BRITISH BUSINESS GAIN FROM IRAQ WAR

BRITISH BUSINESS GAIN FROM IRAQ WAR

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July 21, 2022

British companies have benefited from the award of oil contracts in Iraq because of the decision to help overthrow Saddam Hussein’s regime, according to Prime Minister Gordon Brown’s chief foreign policy adviser Simon McDonald. McDonald said UK firms had “done pretty well” in a recent auction of oil rights and that Britain also had “privileged access” to the government of Iraqi Prime Minister Nouri al-Maliki. McDonald, who served as UK Ambassador to Israel before becoming Brown’s adviser in 2007, said Britain was praised in Iraq for helping the country at a crucially important time and that there would be “lasting benefits for that”. “I think they have also given us credit when making key commercial decisions – so in the recent auction of oil rights British firms did pretty well,” he said.