§ Mr. AlexanderTo ask the Secretary of State for Trade and Industry if he will list the unrecovered loans issued by the Export Credits Guarantee Department(a) between 1979 and April 1997 and (b) since May 467W 1997 which are attributable to defence related contracts, including details of (i) equipment, (ii) country and (iii) financial amount. [112959]
§ Mr. CabornThe information readily available is as follows
(a) the value of claims paid by ECGD in respect of defence-related contracts under guarantees issued between the mid 1980's and April 1997 and which remain outstanding for recovery as at 29 February 2000 is as follows:
£ million Country Value of claims outstanding Algeria 98 Egypt 46 Indonesia 169 Jordan 253 Kenya 16 The equipment supplied under these contracts includes aircraft, artillery, naval vessels, vehicles, communications and ancillary equipment.
(b) there have been no claims paid by ECGD in respect of defence related contracts under guarantees issued since May 1997.