§ Mr. CorbynTo ask the President of the Board of Trade what was the annual cost of export credit guarantee certificates to the arms export industries in each of the past 10 years. [4752]
§ Mrs. Roche[holding answer 23 June 1997]: The Export Credits Guarantee Department has paid to date the following claims on guarantees related to business with Defence Ministries underwritten in the last 10 years.
Year of underwriting £ million 1987–88 48.3 1988–89 76.7 1989–90 31.7 1990–91 — 1991–92 0.7 1992–93 — 1993–94 — 1994–95 1.1 1995–96 — 1996–97 —