§ Mr. CorbynTo ask the Secretary of State for Trade and Industry what export credit guarantees were made in respect of exports to Ghana in each of the last five years; how many of the guarantees have now lapsed; and how many payments have been made by the ECGD in respect of these guarantees. [101971]
§ Mr. Caborn[holding answer 9 December 1999]: The number and value of ECGD guarantees made in respect of exports to Ghana in each of the last five years are detailed in the following table along with the payments made by ECGD in respect of these guarantees:
Year Number of guarantees issued Value of guarantees £ million Payments made in each year £ million 1994–95 9 132.48 0 1995–96 4 71.43 0 1996–97 9 108.92 0 1997–98 2 20.17 2.32 1998–99 3 17.65 0.059 1999–20001 1 1.01 3.85 1To 30 November Of the total value of claims paid of £6.23 million, £3.84 remains outstanding. Five of these guarantees have now lapsed.