INEOS: Belgium
Commons · Question 11498 · Tabled 28 Oct 2024 · Department for Business and Trade · Official record
Answered 5 Nov 2024
Question
Asked by Brian Leishman
To ask the Secretary of State for Business and Trade, for what reason the Government issued a guarantee to commercial lenders for the INEOS Belgium project.
Answer
Answered by Gareth Thomas, 5 Nov 2024
UK Export Finance’s (UKEF’s) support for the INEOS Project One plant secures new export opportunities for the UK by enabling an overseas buyer to finance the purchase of goods, services and/or intangibles from UK suppliers.As the UK’s export credit agency...