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[Enclosure—Translation]
Rumanian Draft for a Provisional Commercial
Agreement
His Majesty the King of Rumania and the President of the United
States of America, animated by the same desire to consolidate and
develop the economic relations between their two countries, have
resolved to conclude a commercial agreement and for that purpose
have named as their Plenipotentiaries:
His Majesty the King of Rumania,
The President of the United States of America,
Who, having communicated to each other their respective full power,
found to be in good and due form, have agreed as follows:
Article I
The Nationals and enterprises having juridical personality of each of
the two countries shall enjoy on the territory of the other for
their persons and for their property the most-favored-nation
treatment in everything concerning their establishment, exercise of
their commerce or industry, as well as concerning imposts and other
taxes.
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The natural or manufactured products of each of the two countries in
everything concerning importation, exportation, warehousing,
transportation, transit, and, in general, all sorts of commercial
operations, as well as ships, in everything concerning navigation in
the waters and ports of the other country, shall also enjoy the
treatment accorded to the most favored Nations.
Consequently each of the two high contracting parties agrees to
extend to the other, immediately and without compensation, every
privilege or decrease in rates which it has already extended, or
shall in future be extended, in any of the respects mentioned, to
any third power.
Article II
The most-favored-nation treatment shall apply also to the amount, the
guarantee and the imposition of import and other duties as well as
to customs formalities and to their application, to procedure, to
conditions of customs and other duties, to the classification of
merchandise, to the interpretation of customs tariffs and to the
methods of classification of merchandise.
Article III
The High Contracting Parties will reciprocally grant the
most-favored-nation treatment in the matter of prohibitions and
restrictions of imports and exports.
Article IV
The most-favored-nation treatment is not applicable in cases of:
- (a)
- Special favors which have been, or shall be, granted to
bordering countries to facilitate frontier traffic;
- (b)
- The special class of imports intended to facilitate the
financial settlements arising from the war of
1914–1918;
- (c)
- The rights and privileges granted or which may be granted
in the future to one or several bordering countries for the
purpose of conclusion of an economic entente or of a customs
union;
- (d)
- The rights and privileges which may be granted in the
future by one of the Contracting Parties, to a third State,
under multilateral conditions, in which the other Party does
not participate, and if these rights and privileges are
stipulated in multilateral conventions of general
application, concluded under the auspices of the League of
Nations, registered there and open to the adhesion of other
Nations: if these rights and privileges are only stipulated
in these conventions, and when the benefits assure to the
other Contracting Party new advantages; if finally the other
Contracting Party does not grant reciprocity.
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Article V
The present agreement shall enter into force on September 1, 1930,
and shall remain in force until March 1, 1931.
In faith thereof, the Plenipotentiaries of the two Contracting
Parties have signed the present agreement and affixed their
seals.
