§ 27. Mr. Hooleyasked the Secretary of State for Trade what steps are being taken by his Department to stimulate exports to the newly industrialising countries.
§ Mr. ParkinsonMy Department, through the British Overseas Trade Board provides a wide range of services to British exporters to promote their goods and services in newly industrialising countries among others. These include intelligence on export opportunities and assistance with outward and inward missions and participation in trade fairs and seminars. Co-operation agreements between the United Kingdom and newly industrialising countries embracing a variety of sectors of common interest also serve to stimulate exports. ECGD facilities are normally available.
§ 43. Mr. Bill Walkerasked the Secretary of State for Trade what was the 365W United Kingdom's balance of trade with the newly industrialising countries in 1979.
§ 49. Mr. Chapmanasked the Secretary of State for Trade what are the most
Imports (c.i.f.) Exports (f.o.b.) £ million Crude balance (exports valued f.o.b. minus imports valued c.i.f.) Portugal … … … 338 308 -31 Spain … … … 711 573 -138 Malta … … … 54 79 +26 Yugoslavia … … … 51 174 +123 Greece … … … 152 273 +121 Turkey … … … 67 136 +69 Poland … … … 229 261 +31 Hungary … … … 52 61 +9 Romania … … … 66 70 +4 Israel … … … 228 271 +43 Iran … … … 244 232 -12 Pakistan … … … 68 140 +72 India … … … 366 456 +90 Thailand … … … 52 94 +42 Malaysia … … … 221 187 -34 Singapore … … … 185 271 +85 Taiwan … … … 218 103 -115 Hong Kong … … … 691 442 -248 South Korea … … … 270 145 -124 Philippines … … … 81 106 +25 Mexico … … … 36 135 +98 Brazil … … … 400 286 -114 Argentina … … … 145 128 -17 Total … … … 4,925 4,930 +5 Source: United Kingdom Overseas Trade Statistics, SITC (R2).
Notes
(i) Iran is the only member of OPEC included in this list of newly industrialising countries.
(ii) Owing to rounding, the sum of the value of the crude trade balance and of imports given above does not in all cases coincide with that for exports.