Chilean Debt

Mr. Kinnock
asked the Chancellor of the Exchequer whether he has yet reached agreement on a timetable for talks concerned with the rescheduling of the Chilean debt; and, if so, when these talks are to begin.

Mr. Dell
The United Kingdom and other creditors have been invited to attend  talks in March to consider Chile's request for the rescheduling of her debt. Our response to this invitation is under consideration.

Mr. Kinnock
asked the Chancellor of the Exchequer what proportion of the Chilean debt is owned by Government and private debtors in Chile to the Export Credits Guarantee Department.

Mr. Dell
Precise figures are not available, but it is estimated that virtually all Chile's total outstanding debt to the United Kingdom has been insured by the Export Credits Guarantee Department.------------
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|Scotland|…|
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|Wales   |…|
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