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10.3  |  Reconstruction: oil, commercial interests, debt relief, asylum and stabilisation policy
221.  Mr Blair and President Bush discussed post-conflict issues at Camp David on
26 and 27 March.118
222.  In advance of the meeting, Mr Straw’s Private Office sent Mr Rycroft a negotiating
brief for what was to become resolution 1483, the resolution defining the roles of the UN
and the Coalition in post-conflict Iraq.119
223.  The negotiating brief, prepared by the IPU, identified five “key issues” on which US
and UK positions differed, including the arrangements for dealing with Iraqi oil revenues:
“Some in the US are … tempted to arrogate to themselves charge of the direction
of a Trust Fund for Iraqi oil and other revenues, which will be used for meeting the
costs of their administration of Iraq as well as for reconstruction … this will open
them (and by association us) to criticism that they are reneging on their promise
to devote the oil revenues exclusively to the Iraqis.”
224.  Such a proposition had “nil chance” of approval by the Security Council:
“Either the UN or the Iraqis themselves (perhaps with World Bank/IMF help) must
be seen to be in control of Iraqi revenues – certainly not the Coalition.”
225.  The brief concluded that, overall, the US approach amounted to:
“… asking the UNSC [Security Council] to endorse Coalition military control over
Iraq’s transitional administration, its representative institutions and its revenues until
such time as a fully-fledged Iraqi government is ready to take over.”
226.  The brief set out a number of “propositions” which the IPU hoped Mr Blair and
President Bush would agree, including:
“The UN or the Iraqis, not the Coalition, should manage oil revenues.”
227.  Also as briefing for the meeting, Mr Straw sent Mr Blair an FCO paper on Phase IV
issues.120
228.  The FCO advised that, on oil sector management, the US and UK agreed that the
“overarching principles” were:
disruption to the flow of Iraqi oil should be minimised;
Iraq’s oil wealth should be used for the benefit of the Iraqi people; and
118 Letter Manning to McDonald, 28 March 2003, Prime Minister’s Meeting with President Bush at Camp
David: Dinner on 26 March’.
119 Letter Owen to Rycroft, 25 March 2003, ‘Prime Minister’s Visit to Washington: Iraq: UN Security Council
Resolution on Phase IV’ attaching Paper Iraq Planning Unit, 25 March 2003, ‘Iraq: Phase IV: Authorising
UNSCR’.
120 Letter Straw to Prime Minister, 25 March 2003, ‘Camp David: Post-Iraq Policies’ attaching Paper FCO,
25 March 2003, ‘Iraq: Phase IV Issues’.
407
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