§ Mrs. ClwydTo ask the Secretary of State for Foreign and Commonwealth Affairs if debt relief and rescheduling agreed for developing countries under the Trinidad terms is accounted for as positive aid receipts by the Overseas Development Administration; and by what criteria the Overseas Development Administration judges that debt relief equates to official development assistance.
§ Mr. Douglas HoggDebt relief under Trinidad terms is counted as a positive flow of official development 91W assistance in accordance with directives agreed by the OECD's Development Assistance Committee (DAC). Trinidad terms directly benefit developing countries by significantly reducing their foreign exchange obligations. Eight countries have already benefited and we expect more to do so over the coming months.