HC Deb 26 October 1994 vol 248 cc656-7W
Mr. Byers

To ask the President of the Board of Trade what percentage of Export Credits Guarantee Department credits related to defence exports in 1993–94; and what was their value.

Mr. Ian Taylor

[holding answer 24 October 1994]The ECGD supported guarantees worth £1.96 billion in 1993–94 in respect of defence contracts. This amounted to 48 per cent. of the ECGD's support for capital goods and projects in 1993–94.

Mr. Byers

To ask the President of the Board of Trade what percentage of the total Export Credits Guarantee Department credit budget was used in relation to defence contracts for(a) Bangladesh, (b) Ecuador, (c) India, (d) Indonesia, (e) Jordan, (f) Malaysia, (g) Nigeria, (h) Oman, (i) Pakistan and (j) Thailand in 1993–94; and what was (i) the value for each year and (ii) the subject matter of the contracts.

Mr. Ian Taylor

[holding answer 24 October 1994]The percentage of the ECGD's total support for capital goods and projects in 1993–94 which related to contracts in respect of defence equipment in the named markets and the respective values were as follows:

Percentage Value £ million
Bangladesh
Ecuador
India
Indonesia 0.15 6.2
Jordan
Malaysia 0.46 18.7
Nigeria
Oman 8.42 343.9
Pakistan
Thailand

The subject matter of individual contracts is confidential to the contracting parties.

Mr. Byers

To ask the President of the Board of Trade what percentage of the total Export Credits Guarantee Department credit budget was used in relation to defence contracts for Saudi Arabia in each year since 1980; and what was(a) the value for each year and (b) the subject matter of the contracts.

Mr. Ian Taylor

[holding answer 24 October 1994]The percentage of total ECGD support for capital goods and projects since 1980 which related to defence contracts in Saudi Arabia and the related values were as follows:

Percentage Value £ Million
1982–83 0.28 23.85
1985–86 0.39 5.97
1988–89 21.77 450.00
1992–93 5.92 225.00
1993–94 18.36 750.00
In all other years the percentage and value were zero.

The subject matter of individual contracts is confidential to the contracting parties.