Qatar: UK Export Finance

Department for International Trade written question – answered on 29th October 2018.

Alert me about debates like this

Photo of Barry Gardiner Barry Gardiner Shadow Minister (Department for Business, Energy and Industrial Strategy) (Energy and Climate Change), Shadow Secretary of State for International Trade

To ask the Secretary of State for International Trade, whether the Government of Qatar has received a direct loan from the Direct Lending Facility; and what the value is of UK Export Finance support to that country.

Photo of Barry Gardiner Barry Gardiner Shadow Minister (Department for Business, Energy and Industrial Strategy) (Energy and Climate Change), Shadow Secretary of State for International Trade

To ask the Secretary of State for International Trade, whether the Government of Qatar has received a direct loan from the Direct Lending Facility relating to its purchase of Typhoon and Hawk aircraft and associated equipment and services.

Photo of Graham Stuart Graham Stuart Assistant Whip, Parliamentary Under-Secretary (Department for International Trade)

Qatar has not received a loan from UK Export Finance’s Direct Lending Facility although an offer has been made to the Government of Qatar should they opt to utilise it. This has not been used to date. The total value of UK Export Finance’s commitments in support of exports to Qatar is just over £5bn made up from guarantees, direct lending and insurances.

The financing support package for Typhoon and Hawk aircraft includes an offer of a direct loan from UK Export Finance’s Direct Lending Facility. This offer has been made to the Government of Qatar should they opt to utilise it.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.