The following Protocol has been approved:
Conversations between the Heads of the Three Governments at the Crimea Conference on the Question of Reparation in Kind from Germany
The Heads of the three Governments have agreed as follows:—
1. Germany must pay in kind for the losses caused by her to the Allied nations in the course of the war. Reparations are to be received in the first instance by those countries which have borne the main burden of the war, have suffered the heaviest losses and have organised victory over the enemy.
2. Reparation in kind is to be exacted from Germany in three following forms:
(a) Removals within two years from the surrender of Germany or the cessation of organised resistance from the national wealth of Germany located on the territory of Germany herself as well as outside her territory (equipment, machine-tools, ships, rolling-stock, German investments abroad, shares of industrial, transport and other enterprises in Germany &c.), these removals to be carried out chiefly for purpose of destroying the war potential of Germany.
(b) Annual deliveries of goods from current production for a period to be fixed.
(c) Use of German labour.
3. For the working out on the above principles of a detailed plan for exaction of reparation from Germany an Allied Reparation Commission will be set up in Moscow. It will consist of three representatives—one from the Union of Soviet Socialist Republics, one from the United Kingdom and one from the United States of America.
4. With regard to the fixing of the total sum of the reparation as well as the distribution of it among the countries which suffered from the German aggression the Soviet and American delegations agreed as follows:
The Moscow Reparation Commission should take in its initial studies as a basis for discussion the suggestion of the Soviet Government that the total sum of the reparation in accordance with the points (a) and (b) of the paragraph 2 should be 20 billion dollars and that 50 percent of it should go to the Union of Soviet Socialist Republics.