§ 54. Mr. Allasonasked the Secretary of State for Foreign Affairs whether he is 15W aware that, in spite of the recent devaluation, the Argentine authorities are still refusing the remittance of dividends of small private investors to this country; and whether he will now make representations to the Argentine Government on this matter.
§ Mr. George ThomsonI am aware that the delays in the approval by the Argentine authorities of remittances of foreign currency payments, including dividends, of which I informed the hon. Gentleman on 1st March, have persisted.
An Argentine Mission is at present visiting capitals of creditor countries and having discussions with financial institutions with a view to seeking relief for Argentina's foreign obligations. In this context the problem of remittances will be discussed and I do not think it would help at present to make separate formal representations to the Argentine Government.