STATEMENTS MADE BY MINISTER OF ECONOMY ARES

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R006100610007-4
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 2
• Document Creation Date: November 16, 2016
• Document Release Date: March 27, 2000
• Sequence Number: 7
• Publication Date: November 3, 1950
• Content Type: REPORT

~C,~ R ~ 5{ . a~ C SSIF1CAT ION , _ ;
Approved For Rel ` 00~D7t 5tMN( fiAF P82-0045 1 25X1 A
COUNTRY Argentina
CD N0.
DATE DISTR 3 T OV 50
INFORMATION REPORT
CONFIDENTIAL
SUBJECT Statements "ade by :"finis ter of Economy .?res NO. OF PAGES 2
PLACE 25X1A
ACQUIRED _
DATE OF
INFO.
25X1 X 1?
25X1X
NO, OF ENCLS.
(LISTED BELOW)
SUPPLEMENT TO
REPORT NO.
,lthough trade with Great Britain is at the present time at a standstill, '.res
is opt_'.ni.stic about future relations p=ith Great Britain, because he has received
that at last the =>ritish Government is
recognizing th._t its "proposals were not ethical" and that very soon the British
C-overnmert will offer higher p=rices for Igentine meat. It:Lly has been buying
large amounts of meat in .rgentina and, according to res, the rger:tine
Government does not care if Italy is reselling the meat to the United Kingdom.,
as Italy= is paying; good prices to Argentina
2. Prospects for an improvement in trade between Spain and :rgenf,ina are quite poor,
since ?'rgentina has been "let do,.-.n" by Spa l,n, according to ',res.
3~ Commercial relations with the United States are steadily improving. Argentina
has increased shipments of canned meat, hides and other products to the United
States to such an extent that the .rgentire Govern .ent h:_s been forced to cut
down on the exportation of these products in order to avoid shortages in
Argentina of those products used for internal consusiption. ccording to ;.:es,
United States Secretary of Co.aaerce Sawyer will visit :rgentirla next month to
"complete some pending
negotiations."
4? Business with Chile is very had at the present time and res estimates that
Chile owes _.rgentina ap-roxi,iately US.'20,O001O009 :res believes that the Chile=an
Government is trying to cut down this debt by increasing; ship::-eats of copper and
other products to .rgentina. Ho; ever, this effort is not meeting with success
because the copper mines are not owned by the Chilean Govern:,ento*
Argentine is going to improve its commercial relations with sereral Latin ~nerican
countries within the next five months
6. The :rgentine Government is continuing to purchase all the essential materials
it can in foreign m^ ,r;Lets so that it will be fully prepared ti. ,en .,orid -..ar III
5rea:s out.
CONFIDENTI
CLASSIFICATION .- ;'m: a
Approved For Release 2000/05/18 : CIA-RD 82 00457k 00610061Ono
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the rgentine peso :NV be further devaluated in the
Co_afnent. The inference as that the :,,rocs owned by the United States
were not coli aboratirig the Chilean Govern.. Ent in this res,,)ect.,
CpNYIDENTIAL
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Approved For Release 2000/05/18 : CIA-RDP82-00457R006100610007-4