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Written question asked by Peter Luff (Conservative) on Tuesday, 10 January 2006, in the House of Commons. It was due for an answer on Thursday, 12 January 2006. It was answered by Alun Michael (Labour) on Thursday, 19 January 2006 on behalf of the Department of Trade and Industry.


Cape Town Treaty

Question
To ask the Secretary of State for Trade and Industry what assessment he has made of the effects of the Cape Town treaty on the purchase of more efficient and less environmentally damaging new aircraft in developing nations.
Answer

The convention and protocol may help to facilitate the financing of new aircraft in developing nations which ratify these instruments but no such specific assessment has been made. It is for each lending institution to make its own assessment of the likely impact of the convention and protocol in arriving at any decision to finance new aircraft.


Secondary information

Type
Written question
Reference
42029; 441 c1508W;441 c1507W
Session
2005-06
Subjects
Aviation Developing countries Aircraft Finance Leasing Procurement Treaties
Link
View this Written question on www.publications.parliament.uk