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European Economic Community (Investment)

Volume 643: debated on Tuesday 4 July 1961

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asked the Chancellor of the Exchequer if he will state the total amount of British investment in the European Economic Community each year during the period 1957–60; and if he will set out in tabular form the countries and industries in receipt of such investment.

Private investment by the United Kingdom in the European Economic Community is now estimated at £32 million in 1958 and £41 million in 1959. Estimates on a similar basis are not available for 1957 and those for 1960 are not yet ready. Certain supplementary information on the lines sought by my hon. Friend about direct investment in countries and industries was published in the Board of Trade Journal of 17th February last.