Full text of Marriner S. Eccles Papers : Joint Statement by the United States and the United Kingdom Regarding the Understanding Reached on Commercial Policy, Box 36, Folder 5, Item 8

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CONFIDENTIAL—HOLD FOR RELEASE AT 5:50 P.M., E. S. T. ,
THURSDAY, DECE*MBER 6. 1945

-1JOINT STATEMENT BY THE UNITED STATES AND THE UNITED
KINGDOM REGARDING THE UNDERSTANDING REACHED
ON COMMERCIAL POLICY
The Secretary of State of the United States has made
public today a document setting forth certain "Proposals
for Consideration by an International Conference on Trade
and Employment". These proposals have the endorsement of
the Executive branch of the Government of the United States
and have been submitted to other governments as a basis for
discussion preliminary to the holding of such a conference.
Equally, the Government of the United Kingdom is In
full agreement on all important points in these proposals
and accepts them as a basis for international discussion;
and it will, in common with the United States Government,
use its best endeavors to bring such discussions to a successful conclusion, in the light of the views expressed by
other countries.
The two Governments have also agreed upon the procedures for the international negotiation and implementation
of these proposals. To this end they have undertaken to
begin preliminary negotiations at an early date between
themselves and with other countries for the purpose of
developing concrete arrangements to carry out these proposals, including definitive measures for the relaxation
of trade barriers of all kinds.
These negotiations will relate to tariffs and preferences, quantitative restrictions, subsidies, State trading,
cartels, and other types of trade barriers treated in the
document published by the United States and referred to
above. The negotiations will proceed in accordance with
the principles laid down in that document.