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5. The Annex to this Agreement forms an integral part thereof. 6. This Agreement shall be registered with the Secretary-General of the United Nations.

IN WITNESS WHEREOF the respective representatives, duly authorized for the purpose, have signed the present Agreement.

DONE at Athens, in duplicate, in the English and Greek languages, both texts authentic, this second day of July, 1948.

For the Government of the United States of America:

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1. It is understood that the requirements of paragraph 1(a) of Article II, relating to the adoption of measures for the efficient use of resources, would include, with respect to commodities furnished under the Agreement, effective measures for safeguarding such commodities and for preventing their diversion to illegal or irregular markets or channels of trade.

2. It is understood that the obligation under paragraph 1(c) of Article II to balance the budget as soon as practicable would not preclude deficits over a short period but would mean a budgetary policy involving the balancing of the budget in the long run.

3. It is understood that the business practices and business arrangements referred to in paragraph 3 of Article II mean:

(a) fixing prices, terms or conditions to be observed in dealing with others in the purchase, sale or lease of any product;

(b) excluding enterprises from, or allocating or dividing, any territorial market or field of business activity, or allocating customers, or fixing sales quotas or purchase quotas;

(c) discriminating against particular enterprises;

(d) limiting production or fixing production quotas;

(e) preventing by agreement the development or application of technology or invention whether patented or unpatented;

(f) extending the use of rights under patents, trade marks or copyrights granted by either country to matters which, according to its laws and regulations, are not within the scope of such grants, or to products or conditions of production, use or sale which are likewise not the subjects of such grants; and

(g) such other practices as the two Governments may agree to include.

4. It is understood that the Government of Greece is obligated to take action in particular instances in accordance with paragraph 3 of Article II only after appropriate investigation or examination.

5. It is understood that the phrase in Article V "after due regard for the reasonable requirements of Greece for domestic use" would include the maintenance of reasonable stocks of the materials concerned and that the phrase "commercial export" might include barter transactions. It is also understood that arrangements negotiated under Article V might appropriately include provision for consultation, in accordance with the principles of Article 32 of the Havana Charter for an International Trade Organization,17 in the event that stockpiles are liquidated.

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6. It is understood that the Government of Greece will not be requested, under paragraph 2(a) of Article VII, to furnish detailed information about minor projects or confidential commercial or technical information the disclosure of which would injure legitimate commercial interests.

7. It is understood that any agreements which might be arrived at pursuant to paragraph 2 of Article X would be subject to ratification by the Senate of the United States of America.

8. It is understood that if the Government of Greece should accept the compulsory jurisdiction of the International Court of Justice Article 36 of the Statute of the Court, on suitable terms and conditions, the two Governments will consult with a view to replacing the second sentence of paragraph 1 of Article X with provisions along the following lines: "It is understood that the undertaking of each Government in respect of claims espoused by the other Government pursuant to this paragraph is made in the case of each Government under the authority of and is limited by the terms and conditions of such effective recognition as it has heretofore given to the compulsory jurisdiction of the International Court of Justice under Article 36 of the Statute of the Court."

"Unperfected. Art. 32(3) of the Havana Charter reads as follows:

"Such Member shall, at the request of any Member which considers itself substantially interested, consult as to the best means of avoiding substantial injury to the economic interests of producers and consumers of the primary commodity in question. In cases where the interests of several Members might be substantially affected, the Organization may participate in the consultations, and the Member holding the stocks shall give due consideration to its recommendations."

No. 11

REDUCTION OF VISA FEES FOR

NONIMMIGRANTS

Exchange of notes at Athens January 7 and 29, 1949

Entered into force January 29, 1949; operative for Greece February 1, 1949, for the United States February 15, 1949

63 Stat. 2905; Treaties and Other International Acts Series 2144

The American Embassy to the Ministry for Foreign Affairs

The Embassy of the United States of America presents its compliments to the Royal Ministry of Foreign Affairs and has the honor to refer to its Note Verbale No. 1483 of December 13, 1948, and to the conversation held on October 23, 1948, between Mr. Nicholas Anissas, of the Ministry, and Mr. Oliver S. Crosby, of the Embassy, concerning the desirability of effecting a mutual reduction of certain non-immigrant passport visa fees and an extension of the period of validity of such visas.

The Embassy is pleased to report that on and after the fifteenth day of February, 1949, the Government of the United States will grant non-immigrant passport visas to qualified bearers of valid Greek passports at a fee of $5.00 for each visa granted (no fee will be charged for the execution of a non-immigrant passport visa application form), if the Government of Greece will accord a similar courtesy to American citizens in a like category desiring to enter Greece or its possessions.

The Ministry is advised further that the aforesaid non-immigrant visas shall be valid for any number of applications for admission into the United States and its possessions within a period of twenty-four (24) months, provided the passports of the bearers remain valid for that period. All other nonimmigrant passport visas (except diplomatic, official, and international organization visas, which are of course gratis), granted to qualified Greek nationals, will be at a fee of $5.00 and valid for any number of applications for admission into the United States during a period of twelve (12) months, provided the passports of the bearers remain valid for that period and provided the Greek Government will accord a similar courtesy to American citizens in a like category.

The period of validity of a visa relates only to the period within which it may be used in connection with an application for admission at a port of

entry into the United States and its possessions, and not to the length of stay in the United States which may be permitted the bearer after he is admitted. The period of time an alien may be permitted to stay in the United States is determined by the Immigration authorities at the time the alien is admitted.

It should be understood that a non-immigrant passport visa becomes invalid if the passport to which it is affixed expires prior to the normal expiry date of the visa. However, should the validity of the passport be extended prior to the expiry date, the visa remains valid for the period for which it was granted.

The fee for an immigration visa and application therefor, to permit an alien to apply for admission into the United States and its possessions with the privilege of residing permanently therein, is $10.00. The amount of this fee is prescribed by the Immigration Act of 1924,1 and it may not be changed on the basis of a reciprocal arrangement.

The Embassy of the United States of America avails itself of this occasion to renew to the Royal Ministry of Foreign Affairs the assurances of its highest consideration.

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The Royal Ministry of Foreign Affairs presents its compliments to the Embassy of the United States of America and has the honor to acknowledge receipt of its note No. 11 of the eleventh instant concerning the reduction and standardization of the visa fees to be collected by the American and Greek consular authorities.

In accordance with the agreement thus concluded, the Greek consular authorities will, beginning February 1, 1949, collect the following fees for visas on American passports:

143 Stat. 153.

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The Royal Ministry of Foreign Affairs avails itself of this occasion to renew to the Embassy of the United States of America the assurances of its highest consideration.

ATHENS, January 29, 1949

MINISTRY Of Foreign AFFAIRS

EMBASSY OF THE UNITED States of AMERICA

City

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