§ Mr. FisherTo ask the Chancellor of the Duchy of Lancaster how many British companies have set up joint ventures in(a) the Union of Soviet Socialist Republics and (b) China.
§ Mr. Alan Clark[holding answer 8 May 1989]: (a) Joint ventures, USSR: My Department is aware of 33 joint ventures signed to date between British companies and Soviet organisations. In addition, we are aware of a number of British companies presently involved in negotiations to set up joint ventures in the USSR, so the figure is likely to continue to grow.
(b) Joint ventures, China: My Department is aware, through the British embassy in Peking, of some 60 United Kingdom joint ventures covering a wide range of commercial activities.