832.5151/463a

The Department of State to the Brazilian Embassy

Memorandum

This Government understands from the statements made by the Brazilian Ambassador in informal conversations with the Department of State that it is the hope and intention of the Brazilian Government to proceed as rapidly as the difficulties of the problem permit with the gradual relinquishment of exchange control. It will be the hope of the Government of the United States that, upon the satisfactory conclusion of the present negotiations, the Government of Brazil will be willing, by means of a note addressed to the Government of the United States, to indicate its intentions in this regard.