HL Deb 20 April 1943 vol 127 cc303-4WA

asked His Majesty's Government whether they will give the available information as to the amount of British capital loaned, outstanding and not yet repaid in the form of investments in the Argentine, and what is estimated to be the aggregate current rate of interest returned, accruing and remitted or blocked on these investments.


No official estimate is available, but Lord Kindersley's survey as at the end of 1936 gave the total of the nominal capital in British ownership in Argentina quoted on the Stock Exchange as £372,000,000. As to receipts on this investment, the service of the Public Debt has always been maintained. No official estimate is available of the rate of interest earned or remitted on the rest of the British capital invested. I am not aware that any funds due to this country are blocked in Argentina.

House adjourned.