Selanjutnya

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FINANCIAL

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PROTOCOL

BETWEEN
THE GOVERNMENT OF THE REPUBLIC OF INDONESIA
AND
THE GOVERNMENT OF THE REPUBLIC OF FRAN . E
(Monobloc)




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The Go ver nm ent of the Republic of Indonesia q.nd l he
Govern ment of the Repu blic of France, セゥエィ@
a view to facilitate
the development of
Indonesia,
agreed on the ヲッャセゥョァ@
provisions

ARTICLE 1

A maximum a mo u nt of FOUR HUNDRED A.°'.'i D F [ FTY Ff\. E
is provided by the French
FRENCH FRANCS
(455 MF)


MILLION
Indonesia for
Go v e rnment to the Go vern ment of the Republic of
of
the
projects
in the annex
financing
the
imple mentat i on
attac h ed hereto .
These loans are meant for financing
Indonesia of French g o ods and services.

th e purchase hy

ARTICLE 2
These
loans will

be amortized
in 3 6 half re arl y
equal and successive instal ments, the first one falling due 90
months after the end of the c alendar half year during whi c h
drawings have been made .
The interest shall be
payable
e Ye ry c al e ndar· Ital f
year at
rate of
3, 5 % per annum
in which COFACE p1·emi11m is
included .

A convention of i mple menta"Lion between th e t"1nan c ia.J
institutions designated by the French Government and actjng o r1
its behalf, and the セゥョウエイケ@
of Finance of the Go v ernment of
the Republic of Ind o nesia on the other part, shall specify the
modali t i es of uses and repayment of the loans .

ARTICLE 3
The currency used for
be the French Franc .

accounting and

payment s hall

ARTICLE 4
The inclusion of the c ontracts within the fra me \\Ork
of th is protocol shall be decided by the competent French a nd
Indonesian Authorities .
A down payment of at least 10 % of the FOR Pri.ces
of th e supp l ies shall be payable when the order is placed.
The balance of the price shaJ J be payable
conformity with the terms and cond itions of the contracts.

in

ARTICLE 5

The contract
financ ed under the
protocol shall be invoiced at FOB prices.
Seve rtheless,
the
financing
insurance premium ma y be charged エィイッセァ@
protocc;il when :

te rms

of

this

of
the
freight and
t h e loan s und er this


undertaken under a
bi 11 of lading
- the t ransportat·i on is
i ssued by a French shipowner a nd supported by a certification
issued by the French board of merc h ant mar i n e ;
- the insurance is contracted with a French co mpany.

ARTICLE 6
The Indo n esia n authorities will
pro\·.ide a dd i tiorinl
t hose mentione d in this prot oco l to co mplete th e
i mp le me nt ation of the projects mentioned in a r ticle l.

f inanclng to

'

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/.


ARTICLE 7
part s are
fi nan ced accordin:; to n rticl 0
When local
1, the fo llow ing part icu lar provisions will be appl i cable :
a ) - Th e
i te rns
eligible
to
l oca 1 p1n· t f i 11 ; u 1c i ng
i n cl ud e
goods and services
of Indon es ian
o rigin dir·ec tly
c onne c ted to t h e i mpl e mentation of t he
projects me ntion e d in
articl e 1 . Direct or indirect taxes, custom duties, levies an d
iLd mi n is t rat i ve expe ns es , land acquisitions a.nd other expenses
non directly co nnec ted to these p ro jects are not eligible.


Co ntracts or part of co ntr acts re l n Led to l o ·a l
Indonesian Ru piahs . Giィ・セ
ᄋ@
mn s i be
signe d
or c ounters igne d
and su bmitte d to French a u thorit i es
fo r ascripti on, by the concerned French companies .
hl

µ:n·t s

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may be denominated in

Payme nts ar e ma de in Fr e nch
fran cs
to

L it e F 1·e nc h
c o mp any , accord ing to contractual p ro visions j f a11y, or at the
rr e '.·a j ling ra le quoted by Bank Indonesi a
at the dat e o L' the
drawing as
specified
in
the
implemen tation and t1µ Lo the
:··e mnining ce mber· 1 セ ゥ アッ
N@
\o drawing
shall be
made for
the c:rf' dit .1l l 0c- nt ed
und er the present protocol after the 31st December 1 Sl9-l.
The present
date of its signature.

protocol shall


enter in to fo r ce on the

iセ@
WITNESS THERETO, the ョ、
・ イウゥセョ
・ 、L@
,fol >
authorized for this purpos e by their
respecti ve Governments, ha\·e signed this
Agreement and have affixed hereto their seal .

Done and signed in Jakarta, Dece mh c-: 1· S セ@

15'2 :J

{ j n two origina ] documents, each in F reu c-'1