제18060호                               관             보                2013. 7. 17.(수요일)
                                                Article 2
    An EDCF loan for each individual project (hereinafter referred to as the "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
        in close collaboration with each other, and the Cambodian Government shall submit a list
        of prospective projects to be financed under this Arrangement to the Korean Government;
    (b) The Cambodian Government shall request the Korean Government, through diplomatic
        channels, to extend a Loan for each individual project;
    (c) In case 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 the "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 two Governments:
    (a) The borrower or guarantor of the Loan shall be the Cambodian Government;
    (b) The repayment period shall be forty (40) years, including a fifteen (15) year grace period,
        and the interest rate shall be one hundredth of one percent to five hundredths of one
        percent (0.01%~0.05%) per annum. Such terms and conditions may be determined in due
        consideration of the characteristics of individual projects and in accordance with the laws
        and regulations and guidelines of the Republic of Korea;
    (c) No interest shall accrue for the Loan covering the consulting services costs, in case the
        consultant is selected from among Korean firms;
    (d) In the event that the Cambodian Government fails to make payment of all or any portion
        of the principal of the Loan or any other amount due under the Loan Agreements, the
        unpaid amount shall bear an overdue charge at the rate of two percent (2%) per annum
        in addition to the interest rate specified in the Loan Agreements;
    (e) The eligible source countries for the procurement of goods and services, including
        consulting services, to be financed out of the Loan shall be the Republic of Korea for the
        foreign currency portion and the Kingdom of Cambodia for the local currency portion;
        procurement from countries other than the eligible source countries, if any, shall be set
        out in the Loan Agreements;
    (f) The suppliers of the goods and services necessary for the implementation of the project
        shall be selected through competitive bidding among Korean firms;
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