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183567971
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Report, Appendix A, Annex 2 to Council of Foreign Ministers Report 3, Draft Proposal for Submission to the Council of Foreign Ministers on Post-Surrender Foreign Acquisitions in Germany
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doc
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183567971
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document
title
Report, Appendix A, Annex 2 to Council of Foreign Ministers Report 3, Draft Proposal for Submission to the Council of Foreign Ministers on Post-Surrender Foreign Acquisitions in Germany
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President's Secretary's Files (Truman Administration)
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183567971
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1947-11-01
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11
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1947
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98ad02e7e0050563
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C.F.M.3 Appendix A Annez 2 Draft Proposal for Submission to the Council of Foreign Ministera on PosteSurrender Forsign Acquisitions in Germany The United States Delegation proposca that the following policies be presently agreed by the Council of Forsign Ministers and forwarded to the Allied Control Council for implementation 1. Acquisitions by non-Germans of interests in enterprises and property in Germany which have been attempted between the date of this agresment and May 6, 1945 shall be subject to s. quadripartite review. 0 is BERVICE* 2. Now acquisitions by non-Germans since May 8, 1945 shall be disapproved if: (a) they result from transactions involving the intervention of the Occupying Powers, respectively, or their agents. (b) they result from any other transactions, 8x= cept those involving (1) new investments in foreign ex- change or imported goods approved by the Control Gouncil; succession (ii) testamentary or intestato/or (iii) purchases made by non-Germans to regain former positions in permitted in- dustries where such positions have been diminished or ex- tinguished by loss or damage arising out of the war or subsequent capital removals. 3. A moratorium on acquisitions by non-Germans embodying the principles of 2, abovs, shall be maintained by the four powers pending the coming into force of a Troaty of Peace with Germany or such other agreement &S shall provide for the powers and re- sponsibilities of German governmental authorities with respect to forsign investments in Germany.