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Europe Daily Bulletin No. 7966

17 May 2001
Contents Publication in full By article 25 / 46
GENERAL NEWS / (eu) oecd/development
DAC adopts new recommendation on "untying" aid to least developed countries

Paris, 16/05/2001 (Agence Europe) - Whereas in Brussels on Monday, the third United Nations Conference on the Least Developed Countries (LDCs) got under way, the Development Assistance Committee (DAC) of the Organisation for Economic Cooperation and Development (OECD) formally adopted a recommendation on "untying" aid to LDCs.

Under the terms of this recommendation, a range of activities (such as capital equipment, sector assistance and import support) financed by loans and gifts of aid...

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