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269702618
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Memorandum from Robert Lovett to President Harry S. Truman
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doc
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document
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1
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id
269702618
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document
title
Memorandum from Robert Lovett to President Harry S. Truman
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President's Secretary's Files (Truman Administration)
Subject Files
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269702618
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29
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1948-01-29
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1
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1948
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nara-archive
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photo
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1760ecc5ca952a93
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DEPARTMENT OF STATE
WASHINGTON
January 29, 1948
MEMORANDUM FOR THE PRESIDENT
Subject: Signature of Treaty of Friendship,
Commerce and Navigation between the
United States and Italy
Negotiations begun in Rome September 16 have now
reached fruition in agreement upon the articles of a
comprehensive treaty of friendship, commerce and navi-
gation. Ambassador Dunn has tentatively arranged with
the Italian Foreign Office for signature of the treaty
on February 2.
This treaty replaces the treaty of friendship,
commerce and navigation concluded with Italy in 1871,
following the completion of the unification of that
country The former treaty was terminated December 15,
1937, by mutual agreement, but efforts to work out a
more modern and comprehensi ve treaty at that time proved
unsuccessful.
The present treaty, based in general upon the
principle of mutuality, establishes standards to govern
relations between the two countries in many fields of
activity. It includes articles relating to the status
and activities of persons and corporations, protection
of persons and property, landholding, freedom of infor-
mation, treatment of vessels, commercial principles
comparable with those in the proposed Charter for an
International Trade Organization, and provisions con-
cerning such matters as exchange control, transit,
industrial property, et cetera.
The signature of this treaty will mark an important
stage in the re-establishment of Italy's normal peace-
time international relations, and, when ratified by the
two Governments, it will establish especially liberal
principles to govern relations between the two countries
with respect to the matters with which it deals.
Branthat