INDEPENDENT NEWS

Cablegate: Iraq Reconstruction Through Export Credit Agency

Published: Wed 10 Nov 2004 12:03 PM
This record is a partial extract of the original cable. The full text of the original cable is not available.
101203Z Nov 04
UNCLAS AMMAN 009112
SIPDIS
STATE FOR NEA/I - L. BYERGO
E.O. 12958: N/A
TAGS: ECON EFIN PGOV JO IZ
SUBJECT: IRAQ RECONSTRUCTION THROUGH EXPORT CREDIT AGENCY
AGREEMENTS: JORDAN
REF: STATE 228304
1. Jordan does not have a government-operated export credit
agency (ECA) similar to the Export-Import Bank. The closest
entity similar to an ECA would be the Export & Finance Bank,
a public shareholding company based in Amman that is engaged
in privately funded export credits. A senior contact in the
Jordanian Ministry of Industry and Trade did not believe that
an EXIM bank type government ECA operation would be set up
any time soon. Post therefore did not take action requested
in reftel.
2. Baghdad minimize considered.
HALE
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