제16047호                             관             보                   2005. 7.21. (목요일)

 including but not limited to patents,           situation which may necessitate a modification
 copyrights and trademarks, with regard to       or alteration of the scope, implementation, the
 maps, drawings, photographs, plans,             agreed budget, or other aspects of this
 reports, documents, products and all other      Agreement. Any amendment or modification
 materials which have a direct relation to or    to this Agreement shall be agreed on between
 are produced or prepared or collected in        the Government and UNESCAP in writing.
 consequence of or in the course of the                               Article VIII
 execution of the project. The Government        1. The Government and UNESCAP shall seek
 shall have free and unrestricted access to        to settle amicably any differences and
 all   intellectual   property    and   other      disputes arising from or relating to the
 proprietary rights referred to in this            implementation of this Agreement. Any
 paragraph.                                        dispute that cannot be solved by negotiation
                  Article V                        or other agreed mode of settlement shall be
The trust fund shall be subject exclusively to     submitted     to    arbitration   by    mutual
the internal and external auditing procedures      agreement.
laid down in the Financial Regulations, Rules    2. Nothing in this Agreementshall be deemed
and Directives of the United Nations.              a waiver of the United Nations Privileges
                  Article VI                       and Immunities.
1. UNESCAP shall provide the Government                               Article IX
 with the following reports prepared in          1. This agreement shall enter into force upon
 accordance with the United Nations                signature and shall remain in force until
 accounting and reporting procedures:              projects supported by the trust fund have
 (a)Within the end of February each year, an       been completed.
   annual progress report, inclusive of a        2. The Agreement may be terminated by
   financial report, covering all projects         either Party on three months notice in
   funded from this trust fund as of 31            writing.
   December every year;                          IN WITNESS WHEREOF, the undersigned,
 (b)Within six months after completion of        being duly authorized thereto, have signed the
   each project, funded from this trust fund,    present Agreement in the English language in
   a consolidated final report covering the      two original copies.
   substantive and financial aspects of each     Yoon Jee-Joon               Kim, Hak-Su
   project.                                      Ambassador                  Executive Secretary
2. The unused funds, if any, shall be returned   The Embassy of the          UNESCAP
 to the Government.                              Republic of Korea
                  Article VII                    in Thailand
The Government and UNESCAP shall                 Date:                       Date:20 May 2005
promptly inform each other of any event or       Location:                   Location:Bangkok

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