HC Deb 16 February 2000 vol 344 cc559-60W
Ms Oona King

To ask the Secretary of State for Trade and Industry if he will list the unrecovered loans issued by the Export Credits Guarantee Department over the last 15 years which are attributed to defence-related contracts, broken down by(a) country, (b) financial amount and (c) equipment. [108740]

Mr. Caborn

From information readily available, the value claims paid by ECGD in respect of defence-related contracts under guarantees issued in the last 15 years and which remain outstanding for recovery is as follows:

£million
Country Value of claims outstanding
Algeria 98
Egypt 46
Indonesia 131
Jordan 253
Kenya 16

The equipment supplied under these contracts includes aircraft, artillery, naval vessels, vehicles, communications and ancillary equipment.

Dr. Cable

To ask the Secretary of State for Trade and Industry if he will list the losses attributable to defence-related business with the ECGD broken down by(a) country, (b) goods and (c) financial amounts concerned for each year from 1997 to 1999. [108766]

Mr. Caborn

[holding answer 7 February 2000]: No business for which ECGD has issued cover in the period 1997 to 1999 has given rise to losses.

However ECGD has recognised losses in this period in respect of business which was the subject of guarantees issued prior to 1997. In the case of defence-related business the losses are as follows:

£ million
Market Amount written off
Burkina Faso 0.6
Egypt 0.7
Tanzania 0.1

Details of the goods are not readily available.