§ Mr. Oramasked the Secretary of State for Trade and Industry (1) if he will state, for the most recent year for which figures are available, how much new private investment from Great Britain took place in developing countries and how that amount compares with the repatriated earnings in that year from private investment;
(2) if he will state, for the most recent year for which figures are available, how much new private investment from Great Britain took place in India and how that amount compares with the repatriated earnings in that year from private investment in India.
§ Sir G. HoweThe latest available information is as follows:
Developing Countries India £ million All private investment Net investment— 1971 163* — 1970 150 — Private direct investment (excluding oil) Net investment— 1971 145* — 1970 134 10½ Estimated remittances of interest, profits and dividends—1970 109 13½ * Provisional estimates.