Paris Club


Term used to describe when a debtor nation meets with creditor nations to renegotiate its official debt. The name results from the fact that the meetings are often chaired by an official from the French treasury department.

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You should try and figure out a way to make a paris club work in your favor if you are ever in one.

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The paris club has been helping for many years different countries with their economical situation and coordinates their debt relief

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The Paris Club was in session as the U.S. met with China to try valiantly to renegotiate its debt in order to lower the interest rate.

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