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Mr. Llwyd
To ask the President of the Board of Trade what was the value of direct British investment overseas in each year since 1992–93; and if he will make a statement. [34950]
Mr. Nelson
Direct investment overseas by UK residents amounted to £10.8 billion in 1992, £17.1 billion in 1993 and £16.4 billion in 1994. The UK's earnings from overseas direct investment were a record £21.9 billion in 1994.