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Lord Biffen
asked Her Majesty's Government:What has been the trend in Anglo-Georgian trade since 1996; what are the prospects for improvement; and whether Export Credit Guarantee cover will be made available for this business. [HL1104]
Lord Sainsbury of Turville
The level of UK Trade has grown since 1996 as set out in the table below.
Georgia | 1996 | 1997 | 1998 | 1999 | 2000 |
UK imports (£m) | 0.579 | 1.257 | 3.222 | 3.67 | 14.22 |
UK exports (£m) | 3.784 | 12.10 | 20.991 | 14.68 | 12.20 |
Total trade (£m) | 4.363 | 13.357 | 24.113 | 18.35 | 26.42 |