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No. 283
The Ambassador in the United Kingdom (Gifford) to the Department of State 1

top secret
niact

3865. Please make following changes in documents transmitted early today:

A. Arbitration agreement (message 2).

1.
Article 1(a) first sentence. Replace comma following first mention of “1952” by semi-colon. This part of sentence then reads “in 1952; provided that”, etc.
2.
Same reference. Replace “oil dispute” by “company case”.
3.
Article 1(b) last sentence. Alter punctuation so that sentence reads: “The tribunal shall take its decisions, and give its award, by a majority vote”.
4.
Article 8(1). Change “over a period” to “over such period”.
5.
Article 9. Change last sentence to read “Any balance remaining in the trust account after the discharge of the award shall be paid to the Government of Iran.”

B. Cover memo (message 3).

1.
Add heading at top “covering memo”.
2.
In second sentence first paragraph change “settlement of the dispute between” to “settlement of claims and counterclaims between”.

C. Exchange of letters (message 4).

1.
United Kingdom letter. Change “for the arbitration of the oil dispute” to “for arbitration in the oil dispute”.
2.
Iran letter, paragraph 1. Change “for the arbitration of the oil dispute” to “for arbitration in the oil dispute”.
3.
Iran letter, paragraph 2. Delete comma after “National Iran Oil Company for their part”.
4.
Iran letter, paragraph 2. Change “resumption of the flow of Iran oil and products” to “resumption of the flow of Iran oil and oil products”.
5.
Iran letter. Change heading from “Iran note” to “Iran letter”.

D. DMPA agreement (message 1).

1.
Paragraph 2. Change “will enter into negotiations with a company of an internatl character (hereinafter called the International Company) which would include AIOC and would be registered outside” to “will enter into negotiations with organization or company of an international character (hereinafter called the International Company) which would include the AIOC and would be constituted outside”.
2.
Paragraph 4. Change “shall be the US Gulf posted price” to “shall be the low of platts at the US Gulf”.
3.
Paragraph 4. Change “posted price or going price referred to above” to “posted price for crude or the low of platts for products referred to above.”

In transcribing texts of documents which British will sign, please retain British spelling forms.

Gifford
  1. Repeated to Tehran.