Roca–Runciman Treaty

As a byproduct of Black Tuesday and the Wall Street crash of 1929, the United Kingdom, principal economic partner of Argentina in the 1920s and 1930s, took measures to protect the meat supply market in the Commonwealth.

At the Imperial Preference negotiations in Ottawa, bowing to pressure, mainly from Australia and South Africa, Britain decided to severely curtail imports of Argentine beef.

[3] The treaty ensured beef export quotas that were equivalent to the levels sold in 1932 (the lowest point in the Great Depression), strengthening the commercial ties between Argentina and Britain.

The treaty had strong political repercussions in Argentina later triggering a conflict from the denunciations of Senator Lisandro de la Torre.

[1] Source: Colin, Lewis – "Anglo-Argentine Trade 1945-1965"as quoted in "Argentina in the Twentieth Century" by David Rock (London 1975) pg 115