Correspondence

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

Letter from UKEF Accounting Officer to DIT Secretary of State requesting increase in UKEF's cover for Iraq

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Letter from DIT Secretary of State to UKEF Accounting Officer confirming increase in UKEF's cover for Iraq

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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.

Published 16 April 2019