HC Deb 05 November 1997 vol 300 cc245-6W
Sir George Young

To ask the President of the Board of Trade what percentage of export credits has been used to support defence sales since 1994. [13790]

Mrs. Beckett

From data readily available, the information requested is as follows:

Financial year Value of ECGD cover provided for defence business as a percentage of total cover
1994–95 21.4
1995–96 22.9
1996–97 16.3

These figures include all ECGD covered business with defence buyers, including sales of non-lethal equipment.

Sir George Young

To ask the President of the Board of Trade what is the monetary value of export credit sales used to support defence sales since 1994. [13791]

Mrs. Beckett

From data readily available, the information requested is as follows:

Financial year Value of ECGD cover provided for defence business £ million
1994–95 725
1995–96 1,013
1996–97 384

These figures include all ECGD covered business with defence buyers, including sales of non-lethal equipment.