Written Question·Department for Business and Trade·UIN 11498
INEOS: Belgium
Tabled: 28 October 2024
Answered: 5 November 2024
Question
Brian Leishman
Labour — Alloa and Grangemouth
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
Gareth ThomasUK 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...
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