제19302호                                    관                 보                  2018. 7. 23.(월요일)
                                            (Egypt’s Note in Reply)
                                                                                         Cairo, August 14, 2017

Excellency,

     I have the honor to acknowledge the receipt of Your Excellency’s Note of today’s date, which
reads as follows:
     “I have the honor to refer to the discussions held between the representatives of the
Governments of the Republic of Korea and the Government of the Arab Republic of Egypt on
bilateral economic cooperation with a view to strengthening the friendly and cooperative relations
between the two countries, and to propose, on behalf of the Government of the Republic of Korea
the following arrangements in accordance with the Agreement on Cultural, Scientific and
Technical Cooperation between the Government of the Republic of Korea and the Government of
the Arab Republic of Egypt signed on August 30, 1988 (hereinafter referred to as the
“Agreement”):
1. For the purpose of contributing to the execution of the project entitled “Establishment of
Egyptian-Korean Technological College in Beni Suef” (hereinafter referred to as the “Project”),
the Government of the Republic of Korea shall extend to the Government of the Arab Republic of
Egypt, subject to its budgetary limitations and in accordance with the relevant laws and
regulations of the Republic of Korea, a grant of no more than five million eight hundred thirty
thousand US Dollars (USD 5,830,000) (hereinafter referred to as the “Grant”).
2.   The duration of the Project shall be seven (7) years.
3.   The Grant shall contribute to:
     a) supplying the Egyptian labor market with a skilled workforce qualified to carry out jobs as
          high-level technicians;
     b)    developing    academic   programs     and   skills     development    programs      to   improve   the
          employability of the enrolled students and graduates;
     c) supporting the teaching and learning process and providing a quality learning environment
          at the technological college;
     d) improving the knowledge and practical skills of teaching staff, policy-makers in the field of
          technical education, and administrative staff; and
     e) ensuring that the quality of education meets the global standard of excellence through
       accreditation.
4.   The executing authorities responsible for implementing the Project shall be:
     a) for the Republic of Korea, the Korea International Cooperation Agency (hereinafter referred
          to as “KOICA”); and
b) for the Arab Republic of Egypt, the Ministry of Higher Education                      and Scientific Research
     (hereinafter referred to as the “Ministry”).
5.   Detailed    terms   and   conditions    concerning     the   Project,   including    budgetary   allocations,
     implementing schedules and measures to be taken by the Korean and the Egyptian
     Governments, may be decided according to the Record of Discussions (hereinafter referred to
                                                                  th
     as the “ROD”), which was signed in Cairo on the 4                 of April, 2017 between KOICA and the
     Ministry, to the extent consistent with the Agreement, the provisions of this Note and the
     respective national laws and regulations of the two countries.
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