HC Deb 07 July 2003 vol 408 c571W
Mr. Battle

To ask the Secretary of State for Trade and Industry what loans were made by the Government to the Government of Iraq since 1979; how much has been repaid; how much is still owed; and if she will make a statement. [122671]

Mr. Mike O'Brien

The DTI has not been party to any Government to Government loans between the UK and Iraq. However, unrecovered claims resulting from ECGD insuring UK exports or guaranteeing related commercial loans prior to 1991 on Iraq currently amount to £623million.