§ Sue DoughtyTo ask the Secretary of State for Trade and Industry what level of debt to the Export Credits Guarantee Department as a result of arms sales(a) was created in each of the last five years and (b) remains unpaid for each of the last five years. [62039]
§ Ms HewittThe table indicates ECGD claims payments in respect of exports of defence equipment in the last five years for which audited figures are available. Most of these claims have been rescheduled through the Paris Club, thus deferring the debtor country's obligations.
682W
Year/market Claims payments (£000)
Recovery status 1996 Algeria 28,295 Rescheduled in Paris Club Egypt 6,565 Rescheduled in Paris Club Jordan 14,865 Rescheduled in Paris Club Kenya 2 Rescheduled in Paris Club 1997 Algeria 12,585 Rescheduled in Paris Club Egypt 1,402 Rescheduled in Paris Club Jordan 24,742 Rescheduled in Pans Club Kenya 48 Rescheduled in Paris Club 1998 Indonesia 20,899 Rescheduled in Paris Club Jordan 10,141 Rescheduled in Pans Club Kenya 14 Rescheduled in Paris Club 1999 Indonesia 151,216 Rescheduled in Paris Club Zimbabwe 973 Recovered in full 2000 Indonesia 180,169 Rescheduled in Paris Club Zimbabwe 890 Awaiting recovery
§ Sue DoughtyTo ask the Secretary of State for Trade and Industry what the level was of export credit guarantee coverage for arms sales in each of the last five years. [62038]
§ Ms HewittAccording to ECGD's last five published annual report and accounts, guarantees in support of exports of defence equipment were provided for the following amounts:
Year £ billion 1996–97 0.37 1997–98 0.76 1998–99 1.7 1999–2000 1.58 2000–01 2.73