Falkland Islands Referendum Debate
Full Debate: Read Full DebateHenry Smith
Main Page: Henry Smith (Conservative - Crawley)Department Debates - View all Henry Smith's debates with the Foreign, Commonwealth & Development Office
(11 years, 9 months ago)
Commons ChamberWhile we would all support President Obama, he seems to be acquiring some splinters by sitting on the fence for so long. The United States’ position is surely hypocritical, given that it uses and benefits from bases in British overseas territories such as Cyprus, Diego Garcia, Ascension and Gibraltar when it suits them. Because it does not use the Falkland Islands for those purposes, however, it is not so supportive of, or enthusiastic about, our claims and those of the Falkland islanders.
I also congratulate my hon. Friend on securing this timely and important debate. I agree that the United States is being hypocritical in its approach to recognising the Falkland Islands’ sovereignty. However, we also need to pay tribute to Washington for recently refusing to agree to any more International Monetary Fund or World Bank loans to Buenos Aires—as have the British Government—because of the way in which Argentina has massively defaulted on previous loans.
The status of the World Bank loans and the international aid that was or was not going to Argentina over the last few years is indeed a matter of great regret and concern.
The reality is that a blockade of protectionism and intimidation is taking place around the Falkland Islands. We have seen actions ranging from preventing the use of the Falkland Islands flag and disrupting shipping, as my hon. Friend made clear, to ongoing organisational protectionism. Do we really, in 2013, have large countries blocking free trade in that way?
Does my hon. Friend also agree that it is anathema that Argentina is a member of the G20?
Given the state of Argentina’s finances and the insanity of its current financial situation, with inflation in excess of 25%, Argentina is hardly sending out any great lessons of financial propriety.