§ Mr. Wigleyasked the Secretary of State for Trade what are the average rates of return, after overseas tax, on United Kingdom direct investment overseas in (a) the Commonwealth developing countries, (b) Canada, (c) the United States of America, (d) EFTA, (e) EEC, (f) South and Central America, and (g) the overseas sterling area.
§ Mr. DeakinsThe latest available estimates of the average rate of return on United Kingdom direct investment overseas are those for 1971 published in Table 40 of Business Monitor M4, Overseas Transactions, to which I referred the hon. Member in my answer of 4th March.
266Wdue course with our community obligations, and I intend to seek the necessary powers, and I intend to seek the necessary powers from Parliament at an appropriate date.