Page:United States Statutes at Large Volume 61 Part 5.djvu/67

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [61 STAT. PART III Article XXIV Territorial Application - Frontier Traffic - Customs Unions 1. The rights and obligations arising under this Agreement shall be deemed to be in force between each and every territory which is a separate customs territory and in respect of which this Agree- ment has been accepted under Article XXVI or is being applied under the Protocol of Provisional Application. I'] 2. The provisions of this Agreement shall not be construed to prevent: (a) advantages accorded by any contracting party to adjacent countries in order to facilitate frontier traffic; (b) the formation of a customs union or the adoption of an interim agreement necessary for the attainment of a customs union; Provided that the duties and other regulations of commerce imposed by, or any margin of preference maintained by, any such union or agreement in respect of trade with other contracting parties shall not on the whole be higher or more stringent than the average level of the duties and regulations of commerce or margins of preference applicable in the con- stituent territories prior to the formation of such union or the adoption of such agreement; and Provided further that any such interim agreement shall include a definite plan and schedule for the attainment of such a customs union within a reasonable length of time. 3. (a) Any contracting party proposing to enter into a customs union shall consult with the CONTRACTING PARTIES and shall make available to them such information regarding the proposed union as will enable them to make such reports and recommendations to contracting parties as may be deemed appropriate. 1[61Stat., Pt. 6,p. A 20 5 1 .]