HC Deb 28 February 1994 vol 238 cc539-40W
Mr. Malcolm Bruce

To ask the President of the Board of Trade what proportion of the Export Credits Guarantee Department credit for Oman has been allocated to defence contracts in each of the last five years.

Mr. Needham

Of the guarantees issued by the Export Credit Guarantees Department in support of United Kingdom capital goods and projects exports to Oman over the last five years, the proportion in respect of exports of defence equipment was as follows:

Per cent.
1988–89 0.0
1989–90 100.0
1990–91 100.0
1991–92 0.0
1992–93 98.4

ECGD's recently published 1992–93 annual report details the breakdown by sector, including defence, of the capital goods and project exports it has exported during each of the four years to 1992–93.

Mr. Malcolm Bruce

To ask the President of the Board of Trade how many export credit guarantees have been provided to Oman in each of the last five years.

Mr. Needham

The Export Credits Guarantee Department has issued eight guarantees in the past five years in support of United Kingdom exports of capital goods and projects to Oman as follows:

Number
1988–89 1
1989–90 1
1990–91 1
1991–92 2
1992–93 3

Mr. Malcolm Bruce

To ask the President of the Board of Trade what is the total Export Credits Guarantee Department exposure outstanding with Oman.

Mr. Needham

At the close of its last financial year on 31 March 1993, the Export Credits Guarantee Department's exposure on Oman stood at £427.6 million.