4142 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [61 STAT. to renew its approval of that of the IATA traffic conference machinery relevant to this Section. Prevention of unfair f) In the event that power is conferred by law upon the or uneconomic rates. aeronautical authorities of the United States to fix fair and economic rates for the transport of persons and property by air on international services and to suspend proposed rates in a manner comparable to that in which the Civil Aeronautics Board at present is empowered to act with respect to such rates for the transport of persons and property by air within the United States, each of the Contracting Parties shall thereafter exercise its authority in such manner as to prevent any ra- te or rates proposed by one of its carriers of services from the terri tory of one Contracting Party to a point or points in the territory of the other Contracting Party from becoming effective, if in the Judge - ment of the aeronautical authorities of the Contracting Party whose air carrier or carriers is or are proposing such rate, that rate is un fair or uneconomic. Noticeofdissatisfao If one of the Contracting Parties on receipt of the tion with proposed rate notification referred to in paragraph (c) above is disatisfied with the rate proposed by the air carrier or carriers of the other Contracting Party, it shall so notify the other Contracting Party prior to the ex- piry of the first fifteen of the thirty days referred, to, and the Con tracting Parties shall endeavour to reach agreement on the appropriate rate. In the event that such agreement is reached, each Cog traoting Party will exercise its best efforts to put such rate into et feot as regards its air carrier or air carriers. Rateeffectiveprovi. It agreement has not been reached at the end of the thirty day period referred to in paragraph (a) above, the proposed ra- te ay, unless the aeronautical authorities of the country of the air carrier concerned see fit to suspend its application, go into effect
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