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EXPORT CREDIT GUARANTEES ON ARMS EXPORTS

Early day motion 191, tabled 13 December 1999 by Baroness Tonge (Liberal Democrat). Signed by 118 members.

That this House welcomes Her Majesty's Government's current review of the Export Credits Guarantee Department; is pleased that the review will be fundamental and cover issues beyond those strictly financial, especially how the ECGD can help Her Majesty's Government achieve its wider, sustainable development commitments; further welcomes the statement by Michael Camdessus, Chairman of the International Monetary Fund, that governments should abolish export credit for military purposes; believes that the ECGD must be made more accountable and transparent; further believes that it should have a clear remit to consider development, environment, human rights and security concerns when making its decisions; and calls on Her Majesty's Government to end export credit guarantees for military equipment and to negotiate a European Union-wide ban on the availability of export credit for military exports.

Signatures by party: Labour 72, Liberal Democrat 33, Labour/Co-operative 5, Plaid Cymru 3, Scottish National Party 3, Independent 1, UKUP 1.