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Arms Trade: Saudi Arabia

Volume 474: debated on Wednesday 2 April 2008

To ask the Secretary of State for Business, Enterprise and Regulatory Reform what the sum of the Export Credits Guarantee Department’s exposure in respect of the al-Yamamah arms deal with Saudi Arabia was on (a) 31 December 1989, (b) 31 December 1994, (c) 31 December 1999, (d) 31 March 2005 and (e) 12 September 2006. (196623)

ECGD exposure as at the requested dates is set out as follows.

£ million

31 December 1989

450

31 December 1994

750

31 December 1999

l,000

31 March 2005

750

12 September 2006

750