Argentina.

Oral Answers to Questions — Trade and Commerce – in the House of Commons at on 19 May 1936.

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Photo of Sir Cyril Cobb Sir Cyril Cobb , Fulham West

asked the President of the Board of Trade whether he will terminate the subsidies to Argentine agriculture conferred by the Roca Agreement, seeing that a revenue yield of less than 2 per cent. arises from the nominal amount of Anglo-Argentine investments, and that much of this yield fails to reach Great Britain as goods, services, or cash?

Photo of Mr Walter Runciman Mr Walter Runciman , St Ives

My hon. Friend is under a misapprehension. The Roca Agreement does not deal with subsidies to Argentine agriculture. The position of British companies is not being overlooked in the present discussions with the Argentine Government.