HC Deb 22 November 1966 vol 736 cc278-9W
Mr. Judd

asked the President of the Board of Trade (1) what was the value in each of the five years 1960 to 1965 of United Kingdom investments in, exports to and imports from the Republic of South Africa; and what estimates he has of likely increases within the next five years;

(2) what was the value in each of the five years 1960 to 1965 of United Kingdom investments in, exports to and imports from the Portuguese territories of Africa; and what estimates he has of likely increases within the next five years;

(3) what was the value in each of the five years 1960 to 1965 of United Kingdom investments in, exports to and imports from the continent of Africa other than the Republic of South Africa and the Portuguese territories; and what estimates he has of likely increases within the next five years.

Mr. Darling

The following is the avail able information:

Direct Investment (excluding oil, and, before 1963, insurance) Other Private Investment* £ million
Book Value of net assets at end-1962 Investment Flow Imports (c.i.f) Exports plus re-exports (f.o.b.)
Republic of South Africa
1960 20 -35 139 163
1961 9 -16 156 157
1962 269 15 - 6 151 157
1963 34 -36 166 207
1964 33 -13 183 239
1965 .. .. 181 265
Portuguese Territories in Africa‡
1960 .. .. 5 11
1961 .. .. 11 10
1962 13 .. .. 5 10
1963 .. .. 10 10
1964 .. .. 6 11
1965 .. .. 4 15
Rest of Africa
1960 34§ -1§ 376 327
1961 34§ 12§ 372 335
1962 357 384 307
1963 11§ 445 330
1964 -15§ 18§ 479 329
1965 .. .. 531 344
* Oil, portfolio, miscellaneous private investment and, before 1963, insurance.
† Fixed assets, less accumulated depreciation, plus current assets less current liabilities.
‡ Mozambique and Angola.
§ Including Mozambique and Angola.
.. means not available; a minus sign means net disinvestment.