§ Sir Thomas ArnoldTo ask the Chancellor of the Exchequer when the next meeting of the Paris Club is scheduled to take place; whether the question of Cuba's public sector indebtedness will be on the agenda; and if he will make a statement.
§ Mr. NelsonThe next meeting of the Paris Club is scheduled to take place during the week beginning 21 March 1994. Cuba is not on the agenda.
Cuba's debt position was last discussed by the Paris Club in January. Creditors agreed to consider an application for rescheduling for Cuba during the course of 1994, subject to there being a genuine balance of payments need.
§ Sir Thomas ArnoldTo ask the Chancellor of the Exchequer what is the extent of Cuba's public sector indebtedness to the United Kingdom, including interest.
§ Mr. NelsonCuba's current outstanding debts with the United Kingdom total £69.82 million, all of which are owed to the Export Credits Guarantee Department.