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10.3  |  Reconstruction: oil, commercial interests, debt relief, asylum and stabilisation policy
The US also wanted to make clear that military operations would not be paid for out of
Iraqi oil money.
176.  Ms Patricia Hewitt, the Trade and Industry Secretary, wrote to Mr Blair on
13 March seeking confirmation that she could, if necessary, signal the UK’s agreement
to the release of a modest amount of the IEA’s oil stocks, to reassure oil markets.91
She described the oil markets as “extremely nervous”.
177.  No.10 replied the following day, confirming that while Mr Blair agreed the broad
approach proposed, he would like to be consulted before any final decision was taken.92
178.  On 14 March, the FCO instructed the UK Permanent Mission to the UN in New
York to start discussions with the US delegation on a possible resolution to modify the
OFF programme and sanctions regime in the event of military action and the absence of
an “effective Iraqi Government”.93 The FCO believed that that resolution might best be
tabled immediately after the start of military operations.
179.  The UK wanted the OFF programme to continue “for some time”, to enable Iraq to
export oil and import and distribute humanitarian goods until new government structures
existed that could take on those functions.
180.  The FCO proposed that to enable the OFF programme to continue, the UN
Secretary-General should fulfil a number of functions that were currently reserved for the
Iraqi Government, including the authority to spend OFF programme funds.
181.  The UK position was summarised in the FCO background papers for the Azores
Summit, sent to No.10 on 15 March:
“If the Iraqi regime falls, new arrangements will need to be put in place to enable
the OFF to keep functioning. Our current plan is to table a resolution soon after
conflict starts, transferring authority for ordering and distributing goods to the
UN Secretary‑General … [W]e would hope that the Secretary-General would be
able to transfer full control over oil revenues to a properly representative Iraqi
Government as soon as possible (not as the US have suggested, an Iraqi ‘entity’,
which could, particularly if US appointed, fuel suggestions that the Coalition was
seeking to control Iraqi oil).”94
91 Minute Hewitt to Blair, 13 March 2003, ‘Iraq and the oil market’.
92 Letter Jones to Zimmer, 14 March 2003, ‘Iraq and the oil market’.
93 Telegram 149 FCO London to UKMIS New York, 14 March 2003, Iraq – Military Action – Sanctions and
Oil for Food – Strategy Paper.
94 Letter Owen to Rycroft, 15 March 2003, ‘Azores Summit’ attaching Paper FCO, ‘Iraq – Oil for Food
Programme (OFF) and Sanctions’.
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