§ Mr. Deakins
asked the Secretary of State for Defence what are the payment arrangements for United Kingdom arms exported to Third world countries; and what are the terms of any credit given.
§ Mr. Lee
When selling arms to Third world and other countries a number of factors need to be taken into consideration including the nature of the equipment, the state of the economy of the customer and the value of the sale. Payment arrangement and credit terms vary in accordance with these factors.