§ Mr. LilleyTo ask the Secretary of State for International Development what was the value of trade credits guaranteed by the ECGD for sales of military equipment to highly indebted poor countries in each year since 1983. [25240]
§ Ms HewittI have been asked to reply.
The value of ECGD cover for defence business in each of these years for countries currently classified as HIPCs (Heavily Indebted Poor Countries) is as follows:
£million Year Value of ECGD cover 1984–85 102.8 1987–88 20.1 1988–89 49.2 Total for all years since 1983 171.2 For years not listed the total value of ECGD cover was £0.
Not included in the table is cover provided by ECGD's short-term operation which was privatised in 1991. More generally ECGD's records of business supported prior to 1 April 1987 are no longer comprehensive.