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Overseas Investment Insurance Scheme

Volume 301: debated on Wednesday 26 November 1997

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To ask the Secretary of State for International Development what has been the outcome of her review of the overseas investment insurance scheme of ECGD; and if she will make a statement. [17447]

[holding answer 24 November 1997]: I have been asked to reply.When ECGD relaunched its Overseas Investment Insurance Scheme in 1994 it was agreed that the Scheme would be reviewed every three years. The first of these reviews is about to commence. ECGD will work closely with the Department for International Development in this matter to see if the facilities can be made more readily available to poor countries.