text: ment on the islands and access to property: and, as we have experienced in this recent episode, this has even gone as far as impeding the peaceful economic activities that are being carried out under contract between individuals entered into in accordance with United Kingdom legislation. 63. My Government would therefore like to assert that the continued refusal of the United Kingdom to take effective steps to settle the dispute, as demon- strated by the delays over the past 16 years-added to the long-standing Argentine claim-constitutes an additional form of aggression against my country. 64. This aggression has again been demonstrated by the recent events which have caused the Security Council to meet, by the virtual utilization of force against Argentine nationals on San Pedro Island-on Argentine territory that was unjustly usurped-who were carrying out commercial activities which were legally agreed to and about which the United Kingdom is fully cognizant. 65. That is to say. the serious and imminent threat to utilize force that the presence and activities of British warships in Argentine waters and against Argentine nationals signify means that there is a right to exercise legitimate defence. Those threatening actions are not new. They have already been noted by the Inter-American Juridical Committee in its state- ment concerning the question of the Malvinas Islands which was issued at the beginning of 1976. It referred to the incursions of the End,/lrrncac during the illicit activities of the Shoc~klcron vessel on the continental shelf of Argentina which led to our claim and reac- tions. At that time, the Committee stated that: “the presence of foreign warships in waters adjacent to American States constitutes a threat to the peace and security of the hemisphere and a flagrant viola- tion of international law concerning non-interven- tion, as do the intimidating threats of the British 
analysis: The text appears to be a diplomatic statement addressing a territorial dispute between Argentina and the United Kingdom. It mentions economic activities, warships, and the use of force, indicating that the issue is not only a territorial one but also has implications for international relations and potentially even economic development.