제16238호                               관               보                2006. 4.20. (목요일)

   the Bank under the Loan Agreement shall              In the event the funds available from the
   be subject to a banking arrangement to be        proceeds of the Loan are insufficient for the
   concluded     between         the   concerned    full implementation of the Project, the
   commercial banks of the two countries;           Borrower shall promptly make arrangements
   and                                              to provide such funds as are needed.
 (e)In the event the Borrower fails to make                             Article 5
   payment of all or any portion of the                 The proceeds of the Loan shall be disbursed
   principal of the Loan or any other amount        by the Bank to the Borrower, or to the
   when due under the Loan Agreement, the           supplier(s) or consultant(s) on behalf of the
   unpaid amount shall bear an overdue              Borrower, in accordance with the progress of
   charge at the rate of two percent (2%) per       the Project, up to the amount of the Loan, and
   annum above the interest rate.                   within the disbursement period specified in
                     Article 3                      the Loan Agreement and in accordance with
1. The eligible source country for the              the disbursement procedure under the Loan
 consulting services required for the Project       Agreement.
 shall be the Republic of Korea and the                                 Article 6
 consultants shall be employed through                  Other terms and conditions to be specified
 competitive     bidding         among   Korean     in the Loan Agreement shall be determined
 consulting firms.                                  through negotiations between the Borrower
2. The eligible source country for the              and the Bank.
 procurement of goods and services required                             Article 7
 for the Project shall be the Republic of               This Arrangement shall enter into force on
 Korea for the foreign currency portion and         the date of signature and shall remain
 the Socialist Republic of Vietnam for the          effective, unless otherwise agreed upon by the
 local currency portion. The suppliers of           Contracting Parties, until the Borrower
 goods and services necessary for the               performs all the obligations under the Loan
 implementation of the Project shall be             Agreement.
 selected through competitive bidding among             IN WITNESS WHEREOF, the undersigned,
 Korean suppliers.                                  being duly authorized by their respective
3. The consulting contract or the procurement       Governments, have signed this Arrangement.
 contract shall be concluded within eighteen            DONE in duplicate at Hanoi, on 11th day of
 (18) months after the effective date of the        April, 2006, in the English language.
 Loan Agreement.                                        FOR THE GOVERNMENT OF
4. Details of the methods and procedures of             THE REPUBLIC OF KOREA
 procurement shall be governed by the Loan                          FOR THE GOVERNMENT OF
 Agreement.                                                         THE SOCIALIST REPUBLIC
                     Article 4                                     OF VIETNAM

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