§ Mr. Moyleasked the Secretary of State for Foreign and Commonwealth Affairs what is the amount in sterling of public and private civil purchases by the German Federal Government from the United Kingdom under the offset agreement for the last financial year for which figures are available.
§ Mr. MulleyIn 1967–68, the last full financial year for which figures are available, the amount of public and private civil purchases under the offset agreement was DM 282 million. It is not possible to give a precise sterling equivalent since payments during the year straddled the date of devaluation. All that can reasonably be said is that the figure lies between £25 and £29.3 million. The amount of similar purchases for the first nine months of the 1968–69 financial year is, on the basis of preliminary figures, approximately £19 million.