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Summary of Meeting of Foreign Ministers Monday Morning, July 23, 1945 1. Reparations by Germany, Austria and Italy. Discussion of this question was postponed in order to enable the Economic Subcommittee to study two new papers on the subject presented by the Soviet Delegation. 2. German Economic Questions. The Soviet objected to paragraph 18 of the proposed agreement on economic principles, stating that each occupation zone should so far as practicable draw its supplies from the areas in Germany from which it had drawn before the war. It was agreed that this question should be referred to the Heads of Governments. The Soviet Delegation presented a draft of a new paragraph 19 dealing with comparative priority between reparations and exports from Germany in payment of imports. Since no agreement could be reached on this question it was also referred to the Heads of Governments. S. 3. Council of Foreign Ministers. U.S. AND COVERWMENT The revised text on this subject was given final approval. 4. Trusteeship. It was agreed that the disposition of the Italian colonies would be discussed by the Council of Foreign Ministers in connec- tion with the negotiation of the peace settlement with Italy. 5. Directive to Military Commanders in Germany, A subcommittee was named to prepare directives to the respec- tive military commanders in Germany embodying the decisions of this conference and to make recommendations as to the manner of consult- ing the French in regard thereto. 6. Cooperation in Solving Immediate European Economic Problems. A subcommittee was named to deal with this problem. 7. Iran

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