HC Deb 18 November 1936 vol 317 cc1801-2W

asked the Secretary of State for Foreign Affairs whether, in view of the fact that the revenue of the Peruvian Government has increased by over 50 per cent. since 1932, and that Peru had a surplus of exports of over 120 million soles in 1935, before ratifying the trade agreement, he will impress on the Peruvian Government the necessity of coming to a settlement with their bondholders in this country?


During the negotiations for the recently concluded commercial agreement with Peru, the attention of the Peruvian delegates and of the Peruvian Government was drawn both by His Majesty's Government and by representatives of the British bondholders to the desirability of renewing the service on the Peruvian debt. His Majesty's Government will continue to give all possible support in the matter to the bondholders' recognised representatives.

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