Export Credit Guarantees: Iran

Department for International Trade written question – answered on 30th May 2022.

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Photo of Tulip Siddiq Tulip Siddiq Shadow Minister (Treasury)

To ask the Secretary of State for International Trade, with reference to the Answer of 28 April 2022 to Question 157459 on Export Credit Guarantees: Iran, whether the £28.4 million debt owed by Iran to UK Export Finance (UKEF) has (a) been closed or (b) is still being pursued by UKEF following the settlement of the IMS dispute in March 2022.

Photo of Mike Freer Mike Freer Assistant Whip, Parliamentary Under-Secretary (Department for International Trade), Parliamentary Under Secretary of State (Foreign, Commonwealth and Development Office) (Minister for Equalities)

The IMS portion of the debt has been closed and will no longer be pursued.

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