HC Deb 26 June 1972 vol 839 cc220-1W
36. Mr. Redmond

asked the Secretary of State for Trade and Industry to what extent British investment in Japan is being restricted by Japanese Government measures; and if he will make a statement.

Mr. John Davies

It is difficult to estimate to what extent Japanese restrictions have inhibited British companies from establishing operations in Japan. In my recent discussions with Japanese Ministers I stressed the relatively low level of investment by each country in the other as compared with the levels existing between most industrialised countries.