§ Mr. WareingTo ask the President of the Board of Trade what trading links now exist between the United Kindom and Albania; what talks he has held with that country in respect of such trade; what subjects in respect of trade were discussed; and if he will make a statement.
§ Mr. Needham[holding answer 26 November 1992]: The United Kingdom's present trade with Albania is small, with exports of less than £2 million and imports of £250,000 in the period to the end of September this year. In part, this is due to the extremely difficult economic conditions which prevail there. None the less there have been several visits by British companies to the market recently which have shown some long-term potential in sectors such as tourtism, agriculture and food processing, and mineral extraction. I hope these early forays can be built on in the future.