Paris Club

Paris Club

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