We consider the behaviour of the perturbative QCD corrections to the R e + e − ratio, in the limit that the c.m. energy √ s vanishes. Writing R e + e − (s) = 3 f Q 2 f (1 + R(s)), with Q f denoting the electric charge of quark flavour f , we find that for N f < 9 flavours of massless quarks, the perturbative correction R(s) to the parton model result smoothly approaches from below the infra-red limit R(0) = 2/b, as s→0. Here b = (33 − 2N f )/6 is the first QCD beta-function coefficient. This freezing holds to all-orders in perturbation theory. The s-dependence can be written analytically in closed form in terms of the Lambert W function.