Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what estimate UK Export Finance made of the potential value of (a) goods and (b) services from UK (i) businesses contracted directly by and (ii) supply chain businesses that will be used in INEOS Project One, Belgium as a result of the support it has committed to that project.

UK Export Finance’s (UKEF’s) support for export transactions is conditional on the inclusion of UK goods and services, with a general requirement that there should be at least 20% UK content relative to the value of its support. In this instance, UKEF support has already secured over €200 million of UK content into this project.