Question
To ask the Secretary of State for Business, Innovation and Skills, for what reason the value of extant standard individual export licences to Israel and the Occupied Palestinian Territories fell from £7.9 billion, as stated in his letter of 12 May 2014 to the hon. Member for Tonbridge and Malling, to £93 million, as stated in his letter of 15 December 2014 to the same hon. Member.
The difference is accounted for by one licence, to the value of £7.7 billion, which was surrendered unused by the exporter in August 2014 and therefore ceased to be extant.