제19133호                                    관              보                 2017. 11. 16.(목요일)
    (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 Vietnamese 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 portion1) and the Socialist Republic of Viet Nam for the local currency
        portion2). Procurement from the third countries other than the eligible source countries, if
        any, maybe acceptable if the Parties agree and shall be set out in the Loan Agreements;
    (f) The procurement or consulting contracts shall be concluded within eighteen (18) months
        from the effective date of each Loan Agreement;
    (g) Eligible suppliers for EDCF loan-financed projects shall be Korean companies. Considering
        the characteristics of individual projects, if both parties agree, additional eligible suppliers
        may be allowed and shall be set out in the Loan Agreements; and
    (h) The Vietnamese Government ensures that the Value Added Tax (VAT) and import tax
        imposed in the Socialist Republic of Viet Nam on goods and services provided by the
        suppliers for the implementation of the projects under the Loan Agreements shall be
        borne by the executing agencies of the project.
2. The revision of any principle stated in paragraph 1 above may be made with the mutual
consent of the Parties, and shall be set out in the Loan Agreements.
3. The procurement of goods and services under the EDCF Loan shall be made in conformity
with each Loan Agreement including the Guidelines for Procurement under the EDCF Loan and
the Guidelines for the Employment of Consultants under the EDCF Loan.
                                                Article 4
    Should the Loan allocated to a project be insufficient for the implementation of the project,
the Vietnamese Government shall take responsibility to provide such funds as shall be needed.
                                                Article 5
    The Loans shall be disbursed by the Bank to the Vietnamese Government upon its request,
or to the suppliers and/or consultants on behalf of the Vietnamese Government, in accordance
with the disbursement procedures under the Loan Agreements.
                                                Article 6
1. The Vietnamese Government shall permit the Bank to maintain an EDCF office in the Socialist
Republic of Viet Nam (hereinafter referred to as the “Office”) with the same status as the offices
of other development partners executing ODA loans to the Vietnamese Government and shall
1) Foreign currency portion means the portion of project cost payable to contractor(s) or consultant(s) for
     the goods and services manufactured in or provided by eligible source countries other than the
     borrower’s country.
2)    Local currency portion means the portion of project cost payable to contractor(s) or consultant(s) for the
     goods and services manufactured in or provided by the borrower’s country.
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