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Arms Sales

Volume 300: debated on Wednesday 5 November 1997

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To ask the President of the Board of Trade what percentage of the value of Export Credits Guarantee Department coverage has been provided for arms sales in each of the last three years; and what was the total coverage provided for arms sales in each of those years. [12724]

From Information readily available on ECGD's files the details requested are as follows:

Financial yearValue of ECGD cover provided for defence business £ millionValue for cover for defence business as a percentege of total cover
1994–9572521.4
1995–961,01322.9
1996–9738416.3
These figures include all ECGD covered business with defence buyers, including sales of non-lethal equipment.