Summit Agrees on Africa Debt
Associated Press
TORONTO —
World leaders tentatively agreed today to help ease the staggering foreign debt burdens of Africa’s poorest nations by fashioning measures that would forgive some of those countries’ loans, British officials said.
President Reagan backed off from his previous refusal to go along with debt concessions, helping pave the way for the agreement at Sunday’s opening session of the 14th annual economic summit of seven key industrial nations.
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