Drago Doctrine

The Drago Doctrine is a view of international law developed by the Argentine Foreign Minister Luis María Drago . It was developed as a further development of the Monroe Doctrine of the former US President James Monroe as a reaction to the military escalation of a debt crisis in Venezuela , the so-called Venezuela crisis of 1902.

The Drago Doctrine, which Drago first wrote down in a note to the American Secretary of State, prohibits armed intervention by European states into the territory of American states to collect national debts . Drago thus further developed the rule of non-interference of Europe in America set up by Monroe.

The doctrine was presented at the Second Hague Peace Conference in 1907. It was picked up by the American delegate, General Horace Porter , and was incorporated into the "II. Hague Convention on the Restriction of the Use of Force in the Collection of Contract Debts", which is therefore also called the Drago-Porter Convention .