HC Deb 19 May 1936 vol 312 cc976-7
10. Sir CYRIL COBB

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?

Mr. RUNCIMAN

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.