The Acting Secretary of State to the Embassy in Brazil
963. Embtel 1124, Aug 18, 1947. Dept does not object in principle provisions on economic development and investment if Brazil desires them. Substance most Emb’s proposals generally in accord Dept’s views and with its proposals at Geneva. Some important changes required in substance, however, and proposals need correlation with [Page 436] commercial treaty articles and provisions ITO Charter. Improbable this work could be accomplished in time meet negotiation schedule related President Truman’s visit. Charter provisions on economic development approved Geneva not yet available Dept.
In view foregoing, Dept suggests emphasis upon reaching agreement on provisions previously submitted draft commercial treaty. In meantime Dept will undertake preparation provisions on economic development and investment suitable incorporation in treaty, and, if agreement is reached on remainder of treaty, will do utmost meet timing requirements negotiation. Emb requested communicate soonest Brazilian views on content proposed new chapter.
Dept assigns great importance early negotiation treaty friendship, commerce and navigation, and desires be informed soonest acceptability draft treaty to Brazilians.1
- The treaty in this form was not concluded. An exchange of notes supplementing the General Agreement on Tariffs and Trade of October 30, 1947, was effected on June 30, 1948. See Department of State Treaties and Other International Acts Series No. 1811.↩