Written question asked by Adam Price (Plaid Cymru) on Thursday, 14 March 2002, in the House of Commons. It was due for an answer on Tuesday, 30 April 2002. It was answered by Clare Short (Labour) on Tuesday, 30 April 2002 on behalf of the Department for International Development.

Dept for International Development

Question: To ask the Secretary of State for International Development, what conditions to the loan to LNM/Ispat for the purchase of SIDEX were (a) sought and (b) obtained by the British representatives of the European Bank for Reconstruction and Development.

Answer: Adam Price: To ask the Secretary of State for International Development what conditions to the loan to LNM/Ispat for the purchase of SIDEX were (a) sought and (b) obtained by the British representatives of the European Bank for Reconstruction and Development. [44576] Clare Short: None. The EBRD negotiates appropriate financial and other conditions with individual clients. In accordance with its mandate, these typically include conditions designed to enhance both the transition and environmental impact of the project.

Secondary information

Type: Written question
Reference: 44576; 384 c748W;384 c747-8W
Session: 2001-02
Subjects: Iron and steel Manufacturing industries Loans Romania Takeovers LNM Group European Bank for Reconstruction and Development Sidex Mittal, Lakshmi
Link: View this Written question on www.publications.parliament.uk