§ Mr. Blakerasked the Secretary of State for Trade what part of the crude trade deficit of £964 million with the EEC in the first half of 1974 was represented by any net contribution to the EEC budget and by capital flows, respectively.
§ Mr. DeakinsNeither of these factors contributed to the crude trade deficit which relates to trade in goods. Transfers relating to the EEC budget are included among invisible transactions, and in the first half of 1974 the net contribution was £33 million. There is no comprehensive information available for capital flows between the United Kingdom and the EEC.