Question to the Department for International Trade:
To ask the Secretary of State for International Trade, whether any export credit guarantees relating to Iran have been written off in the past 10 years.
In relation to export credit guarantee instalments that have fallen due in the past ten years, Iran has repaid principal and contractual interest in full. In alignment with other export credit agencies, UK Export Finance (UKEF) has written off default interest. UKEF does not have any outstanding export credit guarantees relating to Iran at present.