Middle East Economic Survey

VOL. LII

No 28

13-Jul-2009

IRAQ

UKs ECGD Back On Cover For Iraq

The UKs export credit agency (ECA), the Export Credits Guarantee Department (ECGD), announced on 7 July it was back on cover for Iraq effective immediately given the improvement in security and economic progress. ECGD has not provided medium-term cover since Iraqs invasion of Kuwait in 1990, but will now offer a limited amount of cover on a first-come, first-served basis. Coincidentally, ECGDs announcement...