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Documents on Canadian External Relations
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Volume #14 - 1056. | |
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CHAPTER XII EUROPE, THE SOVIET UNION AND THE MIDDLE EAST | |
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PART
2 FINLAND | |
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1056. |
DEA/8508-40 |
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Extract from Minutes of Meeting of Heads of Divisions | |
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SECRET |
Ottawa,
February 3rd, 1948 |
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PETSAMO NICKEL MINES | |
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13. Mr. Reid said that, at the request of the International Nickel Company of Canada, the Department had approached the British Minister in Helsinki with the request that he discuss with the Company's counsel there whether and in what way the Canadian Government might give diplomatic support to the International Nickel Company in its claim to priority in repayment of debts owed to it by the Petsamo Nickel Company over the claim of the Finnish Government. The British Minister has now replied that both he and the International Nickel Company's counsel consider that the claims of the two parties should be submitted to arbitration and that diplomatic negotiations would not be desirable in view of the Finnish Government's reluctance to make a decision involving the Finnish State in a large financial liability. 14. The Department has informed the International Nickel Company that, in view of these comments, it is felt that the Company should propose to the Finnish Goveminent that the matter be settled by arbitration. If the Finnish Government is reluctant to agree, the Department might consider supporting the Company's proposal by an official note to the Finnish Government. If it were found that there had been any discrimination by the arbitration board the question of diplomatic support for the Company's claims would then arise. | |
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