HC Deb 26 March 2002 vol 382 c806W
Matthew Taylor

To ask the Secretary of State for Foreign and Commonwealth Affairs if he will place in the Library(a) the contingency plans that his Department has prepared for the contingency that Global Crossing fails, (b) the monitoring reports that his Department's posts in New York and Washington have drawn up of the financial performance of Global Crossing; and if he will make a statement. [44930]

Mr. MacShane

Contingency arrangements are contained in the FCO's contract with Global Crossing, which bars disclosure on the grounds of commercial confidentiality (Exemption 13 of the Code of Practice, on Access Government Information refers). The FCO has kept in touch with posts in Washington and New York, who have monitored local press and market reports on Global Crossing.