§ Lord BROCKWAY asked Her Majesty's Government:
§ Whether an agreement has been reached for the United Kingdom to provide loans totalling £9.26 million for the purchase of buses and other imports to facilitate agricultural development in Zambia.
§ Baroness LLEWELYN-DAVIES of HASTOE: Yes. The agreement to provide a loan of £9.26 million at 2 per cent. interest for 25 years with a 7 year grace period was signed in Lusaka on 11th May. £7½ million will be spent mainly on various essential imports for the agricultural sector already agreed between our two Governments and the remaining £1.76 million on 50 Leyland buses for the United Bus Company of Zambia.
§ During President Kaunda's recent visit my right honourable friend the Prime Minister told President Kaunda of the intention of Her Majesty's Government to make available a further £15 million bilateral aid as a contribution to the international assistance to be arranged at the meeting of the World Bank Consultative Group on Zambia at Paris in June.
§ House adjourned at two minutes past nine o'clock.