What is the Drago Doctrine?

The Drago Doctrine is a principle asserted by Argentine Minister of Foreign Affairs, Luis María Drago on December 29, 1902. The doctrine held that international law did not authorize European powers to use armed intervention to force American republics to pay public debts. The doctrine was not new in principle, though its concept is narrower than that of the earlier Calvo Doctrine from which it grew. The subject was presented at the Hague Conference of 1907 when a modified version of the Drago doctrine was adopted. The Drago Doctrine is a direct response from the actions of Britain, Germany, and Italy who blocked the ports of Venezuela in 1902 due to its massive accumulation of debt acquired under the previous president, Cipriano Castro. The United States issued a response, which was the Roosevelt Corollary. It stated that the United States could use force to intervene in South America to protect the business interests of America.

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