asked the Secretary of State for Trade and Industry what grants are available each year from his Department for British companies who wish to be represented at the annual Leipzig trade fair in the German Democratic Republic; and what plans he has to increase the availability of such grants.
If there is sufficient industry interest, British companies which wish to exhibit at the Leipzig trade fair can obtain assistance under the terms of the British Overseas Trade Board's joint venture scheme, subject to the BOTB's priorities within the resources available. In 1985–86, 45 per cent., 50 per cent. and 55 per cent. of the BOTB's forecast direct costs in providing a stand and display aids are charged to first and second time participants and regular exhibitors respectively. In 1986–87 the charges will be 40 per cent., 55 per cent. and 75 per cent. respectively. Travel grants are also available for up to two representatives of each company in the BOTB group. In 1985–86 the travel grant is £115 each. In 1986–87 the grant will be about 90 per cent. of this amount for three visits to the exhibition and at half that rate for one further attendance.