HC Deb 14 March 1991 vol 187 c628W
Mr. Nicholas Winterton

To ask the Secretary of State for Trade and Industry if he will make a statement giving details of the assistance which is being provided by his Department to those United Kingdom companies which face delayed time of completion penalty clauses in contracts with Iraq.

Mr. Sainsbury

[holding answer 11 March 199]: My Department is giving urgent consideration to what further measures might be taken to ensure that, as far as is possible, companies do not find themselves liable to penalties as a result of being unable to fulfil contracts because of sanctions. The Export Credits Guarantee Department will consider, and is considering, claims from its customers in accordance with the terms of the policies they hold.