TNAG-2029-FCO40-2891-Hong-Kong-freezing-of-Kuwaiti-and-Iraqi-assets-1990 — Page 177

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

CONFIDENTIAL

HKB 020/26

CONFIDENTIAL

FM FCO

TO IMMEDIATE WASHINGTON

TELNO 1575

OF 071815Z SEP 90

AND TO IMMEDIATE ESC LONDON, ACTOR

m

INFO ROUTINE UKMIS NEW YORK, UKREP BRUSSELS, UKDEL OECD

144

171120

MDHOAN 6292

YOUR TELNO 2141: IRAQI SANCTIONS

1.

OUR VIEW IS THAT SERVICES CALCULATED TO PROMOTE EXPORT OF GOODS FROM IRAQ OR KUWAIT OR SUPPLY OF GOODS TO IRAQI OR KUWAITI CONTROLLED COMPANIES OR PERSONS ARE COVERED BY UN SCR 661. THERE ARE, HOWEVER, SERVERAL TYPES OF IRAQI-LINKED ACTIVITY WHICH ARE NOT COVERED ENTIRELY BY UNSCR 661, INCLUDING SOME TYPES OF SHIPPING. WE REGARD MANY AS UNDESIRABLE, BUT NOT ALL, EG TRANSPORT OF THOSE FLEEING IRAQ, AND OF HUMANITARIAN SUPPLIES.

2. MINISTERS HAVE THEREFORE DECIDED TO AMEND EXISTING PERMISSIONS UNDER THE TREASURY DIRECTIONS IMPOSING THE FREEZES OF IRAQI AND KUWAITI ASSETS SO THAT PAYMENT OF INSURANCE CLAIMS (EVEN INTO BLOCKED ACCOUNTS) IS PROHIBITED EXCEPT WITH DTI AUTHORISATION. THIS WILL ENABLE US EFFECTIVELY TO DEPRIVE THE IRAQIS OF THE BENEFITS OF INSURANCE COVER ON THE LONDON MARKET OF ANY VESSELS TRADING UNDER THE IRAQI FLAG, BUT LEAVE US POWER TO MAKE NECESSARY EXCEPTIONS.

3=

EARLY ANNOUNCEMENT IS LIKELY.

PLEASE INFORM STATE

DEPARTMENT OF SUBSTANCE OF PARAS 1 AND 2. DETAILS OF ANNOUNCEMENT WILL FOLLOW.

HURD

YYYY

MAIN

223

IRAQ/KUWAIT (UND) LIMITED

DISTRIBUTION

267

MED

PAGE

CONFIDENTIAL

1

ADDITIONAL

44

IRAQ/KUWAIT

MAFF

(PASSED TO EMERGENCY UNIT)

NNNN

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