Changchun Project Agreement Sample Contracts

INTERNATIONAL DEVELOPMENT ASSOCIATION
Changchun Project Agreement • December 14th, 2004

WHEREAS by the Development Credit Agreement of even date herewith between People’s Republic of China (the Borrower) and the Association, the Association has agreed to make available to the Borrower an amount in various currencies equivalent to eighty-six million six hundred thousand Special Drawing Rights (SDR 86,600,000), on the terms and conditions set forth in the Development Credit Agreement, but only on condition that Changchun agree to undertake such obligations toward the Association as are set forth in this Agreement;

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