HC Deb 06 April 1976 vol 909 cc156-7W
Mr. Kilroy-Silk

asked the Secretary of State for Trade (1) how much the ECGD has paid to insured exporters in respect of debts due from Chile in 1974, 1975 and 1976;

(2) how much the ECGD has paid to insured exporters in respect of debts due in 1974, 1975 and 1976.

Mr. Shore

It has been the practice of successive administrations not to give details of ECGD's payments in respect of individual markets. Statistics are not available relating ECGD's payments to the dates at which the insured debts fell due.

The total of claims paid by ECGD world wide in the years ending 31st March 1974 and 31st March 1975 was £30 million and £29.9 million respectively. Some £29 million was paid from 1st April 1975 to 31st January 1976.

Mr. Rooker

asked the Secretary of State for Trade if the ECGD is continuing to insure contracts with the two countries which have defaulted to the extent of £7.3 million on arms payments in the past four years.

Mr. Deakins

Yes, but only on a very restricted basis.

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