Arms Exports (Indonesia)

Trade and Industry written question – answered on 14th March 2005.

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Photo of Malcolm Bruce Malcolm Bruce Shadow Secretary of State for Business, Innovation and Skills, Shadow Secretary of State for Trade and Industry

To ask the Secretary of State for Trade and Industry pursuant to the Answer of 13 January 2005,Official Report, column 627W on Arms Exports (Indonesia), what the estimated cost to the Government of rescheduling Indonesia's debts is.

Photo of Douglas Alexander Douglas Alexander Minister of State (Foreign and Commonwealth Office) (Trade) (also Department of Trade and Industry), Minister of State (Department of Trade and Industry) (Trade) (also Foreign and Commonwealth Office)

The rescheduling of Indonesia's debt has not resulted in a cost to the Exchequer; as it has not reduced the value of Indonesia's debt.

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