811.20 Defense(M)Peru/498: Telegram
The Ambassador in Peru (Norweb) to the Secretary of State
[Received 1:34 p.m.]
154. Reference Department’s telegram no. 104, January 29, 10 p.m., regarding paragraph 3 of the proposed Over-all Metals and Minerals Agreement. A representative of the Embassy has been present in all recent discussions. I personally have taken the matter up with the Minister of Finance46 on the last two occasions.
Article 3 is regarded as desirable from the viewpoint of the United States but the Finance Minister has informed me it is unacceptable to [Page 736] Peru since he cannot make any commitment about future tax policy. However the Minister is studying the matter and has promised a memorandum next week.
Full details are reported in despatch no. 5,985 of January 30.47