Press Release, Proclamation 2895

255 S - #2434 IMMEDIATE RELEASE June 19, 1950 at and of moltoba antbuloni ond bris dos 20 I moltosa vd 3.3 od to ENCI 5 am/t TERMINATING CERTAIN TRADE AGREEMENT 10 81 PROCLAMATIONS AND SUPPLEMENTING PROSLAMATION vd bas bros OIN NO. 2888 OF MAY 13, 1950 .no eles Euse 1o 306 anolfoos vd to realotoxe ard obext odd to E bise ond BY THE PRESIDENT OF THE UNITED STATES OF AMERICA l' otal I axsoy -POTSA ort atok PROCLAMATION bris end to to 10 NHEREAS, under the authority vested in him by section 350(a) of the Tariff Act of 1930, as amended by the act of June 12, 1934, entitled "An Act to amend the Tari: Act of 1930" (48 Stat. 943), the President of the United States of America entered into the following-destribed trade agreements: 03 aler (a) Agreement with the President of the Republic of Finland entered into on May 18, 1936 (50 Stat. (pt. 2) 1436) , proclaimed by the Presidenti on October 3, 1936 (50 Stat. (pt. 2) 1437); ever (b) Agreement with the Republic of Nicaragua entered into on March 11, 1936 (50 Stat. (pt. 2) 1414) , proclaimed by the President on September 1, 1936 (50 Stat. (pt. 2) 1413) , which proclamation was terminated in part by a proclamation by the President of February 8, 1938 (52 Stat. 1486) and (c) Agreement with His lajesty the King of Sweden entered into on May 25, 1935 (49 Stat. (pt. 2) 3756) , proclaimed by the President on July 8, 1935 (49 Stat. (pt. 2) 3755) Think NARA CHEREAS the Government of the United States has agreed with the Governments of the Republic of Finland and the Republic of Nicaragua that the said trade agreements with the Republic of Finland and the Republic of Nicaragua specified in paragraphs (a) and (b) of the first recital of this proclamation shall terminate (1) when each country becomes a contracting party to the General Agreement on Tariffs and Trade as defined in Article XXXII thereof and (2) in the case of the Republic of Finländ, when all the concessions which were initially negotiated with Finland contained in Schedule XX of Annex A to the Annecy Protocolyof~Terms Accession to the General Agreement on Tariffs and Trade I' 10 3. HHEREAS, the Government of the United States has agreed with the Government of the Kingdom of Sweden that the said trade agree- ment proclaimed bv. the President on July 8, 1935, specified in paragraph (c) of the first recital of this proclamation, shall be terminated after June 30, 1950; on at WHEREAS, as indicated in the seventh recital of Proclamation No. 2888 (15 F.R. 3043) of May 13, 1950, the Republic of Finland and the Republic of Nicaragua became contracting parties to the General Agree- ment on Tariffs and Trade on May 25, 1950, and May 28, 1950, respectively; 5. WHEREAS all the tariff concessions initially negotiated with the Republic of Finland contained in Schedule XX of Annex A to the Annecy Protocol of Terms of Accession entered into force on May 25, 1950; 6. HEREAS the said section 350 5(a) of the Tariff Act of 1930, as amended, authorizes the President to terminate any proclamation carry- ing out a trade agreement entered into under such section: foorg to bita erld disq at e.sw bas baolo ent to as ESM n. yderred al 888I ,8 ,ozes voll (OVER)