§ Mr. LockTo ask the Secretary of State for Trade and Industry if he will list in respect of foreign(a) companies and (b) Governments which have been given guarantees in relation to defence and security equipment in the past three 29W years (i) the name of the country to which defence and security equipment has been sold, (ii) the level of debt guaranteed for sales to each country in each of the last three years and (iii) the amount of that debt which was paid out by the ECGD in each of the last three years. [66981]
§ Mr. WilsonThe following tables detail by country the amount of business which ECGD has guaranteed for sales to defence buyers in each of the last three years and the incidence of claims under these same guarantees.
£ million Country Amount guaranteed Amount paid as claims under these Guarantees 1996–97 to 1998–99 1996–97 Bahrain 1.4 0 Indonesia 143.6 11.7 Republic of Korea 13.6 0 Lithuania 1.5 0 Qatar 5.5 0 Saudi Arabia 225 0 Singapore 18.6 0 Turkey 2.0 0 1997–98 Egypt 8.8 0 Greece 18.7 0 Indonesia 16.5 0 Italy 2.7 0 Republic of Korea 62.4 0 Kuwait 55.7 0 Lithuania 4.8 0 Oman 908 0 Qatar 222.9 0 Saudi Arabia 225 0 Thailand 27.3 0 Turkey 35.6 0 United Arab Emirates 9.8 0 USA 58.3 0 1998–99 (to 20 January) Brazil 29.3 0 Brunei 580 0 India 14.3 0 Indonesia 5.8 0 Italy 1.5 0 Oman 21.1 0 Sweden 4.1 0 USA 6.9 0 1 Paid 1998–99