§ Mr. PawseyTo ask the Secretary of State for Foreign and Commonwealth Affairs how much aid has so far been given to Poland; what form it took; and what plans exist for it to be increased.
§ Mrs. ChalkerIn 1989–90, bilateral aid for Poland was £64 million. This consisted of the United Kingdom contribution of $100 million (£61.7 million) to the international stabilisation fund for Poland; and disbursements of £2.3 million from the know-how fund. Expenditure under the balance of the £50 million know-how fund, and the separate £15 million agricultural project will be spread over a number of years.
§ Mr. PawseyTo ask the Secretary of State for Foreign and Commonwealth Affairs what action is being taken to encourage British industry to invest in Poland.
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§ Mrs. ChalkerUnder the know-how fund for Poland, support is available for up to 50 per cent. of the costs of feasibility studies which British companies may need to undertake before investing in eastern Europe. Specific training can also be provided for potential local joint venture partners. Additionally, an investment protection and promotion agreement exists for Poland, and the full range of ECGD's investment insurance cover is available to equity investors. The Department of Trade and Industry provides British companies with information and advice on the latest legislation and other matters relating to joint ventures.