Treaty Series Recuei dens Traitds - United Nations Treaty Collection

348 United Nations - Treaty Series 1967
No. 8609. LOAN AGREEMENT 1 (VOCATIONAL EDUCA-
TION PROJECT) BETWEEN THAILAND AND THE
INTERNATIONAL BANK FOR RECONSTRUCTION AND
DEVELOPMENT. SIGNED AT WASHINGTON, ON 19
OCTOBER 1966
AGREEMENT, dated October 19, 1966, between KINGDOM OF THAILAND
(hereinafter called the Borrower) and INTERNATIONAL BANK FOR RECON-
STRUCTION AND DEVELOPMENT (hereinafter called the Bank).
WHEREAS the Borrower, as part of its human resources development
program, has established objectives for vocational education with which the
Bank concurs;
WHEREAS in order to achieve such objectives it is necessary to expand
the Borrower's vocational schools for industry and agriculture and the colleges
where vocational teachers for such schools are trained;
WHEREAS the Bank has agreed to assist the Borrower in the financing
of such expansion on the terms and conditions set forth in this Loan Agreement
between the Borrower and the Bank;
Now THEREFORE the parties hereto hereby agree as follows:
Article I
LOAN REGULATIONS
Section 1.01. The parties to this Loan Agreement accept all the provisions
of Loan Regulations No. 3 of the Bank dated February 15, 1961 2
with the same force and effect as if they were fully set forth herein, subject,
however, to the following modification thereof (said Loan Regulations No.
3 as so modified being hereinafter called the Loan Regulations)
Section 9.04 is deleted.
1 Came into force on 19 December 1966, upon notification by the Bank to the Government
of Thailand.
2 See p. 364 of this volume.