§ Mr. KeyTo ask the Secretary of State for Defence what discussions his Department has had with(a) the Department of Trade and Industry, (b) the Foreign and Commonwealth Office and (c) the Department of International Development about the level of export credit guarantees. [6666]
§ Mr. SpellarAs a member of the Export Guarantee Committee chaired by H.M. Treasury, the Ministry of Defence has regular discussions about export credit guarantees with the Department of Trade and Industry, the Foreign and Commonwealth Office and the International Development Department together with the Export 425W Credits Guarantee Department. This committee reviews whether countries should be on or off cover and discusses the level of export credit guarantees that should be made available.