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10.3  |  Reconstruction: oil, commercial interests, debt relief, asylum and stabilisation policy
590.  A short Cabinet Office paper offered Mr Blair a “few OD Sec points, just in case
they slip through the briefing”.344 Those included:
Agree the importance of transparency in the use of oil revenues. Argue for
a level playing field for UK companies on new exploration contracts.”
591.  The record of the meeting between President Bush and Mr Blair does not show
any discussion of oil issues.345
592.  Officials from TPUK, the FCO, the Export Credit Guarantee Department (ECGD)
and a representative from the British Consultants and Contractors Bureau (BCCB) met
on 7 February to discuss post-conflict commercial issues.346
593.  Following that meeting, Mr Henderson provided a further update for Baroness
Symons on TPUK’s contingency planning. He advised that:
“Until now, most of our [TPUK] meetings have involved only internal players, and
have been relatively low key, in view of our wish to avoid giving undue prominence
to the commercial aspects of HMG’s handling of the crisis. The participation of
BCCB in this meeting marked a new phase of our planning process.”
594.  The meeting had concluded that the assistance needed by UK companies would
fall into three categories:
During “Stage 1”, a small number of UK companies would want UK Government
help to gain quick access to infrastructure that they had installed in Iraq, as part
of the humanitarian and reconstruction effort but also “to protect their competitive
advantage”. Planning would require close consultation with the MOD.
During “Stage 2”, TPUK would provide UK companies with information
on opportunities arising from the initial stages of the humanitarian and
reconstruction effort.
During “Stage 3”, TPUK would help UK companies position themselves to take
advantage of short- and medium-term reconstruction contracts. Close contact
with the US would be a key factor.
595.  Mr Henderson advised that UK companies were arguing strongly that the UK
Government should press the US Government to guarantee a “level playing field” for UK
companies on reconstruction contracts, including for oil and gas contracts. Six business
representatives had recently written to Baroness Symons, expressing their concern that
the UK was not extracting sufficient commercial advantage from its support for the US.
344 Minute Drummond to Rycroft, 28 January 2003, ‘Iraq: US Visit’.
345 Letter Manning to McDonald, 31 January 2003, ‘Iraq: Prime Minister’s Conversation with President
Bush on 31 January’.
346 Minute Henderson to Symons, 12 February 2003, ‘Iraq: Post-Conflict Commercial Issues’.
463
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