A meeting was held yesterday between the debt renegotiation team and the Chamber executive earlier this week and this evening, Chamber President Kay Menzies writes to team leader Mark Espat, quote, "the (Chamber) believes…debts must be paid (but) where the economic viability of our country is at stake, the terms of repayment should not be so onerous as to strangle or deter the country's economic growth."

The letter continues, "It is in this vein that BCCI supports the renegotiation of the bond with the goal of making debt repayment more manageable."