§ 16. Mr. Foulkesasked the Minister for Trade what was the value of United Kingdom exports to South America in each of the first, second and third quarters of 1982.
§ Mr. Peter ReesUnited Kingdom exports to Latin America in the first quarter of 1982 were valued fob at £267 million, in the second at £268 million, and in the third at £205 million.
§ Mr. FoulkesHow many British contracts have been lost in South America as a result of the Falklands war?
§ Mr. ReesWe do not have any firm evidence to show that any contracts have been lost. It is a matter of speculation whether trade has been affected. The figures that I gave were based on overseas trade statistics. For that purpose Latin America is taken to include Mexico—a country in some difficulty—and the Argentine, which is obviously a special case.