<div data-bbox="164 100 241 113" data-label="Page-Header">제14888호</div>
<div data-bbox="437 100 457 113" data-label="Page-Header">관</div>
<div data-bbox="543 100 563 113" data-label="Page-Header">보</div>
<div data-bbox="677 100 829 113" data-label="Page-Header">2001. 8. 29. (주요일)</div>
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<p>(2) The interest rate will be Two point percent (2.0%) per annum.</p>
<p>(3) The disbursement period will be Thirty Six (36) months from the effective date of the Loan Agreement or such other period as the Borrower and the Bank will agree upon.</p>
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<p>(4) A service charge of One-tenth of One percent (0.1%) of the amount of each disbursement in case of a direct payment procedure, or of the amount of specified in the letter of commitment in case of commitment procedure, shall be collected by the Bank. All banking charges and/or costs for services rendered by commercial banks in connection with disbursements of the proceeds of the Loan, repayment of principal or payment of interest payable to the Bank under the Loan Agreement shall be subject to a banking arrangement to be concluded between the concerned commercial banks of the two countries; and</p>
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<p>(5) In the event the Borrower fails to make payment of all or any portion of the principal of the Loan or any other amount when due under the Loan Agreement, the unpaid amount shall bear an overdue charge at the rate of Two percent (2.0%) per annum above the interest rate.</p>
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<h3>Article 3</h3>
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<p>(1) The eligible source country for the procurement of goods and services required for the Project shall be the following:</p>
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<li>a) For the Foreign Currency Portion: Republic of Korea</li>
<li>b) For the Local Currency Portion: Socialist Republic of Vietnam.</li>
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<p>(2) The suppliers of goods and services necessary for the implementation of the Project shall be selected through Limited Competitive Bidding among the Korean companies or Direct Contracting</p>
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<p>of the Socialist Republic of Vietnam concerning Loans from the Economic Development Cooperation Fund signed on April 12, 1995, have agreed as follows:</p>
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<h3>Article 1</h3>
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<p>(1) The Government of the Republic of Korea shall enable the Government of the Socialist Republic of Vietnam to obtain a loan (hereinafter referred to as "the Loan") from the Export-Import Bank of Korea (hereinafter referred to as "the Bank"), the government agency for the Economic Development Cooperation Fund (hereinafter referred to as "the EDCF") for the implementation of the Haiphong Solid Waste Management and Treatment Project (hereinafter referred to as "the Project").</p>
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<p>(2) The Borrower of the Loan shall be the Government of the Socialist Republic of Vietnam.</p>
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<p>(3) The Loan shall be denominated in Korean Won. The amount of the Loan shall not exceed the equivalence of Nineteen Million Six Hundred Sixteen Thousand US Dollars (USD 19,616,000) and shall be fixed in accordance with the relevant provisions of a loan agreement to be concluded between the Borrower and the Bank (hereinafter referred to as "the Loan Agreement").</p>
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<h3>Article 2</h3>
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<p>The terms and conditions of the Loan, as well as the procedures for its utilization will be governed by the Loan Agreement, which will contain, inter alia, the following principles:</p>
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<li>(1) The repayment period will be Thirty (30) years including a grace period of Ten (10) years.</li>
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