Skip to main content

Us-Uk Defence Trade

Volume 264: debated on Thursday 19 October 1995

The text on this page has been created from Hansard archive content, it may contain typographical errors.

To ask the Secretary of State for Defence what proposals for securing a more level playing field in defence trade with the US his Department is currently considering; [37804](2) what assessment he has made of the balance of defence trade with the United States of America. [37786]

We make every effort to promote a two-way street in defence trade with the US where we assess the average ratio over the past five years has been 2:1 in favour of the United States. A level playing field is crucial to this aim and a memorandum of understanding on co-operation in R and D, production, procurement and logistics support of defence equipment is in place to help achieve this.