Paris Club

What is Paris Club?

Paris Club meaning

established – 1956

 

aim – to provide a forum for debtor countries to negotiate rescheduling of debt service payments or loans extended by governments or official agencies of participating countries; to help restore normal trade and project finance to debtor countries

 

members – (19) Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Japan, Netherlands, Norway, Russia, Spain, Sweden, Switzerland, UK, US

 

associate members – (13) Abu Dhabi, Argentina, Brazil, Israel, South Korea, Kuwait, Mexico, Morocco, NZ, Portugal, South Africa, Trinidad and Tobago, Turkey

 

 

reference: The World Factbook 2017. Washington, DC: Central Intelligence Agency, 2017. https://www.cia.gov/library/publications/the-world-factbook/index.html