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Iraqi Assets

Volume 199: debated on Thursday 28 November 1991

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To ask the Secretary of State for Foreign and Commonwealth Affairs by what means will Iraqi assets unfrozen on 22 November be allocated to the Iraqi Government.

Iraqi assets will be unfrozen only for direct payment to United Kingdom exporters of goods of British origin covered by a valid licence issued for the export of food, medicine and other humanitarian goods permitted under United Nations Security Council resolutions 661 and 687.

To ask the Secretary of State for Foreign and Commonwealth Affairs whether he will list details of those items that can be purchased with unfrozen Iraqi assets.

Iraqi assets unfrozen in this country can be used only to purchase from the United Kingdom food, medicine and other humanitarian goods as permitted under United Nations Security Council resolutions 661 and 687.

To ask the Secretary of State for Foreign and Commonwealth Affairs what restrictions will be imposed on the use of Iraqi unfrozen assets.

Iraqi assets unfrozen in this country may be used only to pay for exports from the United Kingdom of food, medicine and other humanitarian goods as permitted under United Nations Security Council resolutions 661 and 687.