An elaboration of the United States оЕР STATI DEPOSITED BY THE UNITED STATES OF AMERICA 9-23-46 Foreword In December 1945 the Government of the United States pub and transmitted to other governments for their consideration a ment entitled Proposals for Expansion of World Trade and En ment. These Proposals put forward the idea that there should be lished an International Trade Organization of the United N the members of which would agree to conduct their commercia tions in accordance with rules to be set forth in the Charter Organization. The Proposals contained suggestions for rules t ern trade barriers, restrictive business practices, intergoverni commodity arrangements, and the international aspects of do employment policies and outlined a suggested structure for the national Trade Organization itself. The governments of other countries have expressed their general agreement with suggestions. In February 1946 the Economic and Social Council of the Nations, at its first meeting, adopted a resolution calling for an national conference on trade and employment to consider the c of an International Trade Organization. It also established paratory Committee of 19 countries to arrange for the conferer to prepare a draft Charter for such an Organization. The P, tory Committee is to meet in London in the fall of 1946. In preparation for the conference, the Government of the States has prepared an elaboration of its Proposals in the f a suggested Charter for the International Trade Organization. of the suggested Charter have been transmitted to the Secreta eral of the United Nations and to the other governments nai the Economic and Social Council to serve on the Prep Committee. The suggested Charter is the work of many persons of com and experience in the departments and agencies of the United Government. It is put forward, however, as a basis for discuss not as a document expressing the fixed or final views of this ment. The draft should clarify possible obscurities and rem misunderstandings to which the condensed language of the Pr may have given rise. W. L. CLAYTON Under Secretary of for Economio Affa CHAPTER III. EMPLOYMENT PROVISIONS Article 3. Relation of employment to purposes of Organization . Article 4. General undertaking to promote full employment Article 5. Avoidance of certain employment measures Article 6. Consultation and exchange of information on matters relatin Article 7. Assignment of functions to Economic and Social Council CHAPTER IV. GENERAL COMMERCIAL POLICY SECTION A. GENERAL COMMERCIAL PROVISIONS Article 8. General most-favored-nation treatment . Article 9. National treatment on internal taxation and regulation Article 10. Freedom of transit . Article 11. Antidumping and countervailing duties Article 12. Tariff valuation . Article 13. Customs formalities . Article 15. Publication and administration of trade regulations-advan notice of restrictive regulations . Article 16. Information, statistics and trade terminology SECTION B. TARIFFS AND TARIFF PREFERENCES Article 18. Reduction of tariffs and elimination of preferences SECTION C. QUANTITATIVE RESTRICTIONS Article 19. General elimination of quantitative restrictions . -Article 20. Restrictions to restore equilibrium in the balance of payment Article 21. Nondiscriminatory administration of quantitative restri Article 22. Exceptions from rule of nondiscrimination Article 23. Elimination of exchange restrictions in relation to current coi modity transactions . Article 24. Nondiscriminatory administration of exchange restrictions . . |