§ Mr. PawseyTo ask the President of the Board of Trade, pursuant to his answer of 29 March,Official Report, column 650, what was the level of United Kingdom overseas investment in (a) the far east, (b) Europe and (c) north America in 1979 and 1993.
§ Mr. NelsonI have been asked to reply. The available information for the nearest adjacent years for which estimates of overseas district investment have been made is as follows:
Source: Central Statistical Office, Business Monitor MO4 and First Release.
Direct investment assets abroad1 (at book values) 19782 £ million 1992 Far East (Asia, other than Middle East) 1,773 11,530 Western Europe 6,145 42,967 North America 6,496 61,130 1 Investment in overseas branches, subsidiaries and associates of United Kingdom enterprises.
2 Excludes insurance companies.