Business, Innovation and Skills written question – answered at on 17 January 2011.
Lisa Nandy
Labour, Wigan
To ask the Secretary of State for Business, Innovation and Skills what (a) interest and (b) charges are added to the debt owed by Sudan to the Export Credits Guarantee Department.
Mark Prisk
The Minister of State, Department for Business, Innovation and Skills
Sudan's external debts were rescheduled under four bilateral debt agreements between 1979 and 1984. No payments have been received since May 1984. The total interest that has accrued up to
Sudan is a heavily indebted poor country (HIPC) and it is the Government's policy not to seek payment of debts owed by HIPCs.
Yes2 people think so
No2 people think not
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