§ 64. Sir A. Gridleyasked the President of the Board of Trade what was the amount of the recent transfer made by the Argentine Government in part discharge of payments due for railway locomotives and other rolling stock, etc.; and whether such sum is transferred without exchange loss.
§ Mr. BottomleyI regret that the payment of a more substantial sum against these arrears which was recently promised by the Argentine Government has not yet been made. As the contracts in question are expressed in sterling, no question of exchange loss would arise. As I informed the hon. Member on 15th November, the many important issues, including this one, which have arisen under the Anglo-Argentine Trade Agreement are now being discussed with the Argentine Government.