Key Benefits:
LAW 1351 OF 2009
(August 13)
Official Journal No. 47.440 of 13 August 2009
CONGRESS OF THE REPUBLIC
By means of which the "Cooperative Program Convention for the Regional Agricultural Technology Fund", Amended, and the "Cooperative Program of the Cooperative Program for the Regional Technology Fund" are approved. Agriculture ", Amended, signed on March 15, 1998.
THE CONGRESS OF THE REPUBLIC
Having regard to the text of the "Cooperative Program for the Regional Agricultural Technology Fund", as amended, and the "Cooperative Program Management Agreement for the Regional Agricultural Technology Fund", amended, signed on March 15, 1998, which to the letter reads:
(To be transcribed is attached photocopy of the full text of the international instruments mentioned).
COOPERATIVE PROGRAM MANAGEMENT AGREEMENT FOR THE REGIONAL AGRICULTURAL TECHNOLOGY FUND 1998
COOPERATIVE PROGRAM ADMINISTRATION CONVENTION
COOPERATIVE PROGRAM MANAGEMENT AGREEMENT FOR THE REGIONAL AGRICULTURAL TECHNOLOGY FUND
CONSIDERING:
That the development of the agricultural sector (livestock, forestry, fisheries and food) is essential for economic development, for the conservation of natural resources and for the reduction of poverty in most of the countries of the Americas. Latin and the Caribbean;
That in order to achieve sustainable development of the agricultural sector in the countries of the region, it is essential to strengthen technological development in strategic areas of common interest that promote productivity and competitiveness of the sector at the level of regional and sub-regional;
To this end a group of borrowing countries members of the Inter-American Development Bank and other interested parties (hereinafter each called a "Participant"), listed in Annex I to the Cooperative Program Convention For the Regional Agricultural Technology Fund (the "Constitutive Convention"), they wish to create a Cooperative Program for the Regional Agricultural Technology Fund, and have adopted the Convention with the same date as this Convention;
That such a program could provide essential resources to complement the activities of national agricultural research systems and constitute a regional integration mechanism to promote the sustainable development of the sector agricultural;
That the Inter-American Development Bank (the "Bank") has been requested to administer the Program during the Initial Period, and that the Bank has agreed to administer it by subscription, on this date, of the Cooperative Programme for the Regional Agricultural Technology Fund (the "Management Convention"). The terms not defined in this Convention shall have the meaning assigned to it in the Constitutive Convention;
SO, the Bank and the Participants agree on the following:
ARTICLE I: PROGRAM ADMINISTRATION
Section 1. General provision. Capacity
During the Initial Period, the Bank shall administer the Fund and provide depositary services and other services related to the activities of the Program. In the performance of its tasks provided for in this Convention, the Bank shall act with the same care as it exercises in the administration and management of its own affairs. Once the Initial Period has elapsed, the Bank may be asked to provide services to be agreed in writing between the Board of Directors and the Bank.
The Bank will be the legal representative of the Program and will have full capacity to conclude contracts, accept donations, buy and sell securities, invest the Program's resources and perform other transactions, and all other necessary actions. for the fulfillment of its object and purpose, in the name and representation of the Program.
Section 2. Services
(a) The Bank shall manage the accounts of the Fund, including the investment of the resources referred to in point (b). To this end, it shall use the bank accounts necessary to receive payments from the Participants and other contributors and to make the necessary investments. The Bank shall accept the payment of contributions and contributions to the Fund and shall require the payment of the contributions, or of the contributions of the contributions, which they owe on the Participants or which they shall be due in accordance with the Contributions Cronograms;
b) The Bank will invest the intangible capital and other resources of the Fund that are not needed for its operations in order to obtain the necessary income for the financing of the operations of the Program and to cover the expenses of the Program, in accordance with the investment policy approved by the Board of Directors of the Program. The Bank shall also allocate revenue from the Fund to maintain the value of the intangible capital of the Fund in accordance with the mandate of the Board of Directors of the Programme. In order to facilitate the administration of the funds, the Bank may convert the Fund's resources to other currencies;
(c) At the request of the Board of Directors, the Bank may provide secretarial, installation and other support services to facilitate the activities of the Program. In the performance of its functions as secretariat of the Board of Directors, the Bank:
i) Convocation the meetings of that Council in accordance with the provisions of the Constitutive Convention;
ii) With a minimum of thirty days ' notice to a meeting, it shall be distributed among the representatives of each Participant, the main documents relating to the same and the order of the day, and
iii) Redactara the minutes of the meetings of the Board of Directors.
(d) The Bank shall assign some of its officials or contract external consultants to perform the functions of the Technical-Administrative Secretariat, in accordance with the Bank's policies and procedures;
e) The Bank shall be the depositary of this Convention, the Constitutive Convention, and the other official documents of the Program;
(f) The Bank shall perform all other functions agreed in writing by the Board of Directors and the Bank.
Section 3. Bank expenses
During the Initial Period, the Bank will not receive any reimbursement from the Program in respect of the direct and indirect costs incurred in the exercise of the activities related to that Program, including the remuneration of the officials or consultants of the Bank working in the Technical-Administrative Secretariat of the Programme, travel expenses, allowances, communication costs and any other such expenditure arising from the administration of the Programme; except as established in Article II, Section 2 (b) of this Convention.
ARTICLE II: ACCOUNTING AND REPORTING
Section 1. Accounts
The Bank will keep accounting records of the Program's resources and operations so that assets, liabilities, revenues, costs and expenses relating to the separate Program can be identified and independently of any other operations. of the Bank. The accounting system shall also make it possible to identify and record the origin of the various resources received under the Constitutive Convention and the income generated by those resources. The accounting of the Program will be carried in dollars from the United States of America.
Section 2. Reporting
(a) For the duration of this Convention, the Bank as an Administrator shall submit each year a status of the Program within 90 days of the closing of its fiscal year (which shall be the calendar year), in the details of the assets and liabilities, a report of the accumulated revenue and expenditure and a report on the origin and destination of the resources, accompanied by the explanatory notes as appropriate;
(b) The reports referred to in paragraph (a) of this Section shall be prepared in accordance with the accounting principles applied by the Bank to its own operations and shall be accompanied by an opinion issued by the same firm. independent of public accountants appointed by the Board of Governors of the Bank for the audit of its own financial statements. The fees of such independent accountants shall be paid from the resources of the Programme;
(c) The Board of Directors may request the Bank, or the firm of public accountants referred to in paragraph (b) through the Bank, to provide any other reasonable information regarding the operations of the Program and the submitted audit reports.
ARTICLE III: CONVENTION VALIDITY PERIOD
Section 1. Entry into force. Duration. Extension
This Convention shall enter into force on the same date as the present Convention enters into force. This Convention shall remain in force during the Initial Period unless it is terminated within the meaning of Section 2 of this Article, or as provided for in Article VII of the Constitutive Convention. The Bank and the Board of Directors may agree to extend it in advance of at least 90 days before the last day of the Initial Period or any of the successive extensions.
Section 2. Early termination
The Bank shall terminate this Convention in the event that it suspends its own operations or will cease operations, in accordance with the provisions of Article X of the Inter-American Development Bank's Constitutive Convention (the " Organic "). The Bank shall also terminate this Convention in the event that an amendment to the Constitutive Convention requires the Bank, in the performance of the obligations under this Convention, to act in contravention of its Organic Charter. The Board of Directors by decision of at least two thirds of all Participants may decide at any time to terminate this Convention.
Section 3. Settlement
In the event of termination of the Constitutive Convention, the Bank shall cease all operations it carries out in compliance with this Convention, except where necessary for the purposes of the orderly conduct, preservation and preservation of the assets and for the settlement of the obligations. Once all liabilities relating to the Programme have been settled or settled, the Bank shall distribute or allocate the remaining assets in accordance with Section 2 of Article VII of the Constitutive Convention.
ARTICLE IV: GENERAL PROVISIONS
Section 1. The Bank as an administrator
The Bank confirms that, in accordance with Section 1 (v) of Article VII of its Organic Charter, it has the capacity to implement the provisions of this Convention, and that the activities undertaken in compliance with this Convention will contribute to to meet the Bank's objectives. This Convention does not constitute a waiver or limitation of any of the rights, privileges and immunities enjoyed by the Bank in accordance with its Organic Charter and the laws of its Participating Countries. In all contracts and documents related to the Program, it shall be indicated that the Bank is acting as the administrator or depositary of the Program, as the case may be.
Section 2. Bank Responsibility
The Bank may in no case benefit from the profits, profits or profits arising from the financing, investments, or any other type of operation carried out with the resources of the Program. No financing, investment or any other operation carried out with the resources of the Program shall establish an obligation or financial responsibility of the Bank in respect of the Program or its Participants; in the same way, Participants or the Board of Directors shall also not be entitled to require any compensation from the Bank for any loss or deficit that may arise as a result of an operation, except in cases where the Bank has not acted with the same care that you exercise in administering your own resources.
Section 3. Accession to this Convention
All Participants may accede to this Convention.
Section 4. Amendment
This Convention may only be amended in writing with the mutual agreement of the Bank and the Board of Directors by decision of at least two thirds of all Participants representing at least three quarters of the all votes.
Section 5. Dispute resolution
Any dispute within the framework of this Agreement between the Bank and the Program and/or the Participants, which is not exceeded by consultation, shall be settled by arbitration in accordance with the provisions of Appendix A to this Convention. Any arbitral decision shall be final and shall be executed by the relevant party within 60 days of its notification.
Section 6. Limitation of liability
The responsibility of the Bank shall be limited to the resources of the Program; the responsibility of the Program shall be limited to the unpaid portion of the respective contributions of the Participants.
Section 7. Withdrawal of the Constitutive Convention
On the date when the notification of your intention to withdraw is effective, as provided for in Section 5 of Article VII of the Constitutive Convention, the Participant who has submitted such notification shall be deemed to be withdrawn.
for the purposes of this Convention. Without prejudice to Section 5 of Article VII of the Constitutive Convention, the Bank shall conclude an agreement with the Participant in question to settle its claims and obligations.
IN TESTIMONY OF WHICH, the Bank and each of the Participants, acting through their authorized representative, have signed this Convention in the city of Cartagena de Indias, Colombia, on March 15, 1998, in an original document only to be deposited in the archives of the Depositary, which will send a duly certified copy to each of the Participants.
Republic of Bolivia
Ronald MacLean
Minister of Finance
* * *
Argentina Nation
Roberto Alfredo Recalde
Under Secretary for Public Investment and Social Spending
Ministry of Economy and Public Works and Services
* * *
Republic of Chile
Eduardo Aninat
Minister of Finance
* * *
Republic of Colombia
Antonio J. Urdinola
Minister of Finance and Public Credit
* * *
Costa Rica Republic
Francisco de Paulo Gutierrez
Minister of Finance
* * *
Republic of Honduras
William Chong Wong
Secretary of State at the Finance Office
* * *
Republic of Ecuador
Marco A. Flores
Minister of Finance and Public Credit
* * *
Republic of Nicaragua
Noel Sacasa
Minister of Economy and Development
* * *
Republic of Panama
Guillermo Chapman
Minister of Planning and Economic Policy
* * *
Paraguay Republic
Michelangelo Maidana Zayas
Minister of Finance
* * *
Republic of Peru
Victor Joy Way
President of the Council of Ministers and Minister of Economy and Finance
* * *
Dominican Republic
Hector Valdez Albizu
Governor of the Central Bank
* * *
Uruguay Eastern Republic
Ariel Davrieux
Planning and Budget Office Director
Republic of Venezuela
Freddy Rojas Parra
Minister of Finance
* * *
International Development Research Center, CIID
Carlos Sere
Regional Director for Latin America and the Caribbean
* * *
Inter-American Development Bank
Enrique V. Iglesias
President
APPENDIX A.
ARBITRATION PROCEDURE.
Composition of the Court. The Court of Arbitration in charge of resolving the disputes referred to in Section 5 of Article IV of the Convention of Management of the Cooperative Program for the Regional Fund for Agricultural Technology (hereinafter referred to as the "Convention") shall be composed of three members who shall be appointed in the following manner: one by the Bank, one by the Board of Directors and a third party, hereinafter referred to as the "Dirimente", by direct agreement between the parties, or through their respective arbitrators. If the parties or the arbitrators do not agree with respect to the person of the Diriment, or if one of the parties does not appoint its arbitrator, the Diriment shall be appointed at the request of either party by the Secretary General of the Organization of American States. If one of the parties does not appoint an arbitrator, the arbitrator shall be appointed by the Dirimente. If any of the appointed arbitrators or the Diriment does not or cannot act or continue to act, they shall be replaced in the same way as for the original designation. The successor shall have the same functions and privileges as its predecessor.
Getting started with the procedure. To submit the dispute to the arbitration procedure, the claimant party shall direct the other a written communication stating the nature of the claim, the satisfaction or compensation it pursues and the name of the arbitrator it designates. The party which has received such communication shall, within the period of forty-five (45) days, communicate to the other party the name of the person appointed as arbitrator. If within thirty (30) days of delivery of such communication to the claimant, the parties have not agreed as to the person of the Dirimente, any of them may refer to the Secretary-General of the Organization of American States for the designation to be made.
Constitution of the Court. The Court of Arbitration shall be constituted in the city of Washington, District of Columbia, United States of America, on the date the Dirimente designates and, once constituted, shall meet on the dates set by the Court itself.
Procedure:
(a) The Court will have jurisdiction only to know the points of the dispute. It shall adopt its own procedure and may, on its own initiative, designate the experts it deems necessary. In any case, it shall give the parties the opportunity to present oral exhibitions at the hearing;
b) The Court will rule ex-aequo et Bono, based exclusively on the terms of the Convention, and will rule its judgment even in the event that any party acts in absentia;
(c) The judgment shall be entered in writing and shall be adopted with the concurrent vote of at least two of the members of the Court. It shall fail within the approximate period of sixty (60) days from the date of appointment of the Dirimente, unless the Court finds that, due to special and unforeseen circumstances, that period should be extended. The judgment shall be notified to the parties by means of communication signed at least by two members of the Court.
Expenses. The fees of each arbitrator shall be borne by the party that has appointed him, and those of the Dirimente shall be borne equally by both contractors. They shall, before the Court is established, agree on the fees of the other persons who, by mutual agreement, consider that they must intervene in the arbitration proceedings. If an agreement is not reached in this respect, the Court itself shall fix the compensation which is reasonable for those persons taking account of the circumstances. Each party shall bear its own costs in the arbitration proceedings, but the costs of the tribunal shall be borne in equal parts by the contracting parties. Any doubt regarding the distribution of the costs or the way in which they are to be paid will be settled by the Court without the possibility of appeal. Any fees or charges to be paid by the Board of Directors under this Article shall be covered by the resources of the Programme administered under the Convention.
APPENDIX B.
AMENDED ON [06/June/05]
Participants
Argentina
Bolivia
Chile
Colombia
Costa Rica
Ecuador
Honduras
Nicaragua
Panama
Paraguay
Peru
Dominican Republic
Uruguay
Venezuela
CIID (International Development Research Center-Canada)
THIRD EXTENSION OF THE COOPERATIVE PROGRAM MANAGEMENT AGREEMENT FOR THE REGIONAL AGRICULTURAL TECHNOLOGY FUND
CONSIDERING:
That the development of the agricultural sector (livestock, forestry, fisheries and food) is essential for economic development, for the conservation of natural resources and for the reduction of poverty in most of the countries of the Americas. Latin and the Caribbean;
That in order to achieve sustainable development of the agricultural sector in the countries of the region, it is essential to strengthen technological development in strategic areas of common interest that promote productivity and competitiveness of the sector at the level of regional and sub-regional;
That to this end a group of borrowing countries members of the Inter-American Development Bank and other interested parties have signed the Cooperative Program Convention for the Regional Agricultural Technology Fund (hereinafter referred to as " the "Program") , dated March 15, 1998, amended (hereafter, the "Constitutive Convention") ;
It was also agreed that the Inter-American Development Bank (hereinafter referred to as the "Bank") administer the Program during its initial period by subscribing to the Program Administration Convention dated March 15, 1998, as amended (hereinafter referred to as the "Administration Convention") ;
That dated May 2, 1999, the Program's Board of Directors (hereinafter the "Board of Directors") requested the extension of the initial period of administration of the Programme by the Bank until 31 December 2002, and that by means of Resolution DE-35/99 of 5 May 1999, the Bank's Executive Board (hereinafter referred to as the "") authorised the amendment of the Management Convention in order to agree to such an extension;
As of June 28, 2002, the Board of Directors requested a second extension of the initial period of administration of the Program by the Bank until December 31, 2005, and by Resolution DE-85/02 of 11 September 2002, the Board authorised the amendment of the Management Convention in order to agree to such an extension;
That dated October 8, 2004, the Board of Directors requested a third extension of the initial period of administration of the Program by the Bank until December 31, 2008, and that by resolution DE-89/05 of September 21, 2008 2005, the Board authorised the amendment of the Management Convention in order to agree to such an extension;
THEREFORE, the Bank and the Board of Directors agree on the following:
As provided for in Section 1 of Article III of the Management Convention, the Bank and the Board of Directors extend the Initial Period referred to in the Constitutive Convention and the Management Convention in order to extend the the term of validity of the latter until 31 December 2008.
IN TESTIMONY OF WHICH, the Bank and the Board of Directors have signed this Third Extension to the Cooperativo Program Management Convention for the Regional Agricultural Technology Fund in the city of Washington, D. C., on September 22, 2005, and in the city of Buenos Aires, on September 30, 2005, respectively, in two copies of the same tenor in the Spanish language.
Inter-American Development Bank
Enrique V. Iglesias
President
Cooperating Program Steering Board for the Regional Agricultural Technology Fund
Reynaldo Perez-Guardia
President
SECOND EXTENSION TO THE COOPERATIVE PROGRAM MANAGEMENT AGREEMENT FOR THE REGIONAL AGRICULTURAL TECHNOLOGY FUND
CONSIDERING:
That the development of the agricultural sector (livestock, forestry, fisheries and food) is essential for economic development, for the conservation of natural resources and for the reduction of poverty in most of the countries of the Americas. Latin and the Caribbean;
That in order to achieve sustainable development of the agricultural sector in the countries of the region, it is essential to strengthen technological development in strategic areas of common interest that promote productivity and competitiveness of the sector at the level of regional and sub-regional;
That to this end a group of borrowing countries members of the Inter-American Development Bank and other interested parties have signed the Cooperative Program Convention for the Regional Agricultural Technology Fund (hereinafter the "Program"), Dated 15 March 1998, amended (hereinafter referred to as the "Constitutive Convention");
That it was agreed that the Inter-American Development Bank (hereinafter the "Bank") will administer the Program during its initial period by signing the Program Management Convention, dated March 15, 1998, as amended. (hereinafter referred to as the "Management Convention");
That with the date of May 2, 1999, the Board of Directors of the Program (hereinafter the "Board of Directors") requested the extension of the period of administration of the Program by the Bank until December 31, 2002, and that through the DE-35/99 of 5 May 1999, the Executive Board of the Bank (hereinafter referred to as the "Directory") authorized the amendment of the Management Convention in order to agree to such an extension;
As of June 28, 2002, the Board of Directors requested a second extension of the period of administration of the Program by the Bank until December 31, 2005, and that by resolution DE-85/02 of September 11, 2002, the Directory authorised the amendment of the Management Convention in order to agree to such an extension;
THEREFORE, the Bank and the Board of Directors agree on the following:
As set out in Section 1 of Article III of the Management Convention, the Bank and the Board of Directors extend the Initial Period referred to in the Constitutive Convention and the Management Convention to be extended. until 31 December 2005.
IN TESTIMONY OF WHICH, the Bank and the Board of Directors have signed the present Second Extension to the Convention of Management of the Cooperative Program for the Regional Fund of Agricultural Technology in two copies of the same tenor in the city of Washington, 19 September 2002.
Inter-American Development Bank
Enrique V. Iglesias
President
Cooperating Program Steering Board for the Regional Agricultural Technology Fund
Prudencio Chacon
President
EXTENSION OF THE COOPERATIVE PROGRAM MANAGEMENT AGREEMENT FOR THE REGIONAL AGRICULTURAL TECHNOLOGY FUND
CONSIDERING:
That the development of the agricultural sector (livestock, forestry, fisheries and food) is essential for economic development, for the conservation of natural resources and for the reduction of poverty in most of the countries of the Americas. Latin and the Caribbean;
That in order to achieve sustainable development of the agricultural sector in the countries of the region, it is essential to strengthen technological development in strategic areas of common interest that promote productivity and competitiveness of the sector at the level of regional and sub-regional;
That to this end a group of borrowing countries members of the Inter-American Development Bank and other interested parties (each, a "Participant") have subscribed to the Cooperative Program Convention for the Regional Technology Fund. Agricultural, dated March 15, 1998, amended (the "Constitutive Convention");
It was agreed that the Inter-American Development Bank (the "Bank") will administer the Program during the Initial Period by signing the Cooperative Program Management Agreement for the Regional Technology Fund. Agriculture, dated 15 March 1998, amended (the "Management Convention");
That dated May 2, 1999, the Board of Directors of the Regional Agricultural Technology Fund requested the extension of the period of administration by the Bank until December 31, 2002;
That the Executive Board of the Bank authorized the amendment of the Management Convention in order to agree to such an extension (Resolution DE-35/99 of May 5, 1999);
THEREFORE, the Bank and the Board of Directors agree on the following:
As set out in Section 1 of Article III of the Management Convention, the Bank and the Board of Directors extend the period during which the Bank administers the resources of the Program as provided for in the Administration in order to extend this administration until 31 December 2002.
IN TESTIMONY OF WHICH, the Bank and the Board of Directors have subscribed to the present extension to the Convention of Management of the Cooperative Program for the Regional Fund of Agricultural Technology in two copies of the same tenor, on the 1st day of October 1999.
Inter-American Development Bank
Enrique V. Iglesias
President
Board of Directors of the Regional Agricultural Technology Fund Program
Vicente Novoa H.
President
| INTER-AMERICAN DEVELOPMENT BANK INTER-AMERICAN DEVELOPMENT BANK | INTER-AMERICAN DEVELOPMENT BANK BANQUE INTERAMÉRICAINE DE DÉVELOPPEMENT |
| GERENT. a, i. DEPARTMENT OF SUSTAINABLE DEVELOPMENT | (2002) 623-1608 antoniov@iadb.org |
May 8, 2006
Lord
Federico Burone
Regional Director for Latin America and the Caribbean
International Development Research Centre (IDRC)/
International Development Research Center (CIID)
Avenida Brasil 2655
11300 Montevideo
Uruguay
Reference: Cooperative Program for the Regional Fund for Agricultural Technology (the "Fontagro") -Constitutive Convention of March 15, 1998, amended, (the "Constitutive Convention") and the Administration Convention of March 15 1998, amended (the "Management Convention"). International Development Research Center Retreat (the "CIID"
Dear Mr Burone:
I refer to your letter of January 26, 2005 (annexed), by which you direct written notification to the President of the Board of Directors and the Technical Secretariat of the Fontagro on the official withdrawal of the Council's CIID. Director of Fontagro.
By means of this letter-agreement, let us communicate:
i) That your letter constitutes formal written notification for the withdrawal of the CIID from the Fontagro, in accordance with Article VII, Section 5 of the Constitutive Convention and Article IV, Section 7 of the Convention of Administration, and
ii) That with date of July 26, 2005, the CIID ceased to be a member of the Fontagro Board of Directors. Likewise, the rights and obligations of the CIID in relation to the Constitutive Convention and the Management Convention shall cease to be effective as at 26 July 2005, except for the right to receive the settlement value referred to in Section 2 of the Article VII of the Constitutive Convention.
I would be grateful if you would indicate your agreement with the above by signing in the space indicated at the foot of this letter-agreement and returning an original of it to the attention of the Technical-Administrative Secretariat of the Fontagro at the headquarters of the Inter-American Development Bank.
Carefully,
Antonio Vives,
Manager, a.i., Department of Sustainable Development.
Read and agreed.
On behalf of International Development Research Centre (IDRC)/International Development Research Center, CIID.
Federico Burone,
Regional Director for Latin America and the Caribbean.
Date: May 16, 2006.
cc: Ing. Agr. Juan Daniel Vago Armand Ugon, President of Fontagro
Mr. Nicolas Mateo, Executive Secretary of the Fontagro.
SECRETARY CERTIFICATE
The undersigned, Hugo Eduardo Beteta, Secretary of the Inter-American Development Bank (the "Bank"), hereby certifies the following:
1. Accompanying an authentic copy of the "Cooperative Program for the Regional Agricultural Technology Fund", dated March 15, 1998, as amended, including the "Cooperative Program Management Convention for the Regional Fund" "Agricultural Technology", dated March 15, 1998, amended.
In faith of which the present certificate is manually subscribed and sealed with the official stamp of the Bank, in the city of Washington, D. C., at 25 days of the month of January 2008.
Hugo Eduardo Beteta
Secretary
COOPERATIVE PROGRAM AGREEMENT FOR THE REGIONAL AGRICULTURAL TECHNOLOGY FUND
1998
COOPERATIVE PROGRAM CONVENTION
INDEX
RECITALS
ARTICLE I
OBJECT AND PURPOSE-PARTICIPANTS
Section 1
Object
Section 2
Purpose
Section 3
Participants
ARTICLE II
CONTRIBUTIONS TO THE PROGRAM
Section 1
Contributions. Payment of contributions
Section 2
Program Resources
Section 3
Using Program Resources
ARTICLE III
PROGRAM OPERATIONS
Section 1
General disposition
Section 2
Principles that will guide the operations of the Program
ARTICLE IV
ADDRESS COUNCIL
Section 1
Composition and Conditions
Section 2
Privileges
Section 3
Meetings and Quorum
Section 4
Vote
ARTICLE V
TECHNICAL-ADMINISTRATIVE SECRETARIAT
Section 1
Composition
Section 2
Technical functions
Section 3
Administrative functions
ARTICLE VI
ADMINISTRATOR
Section 1
Initial Administrator
Section 2
Privileges
ARTICLE VII
GENERAL PROVISIONS
Section 1
Entry into effect. Validity
Section 2
Termination. Settlement
Section 3
Amendment
Section 4
Limitation of liability
Section 5
Withdrawal and reinstatement of the Participants
Section 6
Dispute Settlement
Section 7
Definitions
ANNEX I
PARTICIPANTS AND CONTRIBUTIONS
ANNEX II
ADMINISTRATION CONVENTION
COOPERATIVE PROGRAM AGREEMENT FOR THE REGIONAL AGRICULTURAL TECHNOLOGY FUND
CONSIDERING:
That the development of the agricultural sector (livestock, forestry, fisheries and food) is essential for economic development, for the conservation of natural resources and for the reduction of poverty in most of the countries of the Americas. Latin and the Caribbean;
That in order to achieve sustainable development of the agricultural sector in the countries of the region, it is essential to strengthen technological development in strategic areas of common interest that promote productivity and competitiveness of the sector at the level of regional and sub-regional;
That to this end a group of borrowing countries members of the Inter-American Development Bank and other interested parties, listed in Annex I to this Convention (hereinafter referred to as "Participants"), wish to create a Cooperative Program for the Regional Agricultural Technology Fund, which will have a common equity fund of approximately $200 million after its consolidation period;
That such a program could provide essential resources to complement the activities of national agricultural research systems and constitute a regional integration mechanism to promote the sustainable development of the sector agricultural;
That the Inter-American Development Bank (the "Bank") has been requested to administer the Program during the Initial Period, and that the Bank has agreed to administer it in accordance with the provisions of Article 6 of this Convention and the Management Convention attached as Annex II;
THEREFORE, the Participants agree to establish the Cooperative Program for the Regional Agricultural Technology Fund (the "Program") as follows:
ARTICLE I: OBJECT AND PROPOSAL-PARTICIPANTS
Section 1. Object
The objective of the Program is to establish a sustainable financing mechanism for the development of agricultural technology in Latin America and the Caribbean, and to establish a forum for the discussion of priority topics of technological innovation.
Section 2. Purpose
The purpose of the Program is to promote the increase of the competitiveness of the agri-food sector, ensuring the sustainable management of natural resources and the reduction of poverty in the region.
Section 3. Participants
Any country member of the Bank and any other country or legal person who wishes to contribute resources to the Program may subscribe to this Convention and be a Participant in the Program in accordance with this Convention. Any country or any other interested party not listed in Annex I to the date of entry into force of this Convention who wishes to be a Participant may apply for incorporation into the Programme and undertake to pay a contribution according to the provisions of Article II.
ARTICLE II: CONTRIBUTIONS TO THE PROGRAM
Section 1. Contributions. Payment of contributions
(a) The contribution of each Participant shall be as set out in Annex I, which shall be reviewed periodically to include the contributions of the new Participants. As soon as possible after signing this Convention, but in no case after sixty days of its signature, each Participant shall agree with the Administrator on a timetable for payment of the contribution referred to in Section 2 (i) of this Agreement. Article II (the "Contribution Cronogram"). The payment of the contribution shall be made in cash, in dollars or in any other currency of free convertibility acceptable to the Administrator, during the Initial Period. At least one quota per year shall be contributed in accordance with the corresponding Contribution Cronogram;
(b) The contributions of the Participants, and the contributions referred to in Section 2 (ii) of Article II, shall comprise a common fund of intangible capital generating income flows. This income shall be applied, in accordance with this Convention, to the financing of regional agricultural research activities, which shall be selected and prioritized by the Program's own Participants;
(c) Participants may make additional cash contributions in accordance with the procedures described in this Convention for initial contributions. The Program may also accept the contributions mentioned in Section 2 (iii) infra in kind;
d) During the Initial Period, in addition to its Services as Depositary and Program Administrator, the Bank shall finance certain technical and administrative services in accordance with the provisions of Article VI of this Convention and the Administration which is attached as Annex II. The Bank shall not make contributions as a Participant;
e) The initial contribution of each Participant shall not be less than US$ 500,000, or its equivalent; except that the minimum contribution of international and non-governmental organizations subscribing to the Convention on this date shall be US$ 100,000, or its equivalent. Payments made in accordance with this Article shall be deposited in the bank accounts designated by the Administrator. In order to facilitate the administration of the Program's resources, the Administrator may convert the received contributions to other currencies.
Section 2. Program Resources
The resources of the Programme shall consist of a common equity fund called the 'Regional Agricultural Technology Fund' or the 'Fund', which shall consist of:
i) The contributions of the Participants;
(ii) Additional contributions, legacies, affections and donations to increase the Fund by means of the Board of Directors ' approval (the resources referred to in points (i) and (ii) of this Section shall constitute the "intangible capital" of the Background);
iii) Additional contributions, legacies, affectations and donations to directly fund research programmes, or to facilitate the fulfilment of the objectives of the Programme when explicitly agreed between the donor and the Council Manager, and
iv) All income from previous resources and all other revenue from any source.
Section 3. Using the Program resources
The Fund's intangible capital will not be used to finance any operations or expenses of the Program. The resources referred to in Section 2 (iv) of this Article II, after deduction of expenditure and allocations to maintain the value of intangible capital shall constitute the net income of the Fund ('net income '). The operations of the Programme shall be financed from the Fund's net income and, if appropriate, with the resources of the Programme referred to in Section 2 (iii) of this Article II (the "available resources").
Available resources can only be used for the purpose and purpose of the Program.
ARTICLE III: PROGRAM OPERATIONS
Section 1. General layout
The operations of the Program shall be approved by the Board of Directors and administered by the Technical-Administrative Secretariat (the "Secretariat").
Section 2. Principles by which Program operations will be guided
Program operations will be performed based on:
i) A Medium Term Plan that represents the strategic vision of the Program and defines priority areas of research that are eligible for funding;
(ii) The Program Operations Manual that addresses the policy and procedures aspects applicable to operations, and
iii) An Annual Operational Plan that includes the annual funding program and the annual budget.
ARTICLE IV: ADDRESS COUNCIL
Section 1. Composition and conditions
The top management body of the Program is the Board of Directors. All Participants shall integrate the Programme's Steering Board by participating through a designated representative entity and duly accredited by the relevant authorities, which shall have a recognised experience in the field of the Programme. Agricultural technological development. For the case of participants other than countries, a member of the Board or Management of the participating entity. The Executive Secretary of the Technical-Administrative Secretariat will participate as a "ex-officio" participant of the Council, with a voice but without a vote. Members of the Board of Directors shall perform their duties without receiving any compensation from the Program.
Section 2. Attributions
The Board of Directors will have the following attributions:
a) To elect from among the participating countries of Latin America and the Caribbean to the President of the Council for a period of one year, renewable for another period;
b) Designate the Executive Secretary of the Technical-Administrative Secretariat, selected by international public tender, for a period of three years, renewable; renew its mandate and remove it;
c) Designate and remove successive Administrators; administer, through the Administrator, the resources of the Program; and dispose of them according to the object and purpose of the Program;
d) Consider and approve or deny requests to enter new Participants and increases in Program resources;
e) Approve the Medium Term Plan that represents the strategic vision of the Program and defines the priority areas of research that are eligible for funding;
f) Approve and modify the Program Operations Manual, including policies and procedures for financing their operations;
g) Approve for the following year the Annual Operational Plan, which will include the annual operations finance program and an annual budget consistent with revenue projections;
h) Approve the annual financial statements and annual memory of the previous year;
i) Approve and periodically update an investment policy with respect to the resources of the Program, including provisions regarding the allocation of revenues to maintain the value of intangible capital;
j) Review and approve the Annual Technical Report;
k) Dispose when it considers necessary the studies or audits to evaluate the results of the projects funded and the correct utilization of the allocated resources;
1) Evaluate the compliance of their decisions and the implementation thereof by the Technical-Administrative Secretariat;
m) Modify this Convention;
(n) Dispose of the dissolution of the Program and the liquidation of the Fund in accordance with the provisions of this Convention, and
or) Approve your internal rules and deal with other matters that are your own in accordance with the provisions of this Convention.
Section 3. Meetings and quorum
The Board of Directors shall meet the frequency required by the operations of the Programme, but at least once a year, at the place the Council decides. The Steering Board shall convene the meetings at the request of its President or when Participants representing at least 25% of the total number of votes so request. The calls for meetings of the Board of Directors shall be made with an indication of the day, time, place and matters to be dealt with in advance not less than 30 days. The quorum in any of the meetings of the Board of Directors shall be the simple majority of the Participants representing no less than two-thirds of the total votes.
Section 4. Vote
(a) Unless otherwise stated in this Convention, the Board of Directors shall take its decisions by the simple majority of the votes. Each Participant shall have a proportional vote for each hundred thousand dollars, or its equivalent, which has contributed to the intangible capital of the Fund, in accordance with the provisions of Section 1 of Article II. Each participating country in Latin America and the Caribbean which has at least one proportional vote shall also have basic votes for an amount equal to the number of votes resulting from the distribution of equal shares among all participating countries. Latin America and the Caribbean 25 percent (25 percent) of the aggregate total of the proportional votes divided by the total number of participating countries in Latin America and the Caribbean that have at least one proportional vote. The total votes of each Participant shall be equal to the sum of their proportional votes and their basic votes, if any, and all of the votes of the Participants shall be the sum of the votes of each Participant;
(b) For the purposes of calculating the number of votes of each Participant, each contribution made in freely convertible currency other than the dollar shall be computed in dollars at the exchange rate declared by the International Monetary Fund on the date in which the Administrator receives the payment of each fee corresponding to the contribution of the Participant in question;
c) The rights of the Participants resulting from their contribution to the Program may not be enforced or taxed without prior approval of the Board of Directors.
ARTICLE V: TECHNICAL-ADMINISTRATIVE SECRETARIAT
Section 1. Composition
(a) The Technical-Administrative Secretariat shall be the body responsible for the technical and administrative support of the Programme. The Secretariat will have an Executive Secretary, a Technical Assistant and an Administrative Assistant, and with the support of the short-term consultants needed to carry out the evaluation of project proposals and the monitoring and evaluation. of the research activities funded by the Programme. Upon completion of the Initial Period, no more than 5% (5%) annual of the resources referred to in Section 2 (iv) of Article II may be used to cover the operational expenses of the Secretariat, including the cost of its staff and short-term consultancies, meetings, workshops, publications and other administrative expenditure. The Secretariat shall be based in any country of Latin America or the Caribbean Participating in the Program whose location and infrastructure favors contacts between the Secretariat, the Participants and the implementing institutions of the projects. During the Initial Period, the Secretariat shall be located at the seat of the Bank;
b) The Executive Secretary shall be the authority designated by the Council, with the conformity of the Bank during the Initial Period, to conduct the work of the Secretariat and to represent the Program and execute the actions required by the functioning of the Programme. The Executive Secretary shall appoint and remove the staff of the Secretariat.
Section 2. Technical Functions
The Technical-Administrative Secretariat will have the following technical functions:
i) Ensuring compliance with the policies of the Program and implementing the decisions of the Board of Directors;
ii) Develop and submit to the Board of Directors approval of the Medium-Term Plan, conducting technical meetings related to the process of identifying research priorities;
iii) Develop and submit to the approval of the Board of Directors the Annual Operational Plan with the selected projects, specifying the proposals of the annual and maximum amounts to be financed by the Program, as well as the annual contributions to the projects running;
iv) Coordinate the implementation of follow-up activities of the projects included in the Annual Operations Plan, evaluating the partial and final results, as well as the impact thereof, informing the Board of Directors on the results through the Annual Technical Report;
v) Generate the necessary information that contributes to the expansion of the articulation, complementarity and mutual collaboration between the Board of Directors and agricultural technological development organizations and to disseminate the results obtained with the activities funded by the Programme;
(vi) submit to the Council the annual financial statements and annual memory of the previous financial year; and make recommendations to the Board of Directors regarding the annual budget and investment policies with respect to the Program resources, and
vii) Carry out any other activity conducive to the performance of their functions.
Section 3. Administrative functions
The Technical-Administrative Secretariat will have the following administrative responsibilities:
i) Perform administrative follow-up to the process of receiving, evaluating, rating, and approving proposals, selecting executors, and processing the corresponding disbursements;
ii) Provide secretarial services to the Board of Directors, and
iii) Coordinate the financial, legal and administrative aspects related to the management of the Fund's capital resources, including the calculation of the voting power of each of the Participants.
ARTICLE VI: PROGRAM ADMINISTRATOR
Section 1. Initial Administrator
During the Initial Period, the Inter-American Development Bank will administer the Fund and provide depositary services and other services related to the Program's activities. In the performance of its tasks, the Bank shall act with the same care as it exercises in the administration and management of its own affairs. Once the Initial Period has elapsed, the Bank or an administrator may be asked to provide the services to be agreed in writing between the Board of Directors and the Bank or Administrator. Only those international legal persons who have privileges and immunities similar to those of the Bank may be Administrator.
Section 2. Attributions
The Administrator will be the legal representative of the Program and will have full capacity to enter into contracts, accept donations, purchase and sell securities, invest the Program's resources, and make all necessary financial transactions for the fulfilment of its object and purpose, and to carry out all other actions for the development of its functions, in the name and representation of the Programme. The obligations of the Administrator shall be governed by Annex II, which shall be replaced or amended as appropriate.
ARTICLE VII: GENERAL PROVISIONS
Section 1. Entry into Force Vigency
This Convention shall enter into force on the date on which it has been subscribed by Participants whose aggregate contributions exceed US$ 50,000,000 or its equivalent. This Convention shall have an indefinite duration, unless it is terminated in accordance with the provisions of this Article VII.
Section 2. Termination. Settlement
The Board of Directors, at any time, may decide to terminate this Convention with the vote of at least two-thirds of the Participants representing at least three-quarters of all votes.
Upon termination of this Convention, the Board of Directors shall instruct the Administrator to make a distribution among the Participants of the amount to which the balance of the Program's resources shall be at the date of termination. The amount or settlement value of the Fund shall be equal to the net value of its assets after the assessment of all known liabilities and claims, and shall be distributed in relation to the proportional votes each of the Participants has on the approval of the Fund. termination of the Convention or the time to withdraw from the Program in accordance with the provisions of Section 5 of this Article VII.
Section 3. Amendment
This Convention may be amended by the Board of Directors, with a majority of votes of at least two-thirds of the Participants representing at least three-quarters of all votes. It will require the approval of all Participants, to make an amendment to this Section, to the provisions of Section 4 of this Article that limit the liability of the Participants, an amendment to Section 2 of this Article VII, or an amendment to increase the financial or other obligations of the Participants.
Section 4. Limitation of liability
The liability of the Participants shall be limited to the unpaid portion of their respective contributions, and the responsibility of the Administrator shall be limited to the resources of the Program. The Participants, the persons representing them or who derive from them their rights shall not initiate any legal action against the Program. Participants may assert their rights in accordance with the procedures set out in this Convention, in the regulations of the Programme or in the contracts they conclude.
Section 5. Withdrawal and reinstatement of the Participants
Upon payment of the entire contribution, any Participant may withdraw from this Convention by written notification of its intention to the Depositary. The separation shall be effective on the date indicated in that notification, but in no case before the six months following the date of delivery of such notification to the Depositary. However, at any time but at least 60 days before the separation is definitively effective, the Participant may notify the Depositary in writing of its decision to revoke the notification by which it intends to withdraw. Participants who withdraw from this Convention shall not be entitled to withdraw any of their contributions or contributions to the Program until the settlement referred to in Section 2 of this Article VII. Participants who have withdrawn may be rejoined at a later date with the same voting rights and representation as they would not have withdrawn.
Section 6. Dispute resolution
In case a disagreement arises between any of the Participants and the Program that is not exceeded by consultation, such a dispute shall be submitted to the arbitration of a three-person court: a designated by the Board of Directors, another by the Participant and the third, unless otherwise agreed between the parties, by the President of the Inter-American Development Bank. The third arbitrator may decide on all procedural matters in cases where the parties do not agree on the matter. If all attempts to reach a unanimous agreement fail, decisions will be taken by a majority. Any arbitration decision shall be final and shall be executed by the relevant party within 60 days of the notification of the decision. Any doubt regarding the distribution of the costs or the way in which they are to be paid will be settled by the court with no possibility of appeal. Any fees or charges to be paid by the Programme under this section shall be covered by the Fund's resources.
Section 7. Definitions
For the purposes of this Convention, the following terms shall be accepted as follows:
Administrator: The Inter-American Development Bank during the Initial Period, and each Administrator who succeeds you in such capacity.
intangible capital: The resources of the Program referred to in Article II (2) (i) and (ii).
Board of Directors: The top management body of the Program described in Article IV.
Contribution Cronogram: The payment schedule that is defined in Article II.1 (a).
Depositary: The Inter-American Development Bank and each depositary that happens to you in such capacity.
Effective Date: Date of entry into force of this Convention in accordance with Section 1 of Article VII.
Net Income: The difference between (a) the resources set forth in Article II Section 2 (iv) and (b) all expenses plus allocations to maintain the value of the Fund's intangible capital.
Initial Period: Period from Effective Date to December 31, 1999.
President: The Steering Board Participant selected to chair the same.
Available Resources: Net income plus the resources referred to in Article II. 2 (iii), if any.
Technical-Administrative Secretariat: The organ of the Program described in Article V.
Executive Secretary: The person appointed to head the Secretariat in accordance with Article V. 1. b).
US$ or US$: Dollars from the United States of America.
IN TESTIMONY TO WHICH, each of the Participants, acting through their authorised representative, has signed this Convention on 15 March 1998 in a single original document to be deposited in the archives of the Depositary, the which will send a duly certified copy to each.
Argentina Nation *
Roberto Alfredo Recalde
Under Secretary for Public Investment and Social Spending
Ministry of Economy and Public Works and Services
* The amount of the Contribution is subject to the approval of the financing of its contribution through an external loan, including financing from the Inter-American Development Bank in the agricultural or science and technology sector, or to the availability of other resources.
Republic of Bolivia
Ronald MacLean
Minister of Finance
* * *
Republic of Chile
Eduardo Aninat
Minister of Finance
* * *
Republic of Colombia *
Antonio J. Urdinola
Minister of Finance and Public Credit
* This firm expresses the Government of Colombia's willingness to participate in this Cooperative Program. The contribution provided for in this Convention is subject to the subscription of an inter-institutional agreement between Colciencias and the Inter-American Development Bank, prior to the issuance of the Regulatory Decree of Law No. 318 of 1996 and of the incorporation into the budget of the Colciencias de la partido budget for this purpose.
* * *
Costa Rica Republic *
Francisco de Paulo Gutierrez
Minister of Finance
* Subscription subject to legislative ratification in accordance with internal legislation requirements. Within 60 days of the said ratification the Cronogram of Payments will be agreed.
* * *
Republic of Ecuador
Marco A. Flores
Minister of Finance and Public Credit
* * *
Republic of Nicaragua *
Noel Sacasa
Minister of Economy and Development
* The amount of the contribution that exceeds US$ 500,000 is subject to the approval of the financing of its contribution through an external loan, including financing from the Inter-American Development Bank in the agricultural and agricultural sector and technology, or the availability of other resources.
* * *
Republic of Honduras *
William Chong Wong
Secretary of State at the Finance Office
* Subscription subject to legislative approval in accordance with the internal legislation requirements of the Republic of Honduras.
Panama Republic *
Guillermo Chapman
Minister of Planning and Economic Policy
* The amount of the contribution that exceeds US$ 500,000 is subject to the approval of the financing of its contribution through an external loan, including financing from the Inter-American Development Bank in the agricultural and agricultural sector and technology, or the availability of other resources.
* * *
Paraguay Republic *
Michelangelo Maidana Zayas
Minister of Finance
* The amount of the contribution that exceeds US$ 500,000 is subject to the approval of the financing of its contribution through an external loan, including financing from the Inter-American Development Bank in the agricultural and agricultural sector and technology, or the availability of other resources.
* * *
Republic of Peru *
Victor Joy Way
President of the Council of Ministers and Minister of Economy and Finance
* Subscription subject to legislative approval in accordance with internal legislation requirements. Within 60 days of the aforementioned ratification the Cronogram of Payments will be agreed upon. The amount of the contribution is subject to the approval of the financing of its contribution through an external loan, including financing from the Inter-American Development Bank in the agricultural or science and technology sector, or to the availability of other resources.
* * *
Dominican Republic *
Hector Valdez Albizu
Governor of the Central Bank
* The amount of the contribution that exceeds US$ 500,000 is subject to the approval of the financing of its contribution through an external loan, including financing from the Inter-American Development Bank in the agricultural and agricultural sector and technology, or the availability of other resources.
* * *
Uruguay's Eastern Republic *
Rodolfo Caretti/Ariel Davrieux
Minister of Economy and Finance
* The amount of the Contribution is subject to the approval of the financing of its contribution through an external loan, including financing from the Inter-American Development Bank in the agricultural or science and technology sector, or to the availability of other resources.
* * *
Republic of Venezuela *
Freddy Rojas Parra
Minister of Finance
* The amount and the payment schedule of the Contributions will be set by the Ministry of Agriculture and Cria after the relevant legal and budgetary procedures are completed.
* * *
International Development Research Center, CIID
Carlos Sere
Regional Director for Latin America and the Caribbean
HONOR WITNESS
Inter-American Development Bank
Enrique V. Iglesias
President
Nancy Birdsall
Executive Vice President
ANNEX I
TO THE COOPERATIVE PROGRAM CONVENTION [06/June/05]
PARTICIPANTS AND CONTRIBUTIONS
| Participants | Contributions (in thousands of US$) |
| Argentina | 20,000 |
| Bolivia | 2,500 |
| Chile | 2,500 |
| Colombia | 10,000 |
| Costa Rica | 500 |
| Ecuador | 2,500 |
| Honduras | 2,500 |
| Nicaragua | 2,500 |
| Panama | 5,000 |
| Paraguay | 2,500 |
| Peru | 2,500 |
| Dominican Republic | 2,500 |
| Uruguay | 5,000 |
| Venezuela | 12,000 |
| CIID (International Research Center for Developing Canada) | 100 |
INDEX
RECITALS
ARTICLE I
PROGRAM ADMINISTRATION
Section 1.
General Provision. Capacity
Section 2.
Services
Section 3.
Bank expenses
ARTICLE II
ACCOUNTING AND REPORTING
Section 1.
Accounts
Section 2.
Reporting
ARTICLE III
CONVENTION VALIDITY PERIOD
Section 1.
Entry into effect. Duration. Extension
Section 2.
Early termination
Section 3.
Settlement
ARTICLE IV
GENERAL PROVISIONS
Section 1.
The Bank as an administrator
Section 2.
Bank Responsibility
Section 3.
Accession to this Convention
Section 4.
Amendment
Section 5.
Dispute Settlement
Section 6.
Limitation of liability
Section 7.
Withdrawal from the Constitutive Convention
APPENDIX to Arbitration Procedure
APPENDIX B Participants
EXECUTIVE BRANCH OF PUBLIC POWER
PRESIDENCY OF THE REPUBLIC
Bogotá, D. C., February 26, 2008
Authorized. Submit to the consideration of the honorable Congress of the Republic for the constitutional effects.
(Fdo.) ALVARO URIBE VELEZ
The Foreign Minister,
(Fdo.) Fernando Araujo Perdomo.
DECRETA:
Article 1o. Approve the "Cooperative Program for the Regional Agricultural Technology Fund", as amended, and the "Cooperative Program Management Agreement for the Regional Agricultural Technology Fund", as amended, signed on 15 March. March 1998.
Article 2o. In accordance with the provisions of Article 1 of Law 7ª of 1944, the "Cooperative Program for the Regional Agricultural Technology Fund", Amended, and the "Convention of Management of the Cooperative Program for the Regional Fund" " Amended, signed on March 15, 1998, which, under article 1or this law, are approved, will force the country from the date on which the international bond is improved. same.
Article 3o. This law governs from the date of its publication.
Dada en Bogotá, D. C., a ...
Presented to the honorable Congress of the Republic by the Minister of Foreign Affairs, the Minister of Finance and Public Credit and the Minister of Agriculture and Rural Development.
Jaime Bermudez Merizalde, Minister of Foreign Affairs; Oscar Ivan Zuluaga, Minister of Finance and Public Credit; Andres Felipe Arias Leiva, Minister Agriculture and Rural Development.
EXECUTIVE BRANCH OF PUBLIC POWER
PRESIDENCY OF THE REPUBLIC
Bogotá, D. C., February 26, 2008
Authorized. Submit to the consideration of the honorable Congress of the Republic for the constitutional effects.
(Fdo.) ALVARO URIBE VELEZ
The Foreign Minister,
(Fdo.) Jaime Bermudez Merizalde.
DECRETA:
Article 1o. Approve the "Cooperative Program for the Regional Agricultural Technology Fund", as amended, and the "Cooperative Program Management Agreement for the Regional Agricultural Technology Fund", as amended, signed on 15 March. March 1998.
Article 2o. In accordance with the provisions of Article 1 of Law 7ª of 1944, the "Cooperative Program for the Regional Agricultural Technology Fund", Amended, and the "Convention of Management of the Cooperative Program for the Regional Fund" " Amended, signed on March 15, 1998, which, under article 1or this law, are approved, will force the country from the date on which the international bond is improved. same.
Article 3o. This law governs from the date of its publication.
The President of the honorable Senate of the Republic,
JAVIER CACERES LEAL.
The Secretary General of the honorable Senate of the Republic,
EMILIO OTERO DAJUD.
The President of the honorable House of Representatives,
EDGAR ALFONSO GOMEZ ROMAN.
The Secretary General of the honorable House of Representatives,
JESUS ALFONSO RODRIGUEZ CAMARGO.
COLOMBIA-NATIONAL GOVERNMENT
Communicate and comply.
Execute, upon review of the Constitutional Court, pursuant to article 241-10 of the Political Constitution.
Dada in Bogotá, D. C., on August 13, 2009.
ALVARO URIBE VELEZ
The Foreign Minister,
JAIME BERMUDEZ MERIZALDE.
The Minister of Finance and Public Credit,
OSCAR IVAN ZULUAGA ESCOBAR.
The Minister of Agriculture and Rural Development,
ANDRES DARIO FERNANDEZ ACOSTA.
