HC Deb 21 November 2001 vol 375 c305W
Mr. Alan Simpson

To ask the Secretary of State for Trade and Industry if the Government carry any liability for potential damage in respect of investments they support in Ukraine. [16323]

Ms Hewitt

ECGD has not provided Overseas Investment Insurance cover for any investments in the Ukraine.

Mr. Alan Simpson

To ask the Secretary of State for Trade and Industry if Ukraine is off cover for official UK export credits. [16322]

Ms Hewitt

ECGDs website advertises the Ukraine as a country for which it is only able to consider export credit cover on a case-by-case basis.

Mr. Alan Simpson

To ask the Secretary of State for Trade and Industry if the UK has indicated to the European Bank for Reconstruction and Development that it is interested in the financing of a nuclear power station in Ukraine. [16325]

Ms Hewitt

Under the terms of the 1995 Memorandum of Understanding aimed at bringing about the closure of the Chernobyl Nuclear facility, the EU and G7 Governments agreed to work on the provision of loan finance to complete the Ukrainian nuclear plants known as K2/R4. The EBRD was nominated to lead in arranging a US$1.4 billion package of loans which, it was indicated, could include UK export credits for up to £20 million.

Mr. Alan Simpson

To ask the Secretary of State for Trade and Industry what applications have been received for export credit support in respect of the KZR4 nuclear power station in Ukraine; and if she will provide details. [16324]

Ms Hewitt

The Export Credits Guarantee Department has received an outline application in respect of the K2R4 project. For reasons of commercial confidentiality, under Exemption 13—Third Party's commercial confidences—of the Code of Practice on Access to Government Information, it is unable to disclose details of the application.