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Buenos Aires Tramways Corporation

Volume 465: debated on Wednesday 1 June 1949

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asked the Secretary of State for Foreign Affairs whether, in view of the recent developments concerning the Anglo-Argentine Trade Agreement, he will now make a statement concerning his future action for compensation for the British shareholders in the Buenos Aires Tramways Corporation.

As the hon. Member is aware, the commercial negotiations between this country and the Argentine Republic are not completed yet although agreement in principle has been reached. At a meeting yesterday of the Argentine National Economic Council, His Majesty's Ambassador was assured by the competent Minister that they would make arrangements for direct discussions on this subject with representatives of the British companies concerned.