HC Deb 10 November 1948 vol 457 cc185-6W
27. Mr. Teeling

asked the Secretary of State for Foreign Affairs whether his attention has been called to recent legislation in the Argentine Congress and Senate affecting companies with large British capital; whether, in view of the visit of the Argentine Foreign Secretary and the coming visit of Senator Miranda, he is discussing this matter with them; and whether he can assure the House that he is taking all possible steps to protect British interests in these companies.

Mr. Mayhew

I assume that the hon. Member is referring to recent Argentine legislation affecting the Buenos Aires Transport Corporation. Representations on this subject have already been made to the Argentine Government by His Majesty's Ambassador at Buenos Aires and my right hon. Friend also took advantage of the visit to this country of the Argentine Foreign Minister in order to emphasise the importance attached by His Majesty's Government to the payment of adequate compensation to the British shareholders of the Corporation.