Department for Business and Trade written question – answered am ar 30 Gorffennaf 2024.
James Cartlidge
Shadow Secretary of State for Defence
To ask the Secretary of State for Business and Trade, with reference to the £3.5 billion defence export finance deal for Ukraine, announced on 18 July 2024, whether the finance provided will be subject to UK Export Finance’s Transition Export Development Guarantee.
Justin Madders
Minister of State (Department for Business and Trade), Parliamentary Under Secretary of State (Department for Business and Trade)
UK Export Finance's Export Development Guarantee product helps companies who export from, or plan to export from the UK, access high value loan facilities for general working capital or capital expenditure purposes. The risk associated with this product remains centred in the UK, and consequently does not impact UKEF’s market limit for Ukraine.
Yes1 person thinks so
No1 person thinks not
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