Skip to main content

Roca-Runciman Pact (1933)

Roca-Runciman Pact (1933)

The Roca-Runciman Pact (1933) was an Anglo-Argentine trade agreement that gave Britain sweeping concessions. Since 1825 Anglo-Argentine trade had been conducted on the most-favored-nation principle, except for a brief suspension during World War I (1914–1918) and an increasing number of sometimes successful attempts at circumvention from the late 1920s. The Argentine leadership feared that the rise of British imperial preference implied the reduction if not abolition of Anglo-Argentine trade. Britain's government, in contrast, saw it as a means to deal with Argentina more harshly by buying less Argentine farm produce and selling more British manufactured goods to help British industry out of the depression. The negotiations for Argentina were conducted by Vice President Julio A. Roca, Ángel Cárcano, and Raúl Prebisch. The British were led by Walter Runciman, the president of the Board of Trade. Meat and foreign-exchange issues were dealt with in London and Argentine tariff policy in Buenos Aires. The outcome was judged so unfavorable to Argentina that the pact, which some argued was a failure, has generated fierce controversy ever since.

See alsoBritish-Latin American Relations .


Fodor, Jorge G., and Arturo A. O'Connell. "La Argentina y la economía atlántica en la primera mitad del siglo XX." Desarrollo económico 49 (April-June, 1973)

Gravil, Roger. The Anglo-Argentine Connection, 1900–1939. Boulder: Westview Press, 1985.

Additional Bibliography

Mauro Pipino, Ovidio. Tratado Roca-Runciman y el desarrollo industrial en la década del treinta. Buenos Aires: Editorial Galerna, 1988.

                                       Roger Gravil

Cite this article
Pick a style below, and copy the text for your bibliography.

  • MLA
  • Chicago
  • APA

"Roca-Runciman Pact (1933)." Encyclopedia of Latin American History and Culture. . 21 Jan. 2019 <>.

"Roca-Runciman Pact (1933)." Encyclopedia of Latin American History and Culture. . (January 21, 2019).

"Roca-Runciman Pact (1933)." Encyclopedia of Latin American History and Culture. . Retrieved January 21, 2019 from

Learn more about citation styles

Citation styles gives you the ability to cite reference entries and articles according to common styles from the Modern Language Association (MLA), The Chicago Manual of Style, and the American Psychological Association (APA).

Within the “Cite this article” tool, pick a style to see how all available information looks when formatted according to that style. Then, copy and paste the text into your bibliography or works cited list.

Because each style has its own formatting nuances that evolve over time and not all information is available for every reference entry or article, cannot guarantee each citation it generates. Therefore, it’s best to use citations as a starting point before checking the style against your school or publication’s requirements and the most-recent information available at these sites:

Modern Language Association

The Chicago Manual of Style

American Psychological Association

  • Most online reference entries and articles do not have page numbers. Therefore, that information is unavailable for most content. However, the date of retrieval is often important. Refer to each style’s convention regarding the best way to format page numbers and retrieval dates.
  • In addition to the MLA, Chicago, and APA styles, your school, university, publication, or institution may have its own requirements for citations. Therefore, be sure to refer to those guidelines when editing your bibliography or works cited list.