Joint Export Import Agency
The Joint Export Import Agency (JEIA) was a foreign trade authority of the western occupation powers in Frankfurt am Main , which existed from 1946 to 1950. It was founded in 1946 with the Bevin - Byrnes Agreement to create the Bizone , headed by William John Logan and, from February 1950, by Morris S. Verner Jr.
Working group foreign trade
For the currency reform of 1948 in West Germany on May 1, 1948, the JEIA set the exchange rate at USD 1 for 3.33 marks. On September 19, 1949, the exchange rate was devalued to USD 1 for 4.20 German marks on the grounds of a devaluation of the British pound against the USD. West German companies that were able to prove damage through this devaluation were compensated according to an examination by the foreign trade working group . The trade contract office of the working group of the chambers of industry and commerce and the trade associations was headed by Ministerialdirigent Hans Koelfen, deputy head of Department II in the Reich Ministry of Economics .
literature
- Allied law . In: Der Spiegel . No. 10 , 1951 ( online - lawsuit brought by a German aggrieved company against the JEIA).
Individual evidence
- ^ William John Logan resigned as director general of the Joint Export-Import Agency after two-year service . (PDF; 1.1 MB) University of Wisconsin – Madison
- ↑ Emergency exit for the merchants . In: Der Spiegel . No. 41 , 1949 ( online ).
- ^ Rainer Achim Blasius, Daniel Kosthorst, Michael F. Feldkamp : Files on the foreign policy of the Federal Republic of Germany, 1949/50
- ^ Bernhard Löffler: Social market economy and administrative practice .