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Egypt: Mubarak Family Assets — Question

Part of the debate – in the House of Lords at 11:29 am on 16 February 2011.

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Photo of Lord Sassoon Lord Sassoon The Commercial Secretary to the Treasury 11:29, 16 February 2011

My Lords, there are a number of potential courses of action, but the principal one now is working with our EU partners, following a similar route to the one that was adopted in relation to Tunisia. My Right Honourable Friend the Chancellor discussed the issue with his colleagues in the context of the ECOFIN meetings earlier this week. EU diplomats are discussing the issue this week and it will be on the agenda of the Foreign Affairs Council meeting on Monday 21 February. It could decide to request the Commission to draw up a regulation similar to the one that was drawn up on Tunisia, which would be enforceable in all EU member states.

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