§ Mr. Litterick
asked the Secretary of State for Trade what is the total value of United Kingdom motor vehicle and vehicle component exports as a proportion of total exports during the last 12 months for which this information is available, and what was the figure for the corresponding period in 1976.
§ Mr. Meacher
8.1 per cent. and 8.5 per cent. by value in 1977 and 1976 respectively.
NOTE. Motor vehicle components are not in all cases separately identified in the Overseas trade statistics and the above figures therefore include an element of estimation.
§ Mr. Giles Shaw
asked the Secretary of State for Trade if he is satisfied with the outcome of the recent negotiations between the EEC and Japan prior to the General Agreement on Tariffs and Trade; and if he will make a statement.
§ Mr. Meacher,
pursuant to his reply [Official Report, 1st February 1978; Vol. 943, c. 213–14], gave the following information:
The first sentence of the answer should read as follows:We welcome the Japanese intention to reduce a wide range of their tariffs in advance of the MTN's although this did not come about as a result of formal negotiations between the EEC and Japan.