Paris Club is an international forum dating from 1950s for:
Correct answer: C. rescheduling of debts granted or guaranteed by official bilateral creditors
- A. defence purpose
- B. political purpose
- C. rescheduling of debts granted or guaranteed by official bilateral creditors
- D. regulating international trade
Explanation
The Paris Club brings together official bilateral creditors to negotiate debt rescheduling or restructuring for debtor countries. It is therefore a financial forum, not a defence, political, or trade-regulation body.
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