HC Deb 10 July 2003 vol 408 c889W
Mr. Cousins

To ask the Secretary of State for Trade and Industry whether she is seeking repayment of the Export Credit Guarantees Department unrecovered claims from Iraq; and whether she has notified the Coalition administration in Iraq of these unrecovered claims. [124242]

Mr. Mike O'Brien

The Government would like to see a fair and sustainable solution to Iraq's debt problems. We believe the best way to achieve that is through a full assessment by the IMF and the World Bank of Iraq's needs, resources, and obligations, leading to a shared agreement on debt by the Paris Club of official creditors, and comparable treatment by other creditors. The UK is not expecting any payments from Iraq in the near future. The states recognized as occupying powers under unified command are aware of these claims on Iraq.