Verdrag tussen het Koninkrijk der Nederlanden en de Internationale Financieringsmaatchappij (IFC) inzake het African Training and Management Services (ATMS) Project van het Ontwikkelingsprogramma van de Verenigde Naties

The Government of the Kingdom of the Netherlands and the International Finance Corporation;

Considering that the United Nations Development Programme has decided to operate a technical assistance project under project number RAF/86/002/D/01/142, known as the African Training and Management Services Company (ATMS) Project;

that the International Finance Corporation, by virtue of the Project Document dated ..., 19881)Redactie: De datum van het document is 13 april 1989., agreed between the United Nations Development Programme and the International Finance Corporation, is the Executing Agency for the United Nations Development Programme for this project;

that the project is to be carried out by a special purpose corporation with domicile in the Netherlands established under Netherlands' law, called "African Management Services Company BV (AMSCO)", for which purpose the International Finance Corporation has concluded a Shareholders Agreement with other institutions and corporations financing development cooperation activities;

that it is anticipated that the African Management Services Company BV will not distribute its profits, made during the period this Treaty is in force to its shareholders, but will retain these profits as reserves and/or apply them to this project;

And that it is desirable to grant certain privileges for this United Nations Development Programme Project;

Have agreed as follows:

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IN WITNESS WHEREOF the undersigned, being duly authorized thereto, have signed this Treaty.

DONE at Amsterdam, 13 april 1989 in two copies in the English language.

For the Government of the Kingdom of the Netherlands

(sd.) P. BUKMAN

For the International Finance Corporation

(sd.) WILLIAM S. RYRIE