<div data-bbox="166 100 243 113" data-label="Page-Header">제15140호</div>
<div data-bbox="434 100 454 113" data-label="Page-Header">관</div>
<div data-bbox="540 100 561 113" data-label="Page-Header">보</div>
<div data-bbox="687 100 831 113" data-label="Page-Header">2002. 7. 4. (목요일)</div>
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<th colspan="2">ARTICLE 1<br/>Establishment of the Fund and Fund Account</th>
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<td>dated December 21, 2000 to support Bank technical cooperation activities in the Republics of Central America (the "Korean Trust Fund for Technical Cooperation") in the amount of US$210,000, administered by the Bank; and, a subsequent agreement with the Bank through an exchange of letters dated March 5 and April 3, 2001 to support development projects in the Republic of Colombia (the "Colombia Special Grant") in the amount of 250,000,000 Won (US$190,665.04 equivalent).</td>
<td>1. This Agreement hereby establishes the Korean Trust Fund for Technical Cooperation to the Republic of Colombia (hereinafter referred to as the "Colombia Trust Fund" or the "Fund"). Korea shall make available to the Bank the United States Dollar-equivalent of two hundred and fifty million Korean Won (KW 250,000,000) in accordance with the terms of this Agreement. Korea shall deposit this amount in full upon entry into effect of this Agreement into an account to be established by the Bank (hereinafter referred to as the "Account"), and the Bank shall notify Korea of such Account.</td>
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<td>WHEREAS Korea wishes to increase support to IDB technical cooperation activities in the Republic of Colombia in the areas of reconstruction, poverty alleviation, and equitable social and economic development.</td>
<td>2. The resources of the Colombia Special Grant shall be transfer to, merge with and kept in the same account as the resources of the Colombia Trust Fund, thus increasing the total amount of the Colombia Trust Fund to the aggregate amount of US$190,665.04 plus the United States Dollar-equivalent of two hundred and fifty million Korean Won (KW250,000,000).</td>
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<td>WHEREAS it would be of use to the parties to establish an instrument which would permit future Korean support to IDB technical cooperation projects which address the priority economic and social needs of the Bank's borrowing member countries;</td>
<td>3. The resources of the Colombia Trust Fund may be deposited in the same bank account as the resources of the Korean Trust Fund for Central America administered by the Bank; provided, however, that separate accounting records shall be maintained with respect to the resources of each of such Trust Funds. The Bank may freely exchange such resources into other currencies as may</td>
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<td>WHEREAS Korea and the Bank are prepared to enter into such an arrangement for the funding by Korea of technical cooperation activities in Colombia and the Bank has expressed its willingness to administer donor resources on behalf of Korea through the management of a trust fund established for these purposes;</td>
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<td>WHEREAS the purpose of the present Agreement is to set out the terms and conditions of the Korean Trust Fund for Technical Cooperation to the Republic of Colombia;</td>
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<td colspan="2">NOW THEREFORE, the parties hereto hereby agree as follows:</td>
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