§ Mr. DalyellTo ask the President of the Board of Trade if he will make a statement on the outcome of the trade mission led by Lord Fraser to Azerbaijan. [13712]
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§ Mr. NelsonLord Fraser's mission comprised a group of British companies focused on the inspection, repair and maintenance sector for the oil and gas industry. Its objective was to assess the business opportunities available in the refurbishment of the badly run-down Azeri oil and gas production facilities. A number of significant opportunities were identified and discussed with senior authorities and several of the participating companies are to return over the coming weeks for detailed follow-up. During the course of the visit a substantial contract award was made to one of the companies on the mission.
The mission was regarded as very successful by those participating.