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Dept of Trade and Industry

Answer

Dr. Cable: To ask the Secretary of State for Trade and Industry, pursuant to her answer of 15 May 2002, Official Report, column 659W, on the Export Credit Guarantees Department, if she will break down the money paid under the Export Credit Guarantees Department (a) in (i) 1999- 2000, (ii) 1998-99 and (iii) 1997-98 to the USSR (Civil Misc), (b) in 2000-01 to Jordan, (c) in 1999-2000 to the Philippines (Civil Aerospace), (d) in 1999-2000 to Indonesia (Civil, Misc), (e) in 1999-2000 to Indonesia, (Civil Aerospace) and (f) in 1999-2000 to Indonesia (Defence) by (A) the company and (B) the project involved; and if she will make a statement. [70553] Ms Hewitt: The table below lists the companies that ECGD has paid claims to and the types of project involved for the requested markets, years and sectors. ECGD seeks to recover claims payments on all cases whether through rescheduling agreements in the Paris Club or negotiations with individual buyers. _________________________________________________________________________________________________. Year Market/Sectors Companies Projects 1997-98 USSR/ Bank of Scotland Electronics plant Civil Misc. HSBC Bank plc Food processing plant Lloyds TSB Line of Credit (*3) Morgan Grenfell and Co Ltd Modernisation and Expansion of Acrylic Fibre plant National Westminster Bank Polypropylene plant Steel Mill Train Information System Vehicle design and development Total Claims £53.2m 1998-99 USSR/Civil Misc. Bank of Scotland Electronics plant HSBC Bank plc Line of Credit (*3) Lloyds TSB Modernisation and Expansion of Acrylic Fibre plant Morgan Grenfell and Co Ltd Polypropylene plant National Westminster Bank Steel Mill Train Information System Vehicle design and development Total Claims £46.1m 1999-2000 USSR/Civil Misc. Bank of Scotland Electronics Plant Deutsche Bank AG London Line of Credit Polypropylene Plant Vehicle design and development Total Claims £37.8m 2000-01 Jordan/Civil Misc. J Henry Schroder and Co Ltd Communications Equipment Total Claims £3.0m 1999-2000 Philippines/Civil Aerospace Credit Agricole Indosuez Civil Aircraft Total Claims £14.9m 1999-2000 Indonesia/Civil Misc. ANZ Banking Group Ltd Airport Security Equipment Barclays Bank plc Bridges Citibank International plc Coal Handling Terminal HSBC Bank plc Diesel Generators Lloyds TSB Hydroelectric Power Station West LB Navigational Aids Radio Studio Equipment Search and Rescue Equipment Ship Loading Equipment TV Studio Vacuum Metalliser Total Claims £15.3m 1999-2000 Indonesia/Civil Aerospace Barclays Bank plc Civil Aircraft Citibank International plc Flight Simulator Lloyds TSB Total Claims £14.5m 1999-2000 Indonesia/Defence ANZ Banking Group Ltd Airforce Training Facility HSBC Bank plc Armoured Vehicles Kleinwort Benson Ltd Flight Simulator Lloyds TSB Ground to Air Missiles West LB Line of Credit (*3) Military Aircraft Military Communications Equipment Naval Simulators Radar Equipment Total Claims £149.8m _________________________________________________________________________________________________.

Secondary information

Type

Written question

Reference

70553; 390 c142-4W

Session

2001-02

Subjects

Companies Debts Finance UK Export Finance Overseas trade Indonesia Jordan Paris Club

Contains statistics

Yes

Link

View this Written question on www.publications.parliament.uk