§ Mr. AmessTo ask the President of the Board of Trade what estimate he has made of the value to British companies of contracts signed following the visit of the Philippines President. [14419]
§ Mr. Ian TaylorDuring President Ramoss visit, agreements to the value of approximately £700 million were signed with United Kingdom companies, including 195W British Gas, Balfour Beatty, GKN, Stramit and GEC Alsthom. UK companies are pursuing a number of other projects in the Philippines and I am confident that following the Presidents successful visit, UK commercial interests in the Philippines will develop further.