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Exports

Volume 227: debated on Tuesday 22 June 1993

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17.

To ask the Secretary of State for Defence if he will assess the share of the world market achieved by British defence exports in 1992 and so far in 1993.

In 1992, Britain's share of the world defence export market (in terms of new contracts let) was 20 per cent.—putting us in second place only to the United States of America. Based on our achievements so far this year we believe that we are on course to retain this market share.