TNAG-1844-FCO40-2619-House-of-Commons-Select-Committee-on-Foreign-Affairs-enquiry-1989 — Page 83

32 MAR

39 16:22

FRON COI TECM FADIO

TO FOO NEWS

PAGE.04E

TRANSCRIPT D: BOFC KUNG SELECT COMMITTEE NEETING 22 MAR 89

11

FORRIGE SECRETARY (CORTD):

I think that that said. one finds in relation to Hong Kong,

in relation to China, in relation to Singapore, that there is

It is certainly room for expansion of our share of the market.

surprising in China I do not think I have the figure here for

www

that but speaking from memory, the UI share of the Chinese

import market is about two-and-a-half percent and the French share

is about 4 percent and the German share is about 9 percent and I

think that does not reflect any shortcoming is ministerial,

political and governmental activity it reflects the fact that

under this Government we have checked the decline in the UK's

share of world trade and initiate some improvement in some

places, but there is still a long way to go if British industry is

to be as successful as we would all wish.

WR. TAYLOR:

Just to clarify, Secretary of State, are you saying that

British business should pull its finger out a bit more?

FUREICH SECHETARY.

I would

takless myself su

Crudely, . Taylu

that is the burden of the song that I sing to many business

audiences up and down the country!

Bui