§ Lord Avebury
asked Her Majesty's Government:
Whether the Export Credits Guarantee Department (ECGD) investigated the compliance of the Baku-Tbilisi-Ceyhan (BTC) pipeline with local law, as defined by the host government agreements for the project prior to agreeing guarantees for the pipeline; whether it was ECGD's understanding that the Organisation for Economic Co-operation and Development (OECD) guidelines on multinational enterprises formed part of the legal regime for the pipeline; and whether the OECD guidelines fall within the main criteria applied by the ECGD in making its assessment of the BTC project. [HL1469]
§ The Parliamentary Under-Secretary of State, Department of Trade and Industry (Lord Sainsbury of Turville)
I refer the noble Lord to the reply I gave on 12 January (Official Report, col. WA 71).