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Written question asked by Lord Hague of Richmond (Conservative) on Tuesday, 24 April 2007, in the House of Commons. It was due for an answer on Thursday, 26 April 2007. It was answered by Ian McCartney (Labour) on Thursday, 3 May 2007 on behalf of the Department of Trade and Industry.


Iran: Export Credit Guarantees

Question
To ask the Secretary of State for Trade and Industry what his role is in decisions on whether to approve export credit guarantees to companies wishing to trade with Iran; and if he will make a statement.
Answer

In the light of recent developments with Iran, ECGD is required to consult Ministers before approving any applications for export credit cover. No applications for cover are currently being processed pending clarification on the applicability of UN Security Council resolution 1747 to the provision of export credits. In any event, there has been a sharp decline in demand for cover for Iran.


Secondary information

Type
Written question
Reference
134329; 459 c1816W
Session
2006-07
Related items
Iran: Export Credit Guarantees
Tuesday, 30 October 2007
Written questions
House of Commons
Subjects
Export credit guarantees Iran
Link
View this Written question on www.publications.parliament.uk