§ Mr. J. H. Osbornasked the President of the Board of Trade what backing he gave to overseas investment projects by British industry in 1969; what was the total capital value involved; what estimate he has made of the value of British capital equipment exports resulting from this, and of the value guaranteed by the Export Credit Guarantee Department; and if he will give similar figures for the past three years.
§ Mr. MasonPrivate direct investment overseas (excluding oil) was running in the first three quarters of 1969 at an annual rate of £505 million, a substantial increase on the figures for the three previous years. The other information asked for is not available.