HC Deb 14 November 1988 vol 140 c399W
Mr. Holland

To ask the Chancellor of the Duchy of Lancaster whether he expects to lead a delegation to the trade fair in December in Baghdad; and whether he expects to make any announcement concerning Iraq's export credit.

Mr. Newton

I visited Baghdad from 4 to 7 November as leader of the United Kingdom delegation to the seventh United Kingdom/Iraq joint commission.

A new financial protocol was agreed which will enable United Kingdom exporters to take advantage of increased ECGD backed credits totalling £340 million for contracts signed in 1989. £65 million of this is specifically related to the contract won by NEI for the provision of power-generating equipment for the Al Shemal power station.

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