To ask the Secretary of State for International Trade, how much has UK Export Finance invested in Qatar for the purchasing of military aircraft.
25 June 2019
UK Export Finance (UKEF) has no investments in Qatar. In 2018, UKEF provided a package of loans, guarantees and insurance with a value of around £4.2 billion (not taking into account amounts reinsured by other ECAs) in respect of the sale of 24 Typhoon and 9 Hawk aircraft and associated goods and services by UK companies BAE Systems and MBDA UK to the State of Qatar.
UKEF has published details of its support for these contracts in its Annual Report and Accounts 2018-19 (pages 55-56) which has been presented to Parliament and can be found on UKEF’s website.
This package is the only instance of UKEF support for the sale of military aircraft to Qatar.