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localId
284840905
label
White House Press Release, Statement by President Harry S. Truman
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doc
dtoType
document
citationUrl
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1
Source metadata
id
284840905
contentType
document
title
White House Press Release, Statement by President Harry S. Truman
citationUrl
collections
White House Press Release Files (Truman Administration)
White House Press Releases
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1
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284840905
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item
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day
24
logicalDate
1948-03-24
month
3
year
1948
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description
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nara-archive
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1
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0
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photo
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10c41871f138e4c2
ocrText
101
IMMEDIATE RELEASE
March 24, 1948
STATEMENT BY THE PRESIDENT
I am deeply gratified that representatives of more than fifty
nations are signing today in Havana the Charter for the International Trade
Organization. This Charter will now be sent to the government of each
nation for ratification.
The Charter for the International Trade Organization is a code
of fair dealing in international trade. Member nations agree to work out
mutually beneficial employment policies and ways of promoting economic
development. The Charter provides for limitations upon cartels and defines
the proper scope of intergovernmental commodity agreements. It establishes
standards for the conduct of international trade. The Charter thus deals
comprehensively with economic problems which heretofore have been dealt
with piecemeal, if at all, in international agreements.
NARA
The Charter has immediate significance to the efforts of the
nations now working to repair the devastation and dislocation caused by
World War II. Acceptance of the Charter, in the spirit in which it has
been framed, will stimulate the expansion of international trade upon which
world prosperity depends. By supporting the growth of a prosperous inter-
national trade, this code of fair dealing will contribute greatly to our
efforts for a just and lasting peace.
The development of this Charter is an example of the finest type
of international cooperation. The action in Havana today marks the con-
clusion of one of the most difficult and important tasks ever undertaken
at international conferences.
This achievement demonstrates that many countries can work
together through the United Nations to reach sound agreement on complex
international issues.