Expresses the sense of the Senate that: (1) the people and Government of Poland should be praised for their efforts in trying to transform their economy; (2) the Polish Government is expected to receive a significant reduction of its external debt burden as a result of those efforts; (3) the U.S. representatives to the Paris Club should be applauded for reaching agreement on such debt reduction; (4) the U.S. representatives to the Paris Club should encourage the governments of Western Europe and Japan, in carrying out their commitments to reduce their officially-held Polish debt by at least 50 percent, to exceed such percentage by using swaps; and (5) commercial banks holding Polish debt should also be encouraged to reduce such debt by at least 50 percent.
Introduced in Senate
Referred to the Committee on Foreign Relations.
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