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Department for International Trade written question – answered on 10th July 2017.

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Photo of Viscount Waverley Viscount Waverley Crossbench

Her Majesty's Government what criteria they apply for allocating export finance facilities.

Photo of Lord Price Lord Price The Minister of State, Department for International Trade

UK Export Finance sets its total risk appetite for each country by taking into account the size of that country's economy and the level of risk. Its assessment framework is aligned with that used by the credit rating agency, Standard & Poor's (S&P), but is additionally informed by cross-Whitehall forums, local UK diplomatic representatives, OECD country risk expert meetings and country visits, where appropriate.

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