§ Mr. WelshTo ask the President of the Board of Trade what was the total value of export credits guarantees in each of the past five years; and if he will provide a breakdown by sector. [7267]
§ Mr. OppenheimThe figures requested are as follows:
£million 1990–91 1991–92 1992–93 1993–94 1994–95 Civil 1,318 1,442 1,881 1,507 1,325 Defence 640 276 1,591 1,973 543 Aerospace 342 377 330 606 1,137 Total 2,300 2,095 3,802 4,086 3,005 These figures relate to guarantees issued for project capital goods only. They do not include guarantees for short-term credits by ECGD's insurance service group prior to privatisation in 1991, nor do they include contracts covered under ECGD reinsurance treaties.