686 FOREIGN ‘RELATIONS; 1950, VOLUME “I

up-to-date standard draft. Recently ‘there: have been’ indications .of
greater Egyptian. interest in the draft which that country now: has
under study, apparently because of its possible relation to Point Four
Jegislation; and there now appears to. be greater likelihood that. the
Egyptian government may-be persuaded. to enter into: negotiations
_on the basis of the draft. commercial treaty rather than the Egyptian
draft establishment. convention. A copy of the standard draft made
| available on an informal basis to’ an-officer-of the Israeli Embassy. is
believed to be under study by that government, although it. has not
indicated its attitude toward undertaking a. formal treaty project.
Since Israel appears. to be developing a relatively favorable attitude
toward foreign investment, however, it may be possible. to place the
pro} ject on a formal basis. Signature of the treaty. with Lebanon, which
is before the Lebanese Cabinet for study and final approval, is expected
in the near future. In view of unsettled political conditions: in. Syria,
no further action has been taken with: \ respect to the. Syrian. treaty
proj ject. |

 

Current Hoonamio Developments, 1 Lot 70467 - ; : Ses
| Extract From Bulletin No. O. 22%, , October 23, 1950.

CONFIDENTIAL | | gl | |

New Apraerp Drarr Coxnernorar TREATY

‘The draft “Treaty of “Amity and Economic Relations” recently
submitted to Ethiopia as a basis for negotiation is the first example

of our new and shortened commercial treaty draft. It is especially

designed for use in a limited number of countries, largely in the Near
East, which are not. sufficiently advanced. in governmental and eco-
nomic organization to-be ready for the full standard. treaty of Friend-
ship, Commerce and Navigation. This draft represents. an. effort. to
meet the negotiating need, encountered in such, countries, for. some-
thing less complex and more confined to fundamentals than the drafts
from which the recent Irish and Uruguayan treaties were derived.

By abridging or restating many provisions and by dropping certain
provisions of secondary consequences, the subject matter has. ‘been
reduced from 26 articles plus Protocol in the current. standard draft
to 13 articles of shorter average length, plus four new articles. The
new draft is about one-fifth the length of the so- called “long” draft
which was used in the negotiations with Italy and China immediately
following World War IT, and is less than half the length of the shorter
model used more recently i in negotiations with Ireland and. Uruguay.
In spite of its brevity, the draft. remains; with one possible exception,
the same as the standard in purpose. and primary. principles. This