HC Deb 22 January 1993 vol 217 c491W
Mr. Meacher

To ask the President of the Board of Trade if he will provide details on the proportion of rescheduled official bilateral debt that may be sold on the secondary debt market by the Export Credits Guarantee Department under the auspices of the Trinidad terms.

Mr. Needham

The agreement amongst Paris club group of creditors allows for either US $10 million or 10 per cent. of a creditors exposure, whichever is the greater, to be sold or swapped for local investment.