HC Deb 18 April 1994 vol 241 cc362-3W
Mr. Pawsey

To 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. Nelson

I 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:

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
Source: Central Statistical Office, Business Monitor MO4 and First Release.

1 Investment in overseas branches, subsidiaries and associates of United Kingdom enterprises.

2 Excludes insurance companies.

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