It gave the Federal Republic conditional sovereignty and admitted it into the Marshall Plan organization as an equal partner.
The Allies retained the right to keep occupational forces in the country and complete control over disarmament, demilitarization, related fields of scientific research, war reparations, the Ruhr, decartelization, foreign trade, the level of industrial production, displaced persons and refugees, protection, prestige and security of the occupying forces, foreign affairs, and foreign trade and exchange.
[2] The Allies' representatives asked the Parliamentary council, which was in the process of drafting the Basic Law, to accept the statute.
In that same year the Americans, British, and French agreed to a revision of the Occupation Statute that substantially increased the internal authority of the Federal Republic.
In 1955 West Germany became a full member of the North Atlantic Treaty Organization (NATO) and gained sovereignty over its foreign relations as the Occupation Statute expired.