UK Export Finance increases cover for Iraq
The UK government supports increase in UK Export Finance's cover for Iraq to £2 billion to enable further priority projects in the country.
Documents
Details
The first letter is from the UK Export Finance (UKEF) Chief Executive and Accounting Officer to the Department for International Trade (DIT) Secretary of State. It requests an increase in UKEF’s market capacity limit for Iraq from £1 billion to £2 billion. The reasons for the request are set out in this letter.
The second letter is from the DIT Secretary of State to the UKEF Chief Executive and Accounting Officer. It confirms the ministerial direction to increase UKEF’s market capacity limit for Iraq by £1 billion.