PARLIAMENTARY WRITTEN QUESTION
UK Export Finance: China (19 September 2023)

To ask the Secretary of State for Business and Trade, whether UK Export Finance is considering applications for trade (a) finance and (b) insurance for projects delivered by Chinese companies operating in Africa.

Asked by:
Sir Iain Duncan Smith (Conservative)

UK Export Finance (UKEF) helps UK exporters access finance and insurance on commercial terms to support them to win business overseas, fulfil orders and get paid. UKEF follows the UK government’s policy towards China set out in the Integrated Review Refresh 2023 and elsewhere.

UKEF's deals in all countries go through an extensive due diligence process to take account of relevant UK Government policies, applicable sanctions and other relevant bars as well as meeting high international environmental, social and human rights standards.

UKEF is unable to comment on pending applications for the department’s support for reasons of commercial sensitivity. Details of business supported by UKEF can be found in its Annual Report and Accounts for the relevant year which are available online here.

Answered by:
Nigel Huddleston (Conservative)
17 October 2023