§ Mr. PikeTo ask the Prime Minister if he will make it his policy to propose at the July summit of the G7 nations steps to ensure compliance with, and full implementation of, the Trinidad terms in relation to African poverty and debt; and if he will make a statement.
§ The Prime MinisterThe summit agenda is a matter for the Japanese. But we hope debt of the poorest and most heavily indebted countries will be one of the central issues for discussion at the summit. Our position on Trinidad terms for these countries is well known. I shall certainly continue to press for full Trinidad terms, in line with my original proposal for a benchmark of two thirds immediate reduction on the whole stock of debt, with up to 80 per cent. reduction for those in the greatest need.