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Defence Equipment: Indonesia

Volume 458: debated on Monday 12 March 2007

To ask the Secretary of State for Trade and Industry what the level of Indonesia’s debt to the Export Credits Guarantee Department is for guarantees issued for (a) goods in the defence sector as a whole and (b) Hawk aircraft. (125898)

[holding answer 7 March 2007]: At the end of February 2007 unrecovered claims under Indonesia’s debt rescheduling agreement with the Export Credits Guarantee Department stood at £757 million, of which approximately 75 per cent. is defence-related. Hawk aircraft account for approximately 60 per cent. of the defence-related figure.