제18260호                                                                                                관                                         보                                                 2014. 5. 8.(목요일)
                               ARRANGEMENT BETWEEN
                  THE GOVERNMENT OF THE REPUBL C OF OREA AND                                                                                               I                    K

      THE GOVERNMENT OF THE FEDERAL DEMOCRAT C REPUBL C OF ETH OP A                                                                                                    I                              I                        I        I

                              CONCERN NG A LOAN FROM                                                          I

                    THE ECONOM C DEVELOPMENT COOPERAT ON FUND                        I                                                                                              I

                        FOR MOD O-HAWASSA H GHWA PRO ECT                                 J                                                 I                       Y                J

    The Go e me t o the Re i o o ea a d the Go e me t o the Fede a Demo ati
                          v rn              n               f                   publ c               f K r                      n                                  v rn             n          f                         r l                    cr              c

Re i o Ethio ia (he ei a te e e ed to as the Pa ties ),
  publ c           f                    p                   r     n f          r r f rr                                             "          r           "

   In  a o da e ith the A eeme t et ee the Go e me t o the Re i o o ea a d the
              cc r             nc           w                             gr             n        b       w            n                       v rn                 n          f                      publ c            f K r                   n

Go e me t o the Fede a Demo ati Re i o Ethio ia o e i Loa s om the E o omi
  v rn            n            f                                r l                 cr        c              publ c             f                      p           c nc rn ng                             n    fr                          c n                  c

De e o me t Coo e atio F d (he ei a te e e ed to as the EDCF ) si ed o
  v l p            n                    p r                 n         un  8, 2011,   r       n f         r r f rr                                                   "                   "         gn               n July

    Ha e a eed as o o s:
          v           gr                        f ll w

                                        A ti e 1                                                                       r cl

1. The Go e me t o the Re i o o ea sha e a e the Go e me t o the Fede a
                          v rn              n               f                       publ c               f        K r                          ll          n bl                                v rn            n         f                                  r l

Demo ati Re i o Ethio ia to o tai a oa (he ei a te e e ed to as the Loa ) om the
      cr          c                publ c               f                 p                  b        n            l       n               r       n f         r r f rr                                             "         n"       fr

E o t- m o t Ba o o ea (he ei a te e e ed to as the Ba ), the o e me t a e o
 xp r         I    p r                  nk              f K r                        r       n f      r r f rr                                                      "          nk"                        g v rn          n            g ncy f r

the EDCF, o the im eme tatio o Mod o-Ha assa Hi h a P o e t - Phase Ⅰ Mod o- e a :
                       f r                          pl                n          n       f                j                w                        g w y                      r j c                                               j        Z w y

Lot 2 Me i- e a (he ei a te e e ed to as the P o e t ).
                  k        Z w y                        r        n f       r r f rr                                             " r j c "

2. The o o e o the Loa sha e the Go e me t o the Fede a Demo ati Re i o
                  b rr w r                      f                          n             ll b                              v rn                    n           f                             r l                   cr     c            publ c                   f

Ethio ia (he ei a te e e ed to as the Bo o e ), a ti
      p                    r       n f          r          a d th o h the Mi ist o
                                                        r f rr                                                "        rr w r"                          c ng               by           n             r ug                             n        ry              f

Fi a e a d E o omi De e o me t.
 n nc             n            c n                  c            v l p              n

3. The Loa sha e de omi ated i o ea Wo . The amo t o the Loa sha ot e eed the
                           n            ll b                     n         n                 n K r                n            n                                   un           f                         n         ll n               xc

e i a e t o O e H d ed Mi io US Do a s (US$100,000,000) a d sha e i ed i o ea
qu v l n                   f        n               un r                       ll    n                            ll r                                                                  n                 ll   b     fx                n    K r              n

Wo i a o da e ith the e e a t o isio s o a oa a eeme t to e o ded et ee the
  n       n       cc r              nc          w                         r l v n             pr v                 n           f           l        n          gr               n              b          c nclu               b       w        n

Bo o e a d the Ba (he ei a te e e ed to as the Loa A eeme t ).
  rr w r               n                            nk                r    n f       r r f rr                                                  "           n            gr                  n "

                                        A ti e 2                                                                       r cl

    The te ms a d o ditio s o the Loa , as e as the o ed es o its ti i atio , sha e
                      r              n          c n                   n         f                        n                 w ll                                pr c             ur            f r              u l z               n                ll b

 o e ed the Loa A eeme t, hi h sha o tai , i te a ia, the o o i i i es:
g v rn            by                                n           gr             n         w       c                ll c n                   n        n      r       l                     f ll w ng pr nc pl

    (a) The e a me t e iod sha e Fo t (40) ea s i di a a e e iod o Fi tee (15)
                           r p y                    n           p r                  ll b                    r y                    y          r           nclu            ng               gr c           p r            f        f            n

         ea s y       r ;

    ( ) The i te est ate sha e O e-H d edth o O e e e t (0.01%) e a m. No i te est
      b                        n    r               r                     ll b           n            un r                             f        n          p rc n                                     p r          nnu                      n           r

        sha a e o the Loa o e i the o s ti se i es o ided
                      ll           ccru                 f r                     o ea     n        c v r ng                                     c n ul ng                                rv c               pr v                by           K r              n

         o s ta t(s)
              c n ul                n           ;

    ( ) The dis seme t e iod sha e Si t -Fo (64) mo ths om the e e ti e date o the
      c                             bur                     n        p r                     ll b                 x y               ur                                 n            fr                         ff c v                               f

        Loa A eeme t o s h othe e iod as the Bo o e a d the Ba a ee o
                       n           gr                   n         r       uc                 r p r                                                 rr w r                  n                          nk       gr        up n;

    (d) A se i e ha e o O e-Te th o O e e e t (0.1%) o the amo t o ea h
                               rv c             c           rg             f         n               n                 f           n           p rc n                                             f                          un             f               c

        dis seme t sha e o e ted the Ba
                   bur                      n                   ll b       c ll c                 by                           nk;

                                            5