제16403호                               관                  보                  2006.12.19. (화요일)
  of ICT for educational management and                     in short-term interest bearing bank
  in promoting ICT as tools of educational                  deposits. Any interest earned on such
  provision in four countries, with special                 deposits   shall   be credited to the project
  emphasis on teacher training. Mongolia,                   account in accordance with UNESCO’
  Uzb ek i s t a n, t he D e mo c rat ic Pe ople’           s relevant regulations. The interest may
  s Republic of Korea (DPRK), and one                       only be used       upon agreement by the
  African country shall be the recipient                    Government in response to proposals
  countries. Details of these activities                    from UNESCO.
  (hereinafter referred to as “the project”),           6. UNESCO shall establish a separate
  together with the corresponding budgets,                  account for the project and record therein
  are set out in a project document, which                  all receipts and expenses under the
  is annexed to this Agreement.                             project, including administrative support
2. The Government shall endeavor to                         costs.
  s e cu re a t ot a l s u m of US$1,000,000            7. UNESCO shall submit to the Government
  during the period from 2006 to 2008                       annual project progress reports, and
  as Republic of Korea Funds-in-Trust                       annual financial statements, and provide
  (ROK FIT) (hereinafter referred to as                     interim financial statements as often
  “the fund”), the sum being subject to                     as may reasonably be requested by the
  the approval of its budget authorities, in                Government. Upon completion of the
  order to support the implementation of                    project, or as soon as possible thereafter,
  the project.      The approved budget for                 UNESCO shall provide the Government
  2006 ROK FIT is US$300,000, which the                     w it h a f i na l rep or t on t he p r oj e ct,
  Government      shall deposit into the bank               containing an evaluation of its results
  account of UNESCO through the Korean                      and a final financial statement.
  National Commission for UNESCO.                       8. In order to implement the project,
3. The fund mentioned in paragraph 2 is                     UNE SCO shall enter into necessary
  intended to cover direct costs of the                     arrangements and contracts, and make
  project and to contribute, at the rate of                 payments thereunder, in accordance with
  13 percent      of direct project costs, to               the rules and regulations of UNESCO.
  UNESCO’s expenses for technical and                   9. Any balance remaining in the project
  administrative supervision of the project.                account after liquidation of all
4. UNESCO may draw against the sum                          outstanding obligations shall be returned
  deposited      for the direct project costs               to the Government, unless otherwise
  a n d s upp or t c o s t s a s ment ione d i n            decided by the Government upon proposal
  paragraph 3.                                              by UNESCO.
5. W h e n eve r p o s s ible, t h e t e mp o ra r y    10. This Agreement may be revised or
  surplus in the       fund    shall    be placed           extended upon mutual agreement in

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