§ Mr. Ian Lloyd
asked the Secretary of State for Foreign and Commonwealth Affairs what is his estimate of the value of British property in Mozambique which is directly held by British controlled companies registered in Mozambique and indirectly through British shareholdings in South African companies operating in that territory.
§ Mr. Ennals
Precise figures are not available. The book value of British investment in Mozambique was estimated in 1973 to be about £23 million. This does not include investment in banking, oil, shipping, insurance, etc. We have no information about indirect share-holdings of British investors.