§ Mr. Peter ShoreTo ask the Chancellor of the Exchequer what is the official estimate of the United States and Japanese direct investment in the United Kingdom as a percentage of direct investment in all European Community countries in each year from 1989 to the latest available date.
§ Mr. Nelson[holding answer 23 June 1994]: Fully comparable information on direct inward investment in the European Community from outside the EC is not available. However the following estimates for the years 1989 to 1992 have been prepared, based on the most readily available sources.
Value of stock of direct investment in United Kingdom as a percentage of that in all EC countries Year United States Japan 1989 42.1 37.7 1990 40.4 40.5 1991 39.5 40.9 1992 38.8 41.2 Sources:
1. United States Department of Commerce: "Survey of Current Business".
2. Japanese Ministry of Finance: "MITI News".