The U.S. Export-Import Bank: No Evidence of Financing Restricted Chemical Exports to Iraq

Pursuant to a congressional request, GAO reviewed U.S. Export-Import Bank (Eximbank) transactions involving chemicals exported to Iraq from January 1987 to August 1990, focusing on: (1) whether there was evidence that Eximbank financed the export of dual-use chemicals to Iraq; and (2) the Eximbank role in monitoring and controlling exports.