§ Mr. CousinsTo ask the Secretary of State for Trade and Industry what was the total capital project cost cover offered under the export credits guarantee system to(a) Saudi Arabia, (b) the Gulf states, (c) Malaysia, (d) China and (e) Brunei in each year since 1983; and what proportion was accounted for by cover for arms exports in each case.
§ Mr. Ridley[holding answer 8 January 1990]: It is ECGD's policy not to disclose details of its exposure on individual countries for reasons of commercial confidentiality.
§ Mr. CousinsTo ask the Secretary of State for Trade and Industry (1) what was the total capital project cost cover offered under the export credits guarantee system in each year since 1983;
(2) what was the total capital project cost cover offered under the export credits guarantee system in respect of arms exports in each year since 1983.
§ Mr. Ridley[holding answer 8 January 1990]: The information is set out in the table.
Values in Millions Sterling Year Total capital cost insured Total arms capital cost insured Arms as a percentage of total business 1983 2,733.83 616.10 22.54 1984 1,679.16 199.95 11.91 1985 1,616.88 412.18 25.49 1986 1,717.54 423.80 24.67 1987 1,385.30 182.14 13.15 1988 1,863.49 625.30 33.56 1989 748.23 95.37 12.75 Total 11,744.43 2,554.84 21.75