§ Mr. Cousins
To ask the President of the Board of Trade, pursuant to the answer to the hon. Member for Monklands, West (Mr. Clark) of 18 July,Official Report, column 22, what is the total sum now outstanding in the ECGD's accounts together with rolled-up interest in respect of defence sales to Jordan.
§ Mr. Needham
The amount of £255 million given in the reply to the hon. Member for Monklands, West is the estimated sum due to ECGD in respect of defence sales under the three rescheduling agreements. This figure comprises the rescheduled amounts of principal and contractual interest, plus an estimated amount of rolled up interest, accruing under the first two agreements, which is capitalised and will be payable on deferred terms under the third agreement.