§ Mr. Tom ClarkeTo ask the Secretary of State for Trade and Industry what estimate he has of the level of Israeli investment in Britain and of British investment in Israel.
§ Mr. MellorI have been asked to reply.
The net book value of United Kingdom direct investment—in branches and subsidiary and associated companies—in Israel as at end 1987, the latest available information, was £24 million. Information on the net book value of direct investment by Israel in the United Kingdom is not available. Information on the level of United Kingdom portfolio investment in Israel or on Israeli portfolio investment in the United Kingdom is also not available.