Asked by: Barry Gardiner (Labour - Brent North)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what his Department's assessment was of the UK Export Finance proposal to provide financing support for the export of Typhoon aircraft and associated equipment and services to the Government of Qatar; and if he will place a copy of that assessment in the Library.
Answered by Elizabeth Truss
The Treasury gave consent to UK Export Finance (UKEF) to provide financing support for the export of Typhoon aircraft, associated equipment and services to the Government of Qatar on national interest grounds. The Treasury works closely with UKEF to assess the risks to the Exchequer arising from such support. To ensure effective assessments can be made, detailed commercially sensitive information is required. Were these assessments to be published, it would inhibit UKEF's ability to obtain the information required to consider transactions and would ultimately limit their ability to support UK exporters.