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Al-Yamamah Arms Agreement

I appreciate the hon. Gentleman’s point, but I am interested in trying to understand whether with the benefit of hindsight he still considers that the deal was bad for Britain. That was not quite the impression that I had of a deal that had apparently delivered £40 billion of commercial benefits. If we look at the matter commercially, is he now saying that those opinions were right and that the deal was wrong? Or is he actually, as he develops his speech, pointing out how wrong some people were back in the 1980s about whether the deal would endure and confer benefits on the country?