Overseas Trade: Iraq:Written question - 60312

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Asked on: 17 January 2017
Department for International Trade
Overseas Trade: Iraq
Commons
To ask the Secretary of State for International Trade, what recent steps his Department has taken to promote bilateral trade between the UK and Iraq; and if he will make a statement.
A
Answered by: Mark Garnier
Answered on: 20 January 2017

The Department for International Trade (DIT) are actively building bilateral trade links between the UK and Iraq, supported by the work of the Iraq Britain Business Council and the PM Trade Envoy to Iraq Baroness Nicholson.

The Ambassador regularly raises trade issues with Prime Minister Abadi and in the last six weeks, along with DIT colleagues, has met with the President of Iraq and the Ministers of Electricity, Construction, Oil and Transport to support commercial opportunities for British companies. As a result, DIT has helped British companies win significant contracts in the air services, security and infrastructure sectors, with British companies competing for more business.

The full range of medium and long-term UK Export Finance (UKEF) facilities is available to support UK exports to Iraq. UKEF has received expressions of interest from a number of businesses across a range of sectors. In December, UKEF supported UK exporter Biwater to deliver water treatment solutions in the Kurdistan Region of Iraq.

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