§ Mr. Meacher
asked the Secretary of State for Trade and Industry what percentage of Great Britain's exports he estimates are non intra-company transactions between multinational companies and their overseas subsidiaries; what was the percentage five and 10 years ago; and what are the comparable figures for France, West Germany, Italy, United States of America, Japan and Sweden.
§ Sir G. Howe
The information available on United Kingdom exports to related and unrelated concerns overseas is given below. Related concerns comprise the overseas subsidiaries, branches and associates of United Kingdom enterprises and the overseas parent, associates and fellow-subsidiary companies of United Kingdom affiliates of overseas companies. I do not have comparable data for other countries.
ANALYSIS OF UNITED KINGDOM EXPORTS Percentages 1966 1970 To related concerns overseas 22 26 To unrelated concerns overseas 78 74 Total 100 100