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European Community

Volume 891: debated on Thursday 8 May 1975

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asked the Secretary of State for Trade what was the surplus/ deficit on trade for the years 1970–74, inclusive, between the United Kingdom and the eight other EEC countries for (1) the motor industry and (2) the economy as a whole; and what were the comparable figures for the surplus/ deficit between Great Britain and West Germany.

The figures are as follows:years 1970 to 1972 and in the December volumes of the monthly Overseas Trade Statistics for 1973 and 1974. The difference between those figures—the crude balance—is not a good measure of the balance of trade in goods because.

inter alia, of differences in valuation.

asked the Secretary of State for Trade what recent representations he has received about the need to restrict Japanese motor vehicle imports into the United Kingdom; and what replies he has sent.

We have received a number of representations about imports of motor vehicles from Japan, and my officials have discussed this trade in detail with the Society of Motor Manufacturers and Traders. The Government's attitude towards restrictions on imports of motor vehicles from Japan was set out in the Adjournment debate on 23rd January.

TRADE IN CARS*
Number (thousand
19701971197219731974
Exports to EEC208217208232159
of which West Germany151281310
Imports from EEC136236332346248
of which West Germany3969878756
* Defined as SITC(R)732·1—Passenger motor cars, other than buses or special vehicles, whether or not assembled.

asked the Secretary of State for Trade what were the direct investment figures for the period 1970 to 1974 from Great Britain into the EEC countries and from the EEC countries into Great Britain; and what were the comparable figures in relation to Great Britain and West Germany.

The information available relates to the years 1970 to 1973 and is given in Tables 17 and 27 of the Business Monitor M4, Overseas Transactions 1973, a copy of which is in the Library.