§ Mr. MorganTo ask the Secretary of State for Trade and Industry what representations he has received regarding increased charges for export insurance by the Export Credits Guarantee Department.
§ Mr. Redwood[holding answer 3 July 1990]: I have received a number of representations about possible increases to ECGD's premium rates for project insurance from exporters and other interested parties. Despite the fact that I have made no proposals, due consideration will be given to these in formulating future policy.
§ Mr. MichaelTo ask the Secretary of State for Trade and Industry what is the provision against loss in (i) the short-term, (ii) the medium-term and (iii) the long-term business of the Export Credits Guarantee Department and of the main export credit insurers in(a) the United States of America, (b) Japan, (c) West Germany, (d) France and (e) Italy, as shown in the 1988–89 financial year.
§ Mr. Redwood[holding answer 6 July 1990]: ECGD's loss provisions are shown in its 1988–89 trading account (Cmnd 153). For reasons of commercial confidentiality these do not distinguish between categories of business. Comparable figures in respect of the other countries are not available.