KUALA LUMPUR. Oct 9 : Commonwealth Secretary-General Enieka Anyaoku told a meeting of Commonwealth Finance Ministers the vast majority of developing countries still faced great difficulties which were often worsened by external debt, reports Reuter.

He told the meeting of 46 Finance Ministers from the grouping of Britain and its former colonies that the Commonwealth must follow up Britain's proposal, known as the Trinidad terms, which alms to slash the official debt of the world s poorest nations by 18 billion Dollars and reschedule the remainder on more favourable terms.

"The Commonwealth must now give that final push to secure acceptance of these terms in Bangkok which is the only kind of response that can make an impact on the severe indebtedness of many low-income countries," Anyaoku said.

Finance Ministers from the GroUp of Seven (G-7) meet next weekend in Bangkok.

The Trinidad proposals are being discussed by the Paris Club of official creditors, but Anyaoku, said they were being held up by objections from the US.