제15967호                            관                 보                 2005. 4.13. (수요일)

 (a)The repayment period shall be thirty (30)         the Lao People’
                                                                    s Democratic Republic.
   years including a grace period of ten (10)        (2)The suppliers of all goods and services for
   years;                                             the implementation of the Project shall be
 (b) The interest rate shall be one point zero        selected through limited competitive bidding
   percent (1.0%) per annum;                          among     Korean    companies     or   direct
 (c)The disbursement period shall be                  contracting with a Korean supplier.
   twenty-four (24) months from the                  (3)The procurement contract shall be
   effective date of the Loan Agreement or            concluded within eighteen (18) months from
   such other period as the Borrower and the          the effective date of the Loan Agreement.
   Bank agree upon;                                  (4)The detailed methods and procedures for
 (d)In the event the Borrower fails to make           procurement shall be governed by the Loan
   payment of all or any portion of the               Agreement.
   principal of the Loan or any other amount                            Article 4
   when due under the Loan Agreement, the            (1)The eligible source countries for the
   unpaid amount shall bear an overdue                employment of consultants shall be the
   charge at the rate of two percent (2%) per         Republic of Korea and the Lao People’s
   annum above the interest rate specified in         Democratic Republic.
   the Loan Agreement; and                           (2)The consultants for the implementation of
 (e)A service charge of one-tenth of one              the Project shall be employed through
   percent (0.1%) of the amount of each               limited competitive bidding among Korean
   disbursement in case of a direct payment           consulting firms or direct contracting with a
   procedure, or of the amount specified in           Korean consulting firm.
   the Letter of Commitment in case of a                                Article 5
   commitment procedure, shall be collected           In the event the funds available from the
   by the Bank. All banking charges and/or           proceeds of the Loan are insufficient for the
   costs for services rendered by commercial         full implementation of the Project, the
   banks in connection with disbursements of         Borrower shall promptly make arrangements
   the proceeds of the Loan, repayment of            to provide such funds as shall be needed.
   principal or payment of interest payable to                          Article 6
   the Bank under the Loan Agreement shall            The proceeds of the Loan shall be disbursed
   be subject to a banking arrangement to be         by the Bank to the Borrower, or to the supplier
   concluded    between       the   concerned        on behalf of the Borrower, in accordance with
   commercial banks of the two countries.            the progress of the Project, up to the amount
                  Article 3                          of the Loan, and within the disbursement
(1)The eligible source countries for the             period specified in the Loan Agreement and in
 procurement of goods and services for the           accordance with disbursement procedure
 Project shall be the Republic of Korea and          under the Loan Agreement.

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