제19466호                                  관             보                   2019. 3. 26.(화요일)
                         FRAMEWORK ARRANGEMENT BETWEEN
                THE GOVERNMENT OF THE REPUBLIC OF KOREA AND
                 THE GOVERNMENT OF THE KINGDOM OF CAMBODIA
CONCERNING LOANS FROM THE ECONOMIC DEVELOPMENT COOPERATION FUND
                            FOR THE YEARS 2019 THROUGH 2023
   The   Government    of   the   Republic   of   Korea   (hereinafter   referred   to   as   the   "Korean
Government") and the Government of the Kingdom of Cambodia (hereinafter referred to as the
"Cambodian Government") (hereinafter jointly referred to as the “Parties”),

   In accordance with the Agreement between the Government of the Republic of Korea and the
Government of the Kingdom of Cambodia Concerning Loans from the Economic Development
Cooperation Fund signed on April 10, 2001 (hereinafter referred to as the "Agreement"),
   Have agreed as follows:
                                              Article 1
   The Korean Government shall enable the Cambodian Government to obtain loans from the
Economic Development Cooperation Fund (hereinafter referred to as the "EDCF") up to a
maximum commitment amount in Korean Won not exceeding the equivalent of Seven Hundred
Million US dollars (US$ 700,000,000) for the years 2019 through 2023 to finance EDCF loan
projects in the Kingdom of Cambodia, unless otherwise agreed by the Parties.
                                              Article 2
   The EDCF loan for each individual project (hereinafter referred to as a "Loan") shall be
extended to the Cambodian Government in accordance with the following procedures:
   (a) The Korean Government and the Cambodian Government shall identify potential projects
       and shall endeavor to execute the projects in close collaboration with each other;
   (b) The Cambodian Government shall request the Korean Government, through diplomatic
       channels, to extend a Loan for each individual project;
   (c) In the case that the Korean Government decides to extend a Loan for the requested
       project after appraisal of the project, it shall inform the Cambodian Government of its
       decision through diplomatic channels; and
   (d) Details of each individual project and the Loan amount for the project shall be set out in
       and made available through a loan agreement (hereinafter referred to as a "Loan
       Agreement") to be concluded between the Export-Import Bank of Korea (hereinafter
       referred to as the "Bank") and the Cambodian Government.
                                           Article 3
1. The terms and conditions for each individual project shall be specified in each Loan
Agreement to the extent consistent with the Agreement and the provisions of this Arrangement.
Each Loan Agreement shall contain, inter alia, the following principles, unless otherwise agreed
by the Parties:
   (a) The borrower or guarantor of the Loan shall be the Cambodian Government;
   (b) The repayment terms and the interest rate shall be specified in the Loan Agreement for
       the individual project;
   (c) No interest shall accrue for the portion of the Loan covering the consulting services costs,
       in the case that the consultant is selected from among Korean firms;

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