UNION OF SOVIET SOCIALIST REPUBLICS: MAXIM LITVINOFF [SEAL] Ambassador of the Union of Soviet Socialist Republics at Washington 1502
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