HC Deb 11 March 1985 vol 75 cc20-1W
Mr. Batiste

asked the Secretary of State for Trade and Industry what guidelines for content and method of future work were agreed at the high-level COCOM meeting on 6 and 7 February.

Mr. Fletcher

COCOM will continue its work to ensure that the embargo arrangements cover technologies of genuine strategic significance and are effectively enforced.

1979 1980 1981 1982 1983 1984 Totals
New companies 2 1 4 6 2 2 17
Up to £100,000 2 1 1 2 6
£100,000 to £200,000 1 2 3 1 2 10
£200,000 to £500,000 2 5 5 4 2 18
£500,000 to £1,000,000 5 3 5 5 4 7 29
£1,000,000 to £2,000,000 6 4 6 4 6 11 37
£2,000,000 to £5,000,000 9 3 7 3 5 10 37
£5,000,000 to £10,000,000 1 4 1 5 5 16
Over £10 million 3 2 1 6 5 7 24
TOTALS 28 18 36 31 33 48 194

Note: The figures include 14 cases where support has been offered but not yet claimed.

Mr. Grylls

asked the Secretary of State for Trade and Industry if he is satisfied with the operation of the market entry guarantee scheme.

Mr. Fletcher

[pursuant to the reply, 8 March 1985]: Yes, I am satisfied that the operation of the market entry guarantee scheme is effective. It is fulfilling its main objective of helping exporters to enter new markets or substantially expand an existing presence. Between 1978 and 1984, 210 agreements were entered into with

Percentage of British Overseas Trade Board net expenditure
1979–80 1980–81 1981–82 1982–83 1983–84 *1984–85
Overseas trade fairs 57 48 57 50 49 46
Market entry guarantee scheme 3 5 6 6 6 6
Overseas projects fund 19 26 14 22 14 13
* Figures for 1984–85 are based on the presently forecast outturn for the year.

Note: For comparability the figures exclude items transferred to the BOTB budget from other budgets from 1984–85 onwards.