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Export Credits Guarantees

Volume 268: debated on Wednesday 20 December 1995

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To ask the President of the Board of Trade what was the total value of export credits guarantees in each of the past five years; and if he will provide a breakdown by sector. [7267]

The figures requested are as follows:

£million
1990–911991–921992–931993–941994–95
Civil1,3181,4421,8811,5071,325
Defence6402761,5911,973543
Aerospace3423773306061,137
Total2,3002,0953,8024,0863,005
These figures relate to guarantees issued for project capital goods only. They do not include guarantees for short-term credits by ECGD's insurance service group prior to privatisation in 1991, nor do they include contracts covered under ECGD reinsurance treaties.