§ Mr. Spearingasked the Minister of Overseas Development when she expects allocation by the European Development Fund of the EEC of the 9.5 million units of account that is expected to be available to the new ACP States of Cape Verde, Sao Tomé and Papua New Guinea; and on what published criteria any grants will depend.
§ Mr. TomlinsonOn the first point I cannot add at present to my reply on 16th December.—[Vol. 941, Part II, c.475.]
The Lomé Convention lays down that those ACP States classed under it as "least developed" will generally receive assistance in grant form, though they may also receive special loans or risk capital in appropriate cases. It has been agreed that Cape Verde and Sao Tomé will be classsed as "least developed". A request from Papua New Guinea for this status is still being considered.