HC Deb 10 May 1960 vol 623 cc35-6W
Mr. Skeet

asked the Chancellor of the Exchequer if he will give the total of British investment in Western Germany at the most recent date available, specifying the percentage thereof attributable to oil refining, petrochemical development and petroleum marketing.

Mr. Barber

We have no information on total United Kingdom investment in Western Germany, but according to a West German source United Kingdom investment in West Germany companies had a nominal value of £54 million in 1958. The market value would, of course, be considerably higher. No precise information is available on the second part of the Question, but the major part of United Kingdom investment in Western Germany in recent years has been in the petroleum and petrochemical industries.

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