Article 21

Paragraph 1:

Replace the words “payable over eight years” by the words “payable over six years”.

[Page 730]


Czechoslovakia proposes that the six years period imposed on Hungary in the Armistice Agreement for the payment of reparations should remain in force. Czechoslovakia concluded a bilateral agreement with Hungary on reparations payments on April 6, 1946 in which Hungary also accepted a period of six years.

Czechoslovakia does not rule out the possibility of a new settlement by bilateral agreement, but she maintains that the conditions laid down in a bilateral agreement cannot be altered to her disadvantage by a multilateral act.