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20 Jun 2003 : Column 494W—continued
ECGD
Dr. Cable: To ask the Secretary of State for Trade and Industry if she will list the payments made by the ECGD on contracts with a value in excess of £500,000 in each year since 1997, broken down by country. [119836]
Ms Hewitt: This question cannot be answered except at disproportionate cost. However, for each of the financial years 1997–98 to 2002–03 I have provided a list showing the total value of ECGD claims by each of the defaulting buyers' host countries.
Figures for 2002–03 are provisional.
20 Jun 2003 : Column 495W
Dr. Cable: To ask the Secretary of State for Trade and Industry if she will list the reinsurance contracts underwritten by ECGD including in each case (a) the reinsured party, (b) the underlying insured party and risk covered, (c) the cover provided and (d) the amounts paid in respect of these contracts, for each year since 1997. [119852]
Ms Hewitt: Since the start of 1997, ECGD has provided reinsurance to other Export Credit Agencies (ECAs) under Co-operation Agreements on 21 occasions in respect of medium/long-term business.
20 Jun 2003 : Column 496W
Under the terms of the privatisation of its short-term underwriting business in 1991, ECGD has provided reinsurance in respect of short-term business underwritten by UK NCM (Gerling) Credit Insurance Ltd.. on four occasions.
In respect of all 25 cases the cover provided has been reinsurance of all risks covered. The information requested on all cases is provided in the following two tables:
| (a) Reinsured ECA | (b) Underlying insured party | Buyer type | Market | (d) Claims paid (£) | Guarantee date |
|---|---|---|---|---|---|
| Coface (France) | Matra Marconi Space UK Ltd. | Corporate | Singapore | 0 | 1997 |
| Coface (France) | Matra Marconi Space UK Ltd. | Public | Taiwan | 0 | 1997 |
| Coface (France) | MBDA UK Ltd. | Sovereign | Kuwait | 0 | 1999 |
| Hermes (Germany) | VAI Industries (UK) Ltd. | Corporate | Brazil | 0 | 2001 |
| OND (Belgium) | Kier Construction Ltd. | Corporate | India | 0 | 2000 |
| Hermes (Germany) | Matcon Ltd. | Corporate | Croatia | 0 | 1998 |
| Coface (France) | Cooper Rolls Ltd. | Corporate | United Arab Emirates | 0 | 2000 |
| Hermes (Germany) | Powergen UK Plc | Sovereign | Mexico | 0 | 1999 |
| Hermes (Germany) | VAI Industries (UK) Ltd. | Sovereign | Croatia | 0 | 1999 |
| Coface (France) | Trane (United Kingdom) Ltd. | Corporate | Turkey | 0 | 1999 |
| Coface (France) | Alstom Power UK Ltd. | Corporate | Algeria | 0 | 2001 |
| Coface (France) | Alstom Power Plants Ltd. | Sovereign | Turkey | 0 | 2001 |
| Hermes (Germany) | Motherwell Bridge Engineering Ltd. | Corporate | Dominican Republic | 0 | 2000 |
| Sace (Italy) | Saipem UK Ltd. | Corporate | Russian Federation | 0 | 2001 |
| Oekb (Austria) | VAI Industries (UK) Ltd. | Corporate | Brazil | 0 | 2001 |
| Sace (Italy) | Skanska Construction UK Ltd. | Sovereign | Iran (Islamic Republic of) | 0 | 2001 |
| Sace (Italy) | Shell research Ltd. | Public | Iran (Islamic Republic of) | 0 | 2002 |
| Hermes (Germany) | Traffic Safety Systems Ltd. | Sovereign | Romania | 0 | 2002 |
| Export-Import Bank of the United States | Rolls-Royce Plc | Corporate | Luxembourg | 0 | 2002 |
| Export-Import Bank of the United States | Rolls-Royce Plc | Corporate | Israel | 0 | 2002 |
| Coface (France) | MBDA UK Ltd. | Sovereign | United Arab Emirates | 0 | 2002 |
| (a) Reinsured short-term insurer | (b) Underlying insured party | Buyer type | Market | (d) Claims paid (£) | Guarantee date |
|---|---|---|---|---|---|
| NCM Credit Insurance Ltd. | Marconi Corporation Plc | Corporate | Germany | 0 | 1998 |
| NCM Credit Insurance Ltd. | Royal Ordnance Plc | Sovereign | Singapore | 0 | 1998 |
| NCM Credit Insurance Ltd. | BAE Systems (Defence Systems) Ltd. | Public | United Arab Emirates | 0 | 1997 |
| NCM Credit Insurance Ltd. | Rolls-Royce Industrial Power (India) Ltd. | Corporate | Canada | 0 | 1998 |
20 Jun 2003 : Column 497W
Electronics Industry
Brian Cotter: To ask the Secretary of State for Trade and Industry pursuant to her answer of 3 June 2003, Official Report, column 326W, on the electronics industry, if she will make a statement on how the £100 million per annum to improve the skills base for electronics is to be spent. [120928]
Mr. Timms: By 2005–06 the Government will be investing an extra £100 million per annum to:
- increase the minimum PhD stipend to £12,000
increase funds for PhD training
provide 1,000 new academic fellowships over five years
increase post-doctoral training
increase post-doctoral research pay by around £4,000
Equal Pay
Angela Eagle: To ask the Secretary of State for Trade and Industry what progress has been made on completing a pay audit in her Department and its non-departmental public bodies to measure any disadvantage in terms of remuneration for (a) women, (b) ethnic minorities and (c) people with disabilities; and if she will publish the results of such an audit. [117430]
Ms Hewitt: DTI HQ, DTI Agencies and DTI NDPBs have all completed equal pay reviews. The majority, including DTI HQ, have focused on identifying any gender pay gaps that might exist but a number of the Agencies and NDPBs for which I have responsibility have additionally examined factors such as ethnicity, disability and age.
It is my intention to place copies of the action plans for DTI HQ and DTI Agencies in the Libraries of the House in due course.
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