§ Mr. Proctorasked the Minister for Trade if he will make a statement on the current state of trade between the 9W Republic of Chile and the United Kingdom; and what major trading agreements have been reached between the two countries during the past 12 months.
§ Mr. Peter ReesIn 1980 United Kingdom exports to Chile were £55.7 million and imports from £126.3 million. The United Kingdom share of the Chilean market was 2.1 per cent. Trade figures are not available for the whole of 1981; but for the six months of January, February, September-December 1981 United Kingdom exports to Chile were £33.8 million and imports from Chile were £39.6 million.
Chile is our fifth largest market in Latin America. Our major exports to Chile during this period were machinery, chemicals and whisky, and our major imports from it copper and agricultural produce.
No trading agreements have been reached with Chile over the past 12 months.