§ Mr. Ian Lloydasked the Chancellor of the Exchequer whether the repayment of British international loan obligations will be affected by the decision to cancel over £1,000 million development loans announced at Geneva.
§ Mr. Robert SheldonNo. The Government have undertaken, together with all other developed industrial countries represented at the ministerial meeting of the UNCTAD Trade and Development Board, to seek to adopt measures to adjust the financial terms of past aid, or other equivalent measures, for those poorer and least developed developing countries which face serious development problems. We shall reach a final decision on this as soon as possible in the context of our aid policy.