0.979.2 translation statutes of the International Bank for Reconstruction and development adopted at Bretton Woods on July 22, 1944, modified with effect December 17, 1965 and February 16, 1989, approved by the Federal Assembly on 4 October 1991, signed and accepted by the Switzerland on May 29, 1992, entered into force for the Switzerland may 29, 1992 (status on 20 June 2014) Governments to names which is signed this agreement agree to the following : Introductory article for Reconstruction and development International Bank is established and will function in accordance with the following provisions: art. I objectives the Bank has for objectives: (i) assistance for the reconstruction and development of territories of Member - States, by facilitating the investment of capital for productive purposes, including the restoration of economies destroyed or dislocated by the war, the rehabilitation of the means of production to peacetime needs and the encouragement of the development of the resources and means of production in the least developed countries. (ii) to promote private investment overseas through guarantees or participations in loans and other investments made by private suppliers of capital; and without private capital available on reasonable terms, to complete the investment under appropriate arrangements and providing productive financial resources from its own capital and funds that it is provided to its other resources. (iii) to promote the harmonious expansion, over a long period, international trade and the balance of balance-of-payments, by encouraging international investment in the development of resources of Member States, helping to meet on their territories, the productivity, the level of existence and the situation of the workers. (iv) to combine loans granted or guaranteed by it with international loans of different origin, giving priority to the most urgent, and most useful projects regardless of scale. (v) to conduct its operations with due regard to the economic impact of international investment in the territories of the Member States and to facilitate a smooth transition from war to peace economy economy during the first years of the post-war period.
In all its decisions, the Bank will build on the objectives set out above.
Art. II membership in the Bank and capital Bank Section 1: membership (a) members from the Bank will be the members of the International Monetary Fund who agree to join the Bank prior to the date specified in art. XI, section 2 (e). (b) access to the Bank will be open to other members of the Fund at the times and conditions prescribed by the Bank.
Section 2: Authorized (a) the share capital authorized Capital of the Bank will amount to $ 10 billion in the United States, the weight and fineness in effect on July 1, 1944. The share capital will be divided into 100 000 shares of a pair of $ 100,000, which can only be subscribed by the Member States. (b) the share capital can be increased when the Bank deems appropriate, at a majority of three-quarters of the voting power.
Section 3: Subscription of shares (a) each Member State will underwrite share capital of the Bank. Appendix A indicates the minimum number of shares for purchase by each of the Member States from. The minimum number of shares for purchase by each of the other Member States will be set by the Bank which shall, in anticipation of sales of the latter, reserve a sufficient fraction of its share capital. (b) the Bank shall issue rules defining the conditions under which Member States may, in addition to their minimum subscriptions, Subscribe to other parts of the authorized capital of the Bank. (c) in the case of the authorized capital increase, each Member State will be given reasonable opportunities to subscribe to the conditions laid down by the Bank, a fraction of the capital increase proportional to the share of its previous subscriptions in the total capital of the Bank; However, no Member State will be required to purchase a split any of a capital increase.
Section 4: Issue price of shares shares included in the minimum subscriptions from Member States will be issued at par. The remaining shares will be issued at par, unless, in special circumstances, the Bank decides, by a majority of the total voting power, to issue to other conditions.
Section 5: Subscribed capital Division and this capital calls the subscription of each Member State will be divided into two fractions, as follows: (i) 20% will be paid or may be called upon, to the extent where the Bank needs funds for its operations, in accordance with section 7 (i) of this section; (ii) the remaining 80% can be called by the Bank When she'll need to meet obligations incurred in respect of art. IV, sections 1 (a) (ii) and (iii).
Calls on uncleared subscriptions will focus evenly on all sides.
Section 6: Limitation of liability the liability incurred in respect of the shares will be limited to the unpaid portion of the issue price of the shares.
Section 7: Terms of payment of the subscribed shares of the subscribed shares will be payment in gold or U.S. dollars and currencies of the Member States, according to the terms below: (i) the title of section 5 (i) of this article, 2% of the price of each share will be payable in gold or dollars and the United States, in the case of calls , the remaining 18 percent will be paid in the currency of the Member State; (ii) in the case of appeal under section 5 (ii) of this article, payment will be made, at the option of the Member State, in gold, in dollars of the United States or in the currency necessary to meet the commitments of the Bank which gave rise to the call; (iii) when a Member State will make payments in a currency any , according to the al. (i) and (ii) above, these payments must equal the value of its obligations resulting from the call. These obligations would be proportionate to its subscription in the share capital of the Bank, authorized and defined in section 2 of this article.
Section 8: Delays in release of subscriptions (a) 2% payable on each share, in gold or U.S. dollars, to the title of section 7 (i) of this section, will be paid within 60 days of the date that the Bank will begin its operations, subject that: (i) any member from which the metropolitan territory will be experienced during the present war by hostilities or enemy occupation will be granted the right to stay in the payment of ½ % for five years from this date; (ii) any original member who cannot make such payment without regaining possession of its gold reserves still seized or immobilized by the war, will be able to defer any payment until a date to be set by the Bank.
(b) the rest of the price of each share, payable in respect of section 7 (i) of this section, be paid in the form and on the date set by the Bank, subject that: (i) the Bank, in the year following the commencement of operations, calls, at least 8% of the price of the share, in addition to the 2% target payment above in (a); (ii) it will never be called by period of three months, more than 5% of the price of the share.
Section 9: Maintaining the value of some assets of the Bank in currencies (a) if (i) the peer of the currency of a Member State is lowered or if (ii) the exchange rate of the currency of a Member State is, in the opinion of the Bank, depreciated significantly within the territory of that Member State, it will pay to the Bank in a reasonable time, an additional amount of its own currency sufficient to keep to the same value as at the time of the initial subscription, the assets of the Bank in the currency of the said Member State from payments made by him to the Bank initially in respect of art. II, section 7 (i) payments in respect of art. IV, section 2 (b), or of any additional payment of currencies made pursuant to this subsection, insofar as these currencies have not been redeemed by the Member State using gold or currencies of one-Member State approved by the Bank. (b) in the case of the elevation of the par value of the currency of a Member State, the Bank shall restore to it, within a reasonable time, its currency in the amount equal to the increase in value of assets defined in (a) above. (c) the Bank may derogate from the provisions of the preceding paragraphs when the International Monetary Fund conducts a uniformly proportional change of the par value of the currencies of all of its members.
Section 10: Restrictions on the right to dispose of the shares shares will not be pledged or encumbered loads any and will not be transferred to the Bank.
On April 27, 1988, the authorized capital of the Bank had been brought to 1420500 shares.
Art. III. General provisions on loans and guarantees Section 1: use of resources
(a) the resources and services of the Bank will be used for the exclusive benefit of the Member States, equally taking into account both the value that projects of reconstruction projects. (b) in order to facilitate the restoration and reconstruction of the national economies of the Member States whose metropolitan territories suffered major devastation of the fact of the enemy occupation or hostilities, the Bank, in the determination of the conditions and terms of the loans granted to these Member States, will be concerned particularly to lighten the financial load and speed up the completion of the work of restoration and reconstruction.
Section 2: Operations of Member States with the Bank all Member State will deal with the Bank exclusively through its cash, of its Central Bank, of its stabilization fund or any other similar financial institutions, and the Bank will deal with Member States exclusively through these same organizations.
Section 3: Limits guarantees and bank loans the total amount outstanding of guarantees, participations in loans and direct loans made by the Bank may be increased if the increase must wear beyond 100% of the subscribed capital decreased losses and increased General and special Bank reserves.
Section 4: Conditions in which the Bank can guarantee or loans the Bank may guarantee loans or participate in loans in favour of any Member State or any political subdivision of any commercial, industrial or agricultural business and a Member State established in the territory of a Member State, subject to the following conditions: (i) when the Member State on whose territories the project should be done is not the borrower , the Member State or the Central Bank or any similar body of that Member State, approved by the Bank must guarantee full repayment of the principal and interest and other service charges related to the loan. (ii) the Bank must acquire the conviction that, in the light of the market situation, the borrower might otherwise get the loan on terms which, in the opinion of the Bank, would be reasonable for the borrower. (iii) an appropriate Committee of the type provided for in art. V, section 7, presented a written report recommending the project, after thorough review of the application. (iv) the Bank takes the interest rate and other financial charges to reasonable and considers that this rate, these charges, as well as the amortization of the principal table, are well suited to the nature of the project. (v) granting or guaranteeing a loan, the Bank will examine with care the probability that the borrower and, in the case where the borrower is not a Member State, the guarantor is able to cope with this loan obligations; In addition, the Bank must act with caution, in the interest both of the-particular Member State on the territories of which the project must be realized that the community of Member States. (vi) when it guarantees a loan by other providers of capital, the Bank must receive appropriate compensation for the risk involved. (vii) loans granted or guaranteed by the Bank should, except in special circumstances, individualized reconstruction or development projects.
Section 5: Use of loans guaranteed or granted by the Bank or in which it is involved (a) the Bank will not impose a conditions to that the proceeds of a loan is spent on the territory of a particular Member State or Member States. (b) the Bank will make arrangements to obtain the proceeds of a loan is dedicated to the objects for which it was granted, due account being taken of considerations of economy and performance and without intervene of the influences or political or extra-economiques considerations. (c) in the case of loans granted by the Bank, it will open an account on behalf of the borrower and the loan amount will be credited to this account in the currency or currencies of the loan agreement. The borrower will be permitted by the Bank to draw on this account to deal with the expenses related to the project, as they are actually worked.
Section 6: The International (a) the Bank Finance Corporation loans may consent, participate in or guarantee loans to the International Finance Corporation, institution affiliated with the Bank for the purposes of its lending operations. The total amount outstanding of ready said, equity investments and guarantees will be increased if not, at the time or subsequently such loans, equity or guarantees, total and still outstanding commitments contracted by the company, directly or by way of guarantee and regardless of the source, exceeds an amount equal to four times the amount intact of the subscribed capital and reserves. (b) the provisions of Sections 4 and 5 (c) of art. III and Section 3 of art. IV do not apply to loans, shareholdings and guarantees authorized by this Section.
Section added by way of amendment into force Dec. 17. 1965 art. IV Operations Section 1: Procedures for granting loans or loans (a) contest the Bank may provide or facilitate loans meeting the General conditions of art. III by using one of the following methods: (i) direct loans, or participating with its own funds from its reduced losses, increased paid-up capital general reserve and, unless the application of section 6 of this article, of its special reserves. (ii) by providing direct loans or participating with funds obtained on the market of a Member State or by any other form of borrowing. (iii) ensuring, in whole or in part, loans made by private capital following providers channels usual investment.
(b) the Bank can borrow funds to the al title. (a) (ii) above, or guarantee loans to the al title. (a) (iii) above, that with the double approval of the Member State on the markets in which the funds are obtained and in the currency in which debt is denominated, and only if such Member States recognize that the loan of the said product can be exchanged without restrictions against the currency of any other Member State.
Section 2: Freedom of provision and transfer of (a) paid currencies currencies to the Bank in respect of art. II, section 7 (i), will be lent with the approval, in each case, the Member State whose currency is at stake; However, if necessary, and after full call capital subscribed of the Bank, said currencies are, without restriction on the part of the Member States whose currencies will be offered, used or exchanged currencies required to deal with payments contract of interest, other charges and write-downs on loans of the Bank or to deal with the Bank's commitments related to these same payments contract on loans guaranteed by her own. (b) the currencies given in payment to the Bank by borrowers or guarantors to the account of the principal of direct loans made using the above currencies to the by. (a) can be exchanged against the currencies of other Member States or lent with the approval, in each case, the Member States whose currencies are at stake; However, in case of need and after full call of the capital stock of the Bank, those currencies may, without restriction on the part of the Member States whose currencies will be so available, be used or exchanged currencies required to deal with payments contractual of other charges or write-downs on loans of the Bank or to deal with the Bank's commitments related to these same payments contract on loans guaranteed by her own interests. (c) the currencies given in payment to the Bank by borrowers or guarantors to the account of the principal of the loans granted by the Bank to the title of section 1 (a) (ii) of this article, will be stored and used without restriction on the part of the Member States, either to make depreciation allowances, or to prepay or buy all or part of the obligations of the Bank. (d) other currencies available to the Bank, including those which are obtained on the market or by any other mode of borrowing from the title of section 1 (a) (ii), of this article, those coming from the sale of gold, those that are received in payment of interest and other expenses related to direct loans made under the terms of sections 1 (a) (i) and (ii) and those that are received in payment of commissions and other charges in respect of section 1 (a) (iii) be used or exchanged for other currencies or gold required for the operations of the Bank, without restriction on the part of the Member States whose currencies will be offered. (e) the currencies available on the markets of Member States by borrowers whose loans have been guaranteed by the Bank to the title of section 1 (a) (iii) of this article will be also used or exchanged for other currencies without restriction on the part of such Member States.
Section 3: Provision of money for direct loans
The following provisions apply to direct loans made pursuant to sections 1 (a) (i) and (ii) of this article: (a) the Bank will provide the currencies of Member States other than the Member State on whose territories the project must be completed, including this borrower will need to deal with the expenses to perform on the territories of the other Member States to achieve the objectives of the loan to the borrower. (b) the Bank may, in exceptional circumstances where the local currency required by the purpose of the loan can be obtained by the borrower on reasonable terms, provide it, as a fraction of the loan, an appropriate amount of this currency. (c) if the project indirectly increases the needs of foreign currency of the Member State on whose territories the project must be completed, the Bank may, in exceptional circumstances, providing the borrower in respect of part of the loan, an appropriate amount of gold or foreign currency which shall not exceed the amount of local spending by the borrower in connection with the objectives of the loan. (d) the Bank may, in exceptional circumstances, at the request of a Member State on the territory of which will be spent a fraction of the loan, buy gold or foreign currency part of the currency of the Member State so expended; However thus redeemed part will exceed, in any case, the amount corresponding to the increase of the Exchange needs resulting from the use of the loan to spending on these territories.
Section 4: Clauses of payments related to the direct loans loan contracts concluded on the basis of section 1 (a) (i) or (ii) of this article will be established in accordance with the following terms of payment: (a) the terms and conditions applicable to payments of interest and depreciation, the deadlines and dates of each loan will be determined by the Bank. It will also establish the rates and other terms and conditions applicable to commissions to take the opportunity of the ready said. In the case of loans made to the title of section 1 (a) (ii) of this article, during the first ten years of the operation of the Bank, this commission rate will be not lower than 1% the year or more than 1½ % year and shall be calculated on the undepreciated balance of each loan. The expiry of this ten-year period, the commission rate may be reduced by the Bank in this view both slices to amortize loans already granted future loans, if reserves accumulated by the Bank, the title of section 6 of this article, and picking on other recipes are, to his sufficient to justify a reduction. In the case of future loans, the Bank will have also the ability to raise the rate of the commission beyond the limit above, if experience teaches that such an increase is appropriate. (b) all loan contracts will specify the currency (or currencies) in which (or which) will be made to the Bank the corresponding payments. However, payments may, at the option of the borrower, be made in gold, subject to the consent of the Bank, in the currency of one Member State other than that which is stated in the contract: (i) in the case of loans made to the title of section 1 (a) (i) of this article, the loan agreements provide that payments to the bank interest other charges and depreciation will be carried out in the lent money, unless the Member State whose currency is lent does that these payments are made in one or more other currencies named. Subject to the provisions of art. II, section 9 (c), these payments, expressed in a currency designated to that effect by the Bank by a majority of three-quarters of the votes, will be equivalent to the value of those contractual payments to the date where the loans were made. (ii) in the case of loans made to the title of section 1 (a) (ii) of this article, the total amortized and payable to the Bank in a given currency will exceed, at any time, the total amount of loans not amortized contracted by the Bank under section 1 (a) (ii) and refundable in the same currency.
(c) If, in consequence of extreme shortage of foreign currency, a Member State cannot service, according to the terms of any loan contracted or guaranteed by him or one of its agencies, it can ask the Bank for a relaxation of the terms of payment. If the Bank acknowledges that some relaxation is favourable to the interests of the Member State in question, the operations of the Bank, as well as all Member States, it will be able to implement one of the two or the following two paragraphs, with respect to all or part of the annual debt service: (i) the Bank may, at its convenience, agree with the Member State in question in order to accept that the service of the loan will be made in the currency of the Member State for periods not exceeding three years, the use of that currency and the maintenance of its value to the Exchange so that its purchase subject to appropriate provisions. (ii) the Bank may change the terms of amortization or extend the amortization period or combine these two measures.
Section 5: Guaranteed (a) when it guarantees a loan through the normal channels of investment, the Bank a fee guarantee payable periodically on the depreciated amount of the loan at the rate fixed by it. During the first ten years of the operation of the Bank, this rate will be not lower than 1% the year, or more than 1 / 2% year. The expiry of this ten-year period, the commission rate may be reduced by the Bank, regarding both the remaining slices to amortize loans already guaranteed that future loans, if reserves accumulated by the Bank in respect of section 6 of this article and by debiting other revenues are in his view, sufficient to justify a reduction. With respect to future loans, the Bank will have also the ability to raise the rate of the commission beyond the limit above, if experience teaches that such an increase is appropriate. (b) the guarantee fees will be paid directly to the Bank by the borrower. (c) the guarantees of the Bank include the clause that the Bank may terminate its responsibility regarding the interests if, in case of default of the borrower and, possibly, of the guarantor, it offers to buy bonds at par, increased of interest due on the date specified in the offer, or other securities guaranteed. (d) the Bank will have the faculty to set all other terms and conditions of the guarantee.
Section 6: Special Reserve the amount of fees charged by the Bank in respect of sections 4 and 5 of this article will be put aside for a special reserve, which will be retained to deal with the obligations of the Bank, in accordance with section 7 of this article. This special reserve will be kept in such liquid form authorized by this agreement, that prescriront administrators.
Section 7: Implementation of the commitments of the Bank failure in case of default of payment affect loans made by the Bank, in which she participated or it has guaranteed: (a) the Bank will enter into all agreements available to adjust the obligations of the loans, including all arrangements provided for by section 4 (c) of the present article or similar arrangements. (b) payments made by the Bank to meet its obligations resulting from loans or guarantees in respect of sections 1 (a) (ii) and (iii) of this article will be charged: (i) first, to the special reserve provided for in section 6 of this section; (ii) then, to the extent necessary and at the discretion of the Bank, to other reserves, the general reserve and capital the Bank has.
(c) to deal with contractual interest payments, other expenses and depreciation related to own bonds of the Bank or to deal with the obligations of the similar payments on loans it guarantees, the Bank, in case of need, can call a proper portion of the subscriptions not released to Member States, in accordance with art. II, sections 5 and 7. In addition, if the Bank determines that a defect of payment may extend, it may call a fraction extra of these subscriptions uncleared, not exceeding 1% of the total subscriptions of Member States in the course of a year, intended: (i) to redeem prior to maturity all or part of the principal unamortized loan guaranteed by it which the debtor is in default of payment , or otherwise perform its obligations in this regard; (ii) redeem all or part of its own borrowing unamortized, or otherwise perform its obligations in this regard.
Section 8: Various Operations off the specified operations elsewhere in this agreement, the Bank will have the Faculty:
(i) to buy and sell securities issued by it as well as securities guaranteed by it or those in which she has invested funds, provided that it obtains the approval of the Member State in whose territories these titles should be bought or sold. (ii) to ensure, to facilitate the sale, the securities in which it has invested. (iii) to borrow the currency of a Member State any with the approval of that Member State. (iv) to buy and sell securities other than directors, by a majority of three-quarters of the voting power, will be able to estimate specific to the investment of all or part of the special reserve referred to in section 6 of this article.
When she shall exercise the powers conferred by this section, the Bank will be able to deal with any person, partnership, association, society of capital or other legal entity established on the territory of any Member State.
Section 9: Warning to title on the titles all guaranteed or issued by the Bank, will be prominent on the front, a declaration according to which the title is a commitment from any Government, unless expressly listed on the title.
Section 10: Prohibition of any activity policy the Bank and its officers shall not interfere in the political affairs of a Member State, nor allow themselves to be influence in their decisions by the political orientation of the Member State (or States) involved. Their decisions will be based solely on economic considerations, and these considerations will be weighed impartially in order to achieve the objectives set out in art. I. art. V organization and administration Section 1: Structure of the Bank. the Bank will include the Board of Governors, directors, Chairman (President) and senior officers and other officers qualified to perform the tasks it sets.
Section 2: Board of Governors (a) all the powers of the Bank will be vested in the Board of Governors, composed at the rate of one Governor and one alternate appointed by each Member State according to the terms and conditions as it shall determine. Governors and alternates will remain in office for five years, unless the State-Member having designated them; their mandate is renewable. No alternate is allowed to vote, or in the absence of the holder. The Council will choose its president (Chairman) among Governors. (b) the Board of Governors may delegate the exercise of all the powers of the Council, with the exception of the following administrators: (i) admit new Member States and set the terms of their admission (ii) increase or reduce social capital; (iii) suspend a Member State; (iv) deciding on appeals exercised against interpretations of this agreement given Directors; (v) enter into agreements to cooperate with other international agencies (unless it is informal agreements administrative and) (temporary); (vi) decide to permanently suspend operations of the Bank and to distribute its assets; (vii) determine the distribution of the net income of the Bank.
(c) the Board of Governors will hold one annual meeting as well as all other meetings planned by the Board or called by administrators. Meetings of the Board shall be convened by administrators at the request of five Member States or Member States bringing together a quarter of voting power. (d) the quorum for any meeting of the Board of Governors shall be a majority of the Governors with two-thirds or more of the voting power. (e) the Board of Governors will be able to, by regulation, establish a procedure whereby the directors when they deem consistent with the interests of the Bank, to get a vote on a specific question, Governors without meeting the Council. (f) the Board of Governors, and, insofar as they are admitted, the directors may adopt rules and regulations necessary or appropriate to the conduct of the operations of the Bank. (g) in the exercise of their functions, the Governors and their deputies will not be remunerated by the Bank; However, it will pay them reasonable fees that their responsibility because of their attendance at the meetings of the Bank. (h) the Board of Governors shall determine compensation to allocate to the directors and the treatment and conditions of the contract of the President.
Section 3: (A) voting, the voting power of each Member consists of the sum of its base and its proportionate voice votes.
(i) the voice of each member base consists of the number of votes resulting from the equal distribution among all members of 5.55% of the voting power of total all members, with the understanding that there is no voice of fractional base. (ii) the number of proportional votes of each Member is equal to the number of shares held by that Member.
(b) except in cases specifically provided for, all questions submitted to the Bank shall be decided by a majority of the votes cast.
Section 4: Directors (a) the Executive Directors will be responsible for the conduct of the General operations of the Bank and, to that effect, exercise all the powers to them delegated by the Board of Governors. (b) the Executive Directors who are not necessarily of Governors, will be twelve, which: (i) five will be appointed, one nominated by each of the five Member States that have the largest number of shares; (ii) seven will be elected, in accordance with Annex B, per all Governors other than those appointed by five Member States referred to above under (i).
For the purposes of this paragraph, we'll hear by "Member States" the States listed in Annex A, whether it is from States or who became members in application of art. II, section 1 (b). When other States will become members, the Board of Governors may, by a majority of four fifths of voting power, increase the total number of administrators, by increasing the number of Directors to be elected. Administrators will be appointed or elected every two years.
(c) each Director shall appoint an alternate with full powers in his absence to act in his place. When the Directors having appointed deputies are present, they can attend meetings, but without the right to vote. (d) the Executive Directors will remain in office until their successors are appointed or elected. If the position of an elected Director becomes vacant more than ninety days before the expiration of his term, another Director will be elected for the duration of the term by the Governors who have elected the previous administrator. The election will be made by a majority of the votes cast. As long as the position remains vacant, the Deputy to the previous administrator will exercise its powers except to appoint a Deputy. (e) administrators will be as permanently at the central headquarters of the Bank and will meet as frequently as will require it the conduct of the Affairs of the Bank. (f) the quorum for any meeting of the directors shall be a majority of administrators with at least half the voting power. (g) each named Administrator will have the number of voting power, under the terms of section 3 of this article, the Member State having named the. Each elected Director will have the number of votes that counted for his election. Any administrator will use bulk of voices available. (h) the Board of Governors shall adopt rules under which a Member State not authorized to appoint a Director as provided above under (b) may designate a representative to attend any meeting of directors where consideration will be given an application by that Member State or issue affecting the. (i) the directors may appoint such committees as appropriate. Participation in these committees is not reserved to the Governors, administrators or their alternates.
Section 5: President and staff (a) administrators will choose a Chairman (President) taken outside the Governors, directors or alternates. The President will chair the meetings of the directors but without taking part in the vote, except in the case of equality of votes, deciding his voice in. He can take part, without the right to vote, in meetings of the Board of Governors. The President will cease its functions on decision of administrators. (b) the President is the head of the Bank's services and manage current affairs following the instructions of the directors. Under the general supervision of administrators, he will arrange all services, will appoint and will revoke the agents and officials. (c) in the performance of their duties, the Chairman, senior officers and junior officers of the Bank will be at the service of the Bank, no other authority. Each State member bank shall respect the international character of their mission and refrain from any attempt to influence an agent any of the Bank in the performance of his duties. (d) in the recruitment of agents and officials of the Bank, the President, without neglecting the vital interest that attaches to the most active competition and the most competent, will take into account the importance of a recruitment on a geographical basis as possible.
Section 6: Advisory Board
(a) there will be created an Advisory Commission of at least seven persons chosen by the Board of Governors and which will include representatives of banks, trade, industry, labor, agriculture and as representative as possible of the different nations. In sectors where there are specialized international organizations, members representing these sectors to the Commission will be chosen in agreement with those organizations. The Commission will advise the Bank on its overall policy. She will meet annually and in all other cases where the Bank will ask for. (b) the mandate of advisers is set at two years and renewable. They will be reimbursed reasonable expenses which will fall them because of the Bank.
Section 7: Committees of loans. the committees responsible reports on loans, under art. III, section 4, will be appointed by the Bank. Each of these committees will include an expert chosen by the Governor representing the Member State on whose territories the project to be carried out as well as one or more technicians of the Bank.
Section 8: Relations with other international organizations (a) under this agreement, the Bank will cooperate with any international organization General as well as with international public organisation with functions in related fields. All arrangements for such cooperation cannot, if they involve a change of a clause any of this agreement, be achieved only as a result of an amendment of such agreement, in accordance with art. VIII. (b) when it will rule on applications for loans or guarantees relating to issues that fall into the jurisdiction of an international body belonging to one of the categories specified in the previous paragraph and where the participation of the members of the Bank's predominant, it will take into account the views and recommendations of the said body.
Section 9: Location of offices (a) the headquarters of the Bank will be installed on the territory of the Member State holding the largest number of shares. (b) the Bank may open agencies or branch offices in the territory of a Member State any bank.
Section 10: Offices and regional councils (a) the Bank may establish regional offices and fix the location and the area of competence of each regional office. (b) each regional office will receive the notices of a regional Council, representing the whole and selected area according to the terms determined by the Bank.
Section 11: Custodians (a) any Member State shall appoint as custodian of all assets of the Bank in its currency, its Central Bank, or, in the absence of Central Bank, another institution likely to be approved by the Bank. (b) the Bank may keep its other assets, including gold, with Trustees appointed by the five Member States with the highest number of shares, and at such other designated stakeholders that the Bank may choose. Originally, half at least of the gold assets of the Bank will be entrusted to the Depositary designated by the Member State on whose territory the Bank has its headquarters and forty percent at least will be entrusted to custodians appointed by the four other Member States referred above, each of these depositories to hold a quantity of gold at least equal to that which will have been paid in settlement of the price of the shares by the Member State which has designated the depository said originally. However, all transfers of gold which the Bank will take place will be made given costs of transport and the likely needs of the Bank. In serious circumstances, administrators will be able to transfer all or part of the gold assets of the Bank in any place offering decent protection.
Section 12: Substitution of effects to the currency in lieu of any part of the currency of a Member State to pay to the Bank, in accordance with art. II, section 7 (i) or intended to amortize a loan contracted in this currency, and that the Bank didn't need for its operations, it will accept coupons or similar commitments issued by the Government of the Member State or by the Depositary designated by him; These effects will be assignable, interest-free and payable at sight for their nominal value by the crediting of the account opened at the Bank with the designated custodian.
Section 13: Publication of reports and communication of information (a) the Bank will publish an annual report containing a situation appraised of his accounts and will send, at maximum intervals of three months, a summary statement of its financial position and a profit and loss account highlighting the results of its operations. (b) the Bank may publish such other reports as it considers desirable for the accomplishment of its mission. (c) copies of all reports, statements and publications made under the terms of this section will be addressed to the Member States.
Section 14: Distribution of income net (a) the Board of Governors will determine each year the part of net income which, after the constitution of special reserves, will be transferred to the general reserve, and the part that eventually will be distributed. (b) in the case of a distribution, each Member State will receive a 2% maximum, non-cumulative payment by priority on any allocation of a fiscal year, calculated on the average stock in the year of loans made to the title of art. IV, section 1 (a) (i), with the currency corresponding to its subscription. When this priority payment will reach 2%, any balance remaining to be distributed will be attributed to all the Member States in proportion to their shares. Payments due to each Member State will be carried out in its own currency, or, if this currency is not available in any other currency authorized by him. If these payments are made in currencies other than the currency of the Member State, the transfer of these currencies and their job after payment by the beneficiary Member State, there will be no restrictions on the part of other Member States.
New content according to the D of the Board of Governors of Jan. 30. 2009, in force since June 27, 2012 (RO 2012 3545).
Art. VI resignation and suspension of a Member State; suspension of operations Section 1: vested right to the Member States to withdraw from the Bank all the Member State may withdraw at any time the Bank, in writing notifying him his decision at its headquarters. The withdrawal is to take effect on the date of receipt of the notification.
Section 2: Suspension of a Member State if a Member State lacks one of its obligations to the Bank, it may suspend it following a decision by a majority of Governors exercising the majority of the number of votes. Thus suspended Member State will lose automatically its quality of Member State a year after the date of its suspension, unless that is taken, by the same majority, a decision to rehabilitate him.
During this suspension, no Member State will be entitled to exercise a right any to the title of this agreement, except the one to resign, but he will remain subject to all the obligations of the Member States.
Section 3: Loss of membership to the Fund monetary International all-Member State ceasing to be a member of the International Monetary Fund will automatically stop, three months later, to be a member of the Bank, unless it has consented to a majority of three-quarters of the entire voting power, to allow him to remain a member.
Section 4: Clearance of accounts with Governments that cease to be members (a) when a Government will cease to be a member of the Bank, it will be required by its own obligations as well as its commitments to the Bank so that will continue to be an ongoing part of loans or guarantees contracted before that he ceased to be a Member; However, this Government will cease, now of incurring responsibilities for loans and guarantees made later by the Bank, as well as to participate, either income or expenses of the Bank. (b) when a Government will cease to be a member, the Bank shall take all provisions for the redemption of its shares, as a partial settlement of accounts with this Government, in accordance with the provisions of by. (c) and (d) below. For this purpose, the redemption price of the shares will be the value resulting from the Bank's accounting situation the day where the Government ceases to be a member. (c) the repurchase of shares by the Bank, to the title of this section, will be subject to the following conditions:
(i) any sum owed to the Government in Exchange for its shares will be held by the Bank as long as this Government, its Central Bank or one of its agencies will remain engaged as borrower or guarantor, to the Bank, and that amount may, at the option of the Bank, be assigned to one any of these commitments, in his coming term. No amount will be considered at the Government commitments resulting from the subscription to the shares of the Bank, on the basis of art. II, section 5 (ii). In any case, an amount owed to a Member State in Exchange for its shares don't will be paid within six months after the date on which it will cease to be a member. (ii) it may occur, from time to time, payments on the price of the shares, after delivery by the Government insofar as the amount due in respect of the defined redemption price above under (b) exceed the commitments arising out of loans and guarantees listed above under (c) (i), until the moment where the former State Member will be cashed the full purchase price. (iii) payments will be made in the currency of the recipient country or, at the option of the Bank, in gold. (iv) If losses are experienced by the Bank at the rate of guarantees, equity loans, or loans that were ongoing at the date on which the Government has ceased to be a member, and if the amount of such losses exceeds, on this date, the amount of the reserve established to deal with, said Government will be required to repay on demand the amount on competition which the repurchase price of its shares would have been reduced If it had taken account of those losses when the redemption price. In addition, the former Member will remain subject to any call for unpaid subscriptions, to the title of the art. II, section 5 (ii), insofar as it would have been required if the loss of capital had occurred and if the call had been made on the date of determination of the redemption price.
(d) if the Bank suspends its operations in a way permanent, in accordance with section 5 (b) of the present article, within six months following the date on which a Government ceases to be a member, all rights of that Government will be determined by the provisions of section 5 of this article.
Section 5: Suspension of operations and clearance of the liabilities of the Bank (a) in exceptional circumstances, the directors may temporarily suspend any new operation of loan and guarantee in the meantime that the Governors Council to deliberate and decide. (b) the Bank may suspend, on a permanent basis, new loan and guarantee operation, by a vote of the majority of Governors exercising the majority of the voting power. After a suspension of operations, the Bank will immediately cease all activities, except those that relate to the orderly realization, conservation and safeguarding of its assets, as well as the settlement of its obligations. (c) the responsibility of all Member States in respect of subscriptions uncleared of the share capital of the Bank and that resulting from the depreciation of their own currencies will end when creditors have been disinterested of all their claims, including their possible claims. (d) all the creditors of direct claims will be settled on the assets of the Bank, and then, on the payments made to the Bank following appeals on uncleared subscriptions. Before making any payment to creditors holding direct claims, administrators must have taken all arrangements, in their view, for distribution on the same basis as to creditors holding direct claims to potential debt holders. (e) no distribution will be made to Member States in respect of their subscriptions to the capital of the Bank until: (i) all obligations to the creditors have been addressed or have been the subject of provisions; and (ii) the majority of Governors exercising the majority of voting power decided to proceed to a Division.
(f) once a decision to carry out a distribution has been made as it says above slot (e), directors may, by a majority of two-thirds, make successive distributions of assets of the Bank among Member States, until all the assets have been distributed. This distribution can be made after payment of all claims under the Bank on each Member State. (g) prior to any distribution of the assets, administrators set the batch due to each Member State, in proportion to the ratio of the shares held by him and the total of the shares outstanding of the Bank. (h) the Executive Directors will assess the assets to share at the date of the distribution, and then will proceed to it as follows: (i) each Member State will be credited in the form of remittance of its own commitments or those of its official bodies or legal persons based on their territories, provided that no trust soustraie them to the allocation, a sum proportional to its share in the total distributed amount. (ii) once the payment referred to above under (i), any balance remaining due to a Member State will be paid in its own currency, where the Bank has her, in an amount equivalent to this balance. (iii) any balance remaining due to a Member State as a result of the payments referred to above as (i) and (ii), shall be paid in gold or in currency he pleased, insofar as the Bank holds such means of payment in an amount equivalent to this balance. (iv) all assets remaining still held by the Bank as a result of targeted payments above under (i), (ii) and (iii) Member States will be divided pro rata between them.
(i) any member receiving assets distributed by the Bank, in application of the by. (h) above, will be subrogated in all the rights vested in the Bank on these assets prior to their distribution.
Art. VII status, immunities and privileges Section 1: purpose of this section to the Bank able to perform the duties entrusted to him, the legal status, immunities and privileges defined in this article will be granted to the Bank on the territory of each Member State.
Section 2: Legal status of the Bank the Bank will have full legal personality, in particular the capacity: (i) to contract; (ii) to acquire and dispose of real and personal property; (iii) to institute legal proceedings.
Section 3: Situation of the Bank from the perspective of the lawsuits the Bank cannot be prosecuted before a court having jurisdiction over the territory of a Member State where it has an office, has appointed an officer to receive the meanings or notifications of summons or has issued or guaranteed securities. However, no legal action can be brought by Member States or by persons acting on behalf of those States, or claiming any rights assigned by these. The property and assets of the bank where they are located and regardless of the holder, will be immune from any form of seizure, opposition or enforcement until a final judgment has not been made against the Bank.
Section 4: Seizure of assets property and assets of the Bank, wherever they are located and whatever the holder, will be safe from search, requisition, confiscation, expropriation or any other form of seizure on the part of the Executive or legislature.
Section 5: Inviolability of the archives the archives of the Bank shall be inviolable.
Section 6: Exemption for the benefit of the assets of the Bank to the extent necessary to carry out the operations provided in this agreement and subject to the provisions of it, all the property and assets of the Bank will be exempt from restrictions, regulations, controls and arrears of any kind.
Section 7: Privilege communications Member States apply to the official communications of the Bank the same treatment as the official communications of other Member States.
Section 8: Immunities and privileges of leaders and staff all Governors, directors, alternates, officers and all the staff of the Bank: (i) cannot be prosecuted for acts done by them in the exercise of official duties, except when the Bank will have lifted this immunity; (ii) when they are not nationals of the State where they perform their duties , they will benefit, in terms of immigration restrictions, registration of foreigners, obligations military restrictions of Exchange, the same privileges and the same facilities as those that are granted by Member States to the representatives, officials and employees of similar other rank Member States; (iii) will benefit, in terms of travel facilities, the same treatment as that which is granted by Member States to the representatives officials and employees of similar rank of other Member States.
Section 9: Tax immunities
(a) the Bank, its assets, property, income, as well as its operations and transactions authorized by this agreement will be exempt from all taxes and all customs duties. The Bank shall also be immune from liability for the collection or payment of a tax or duty any. (b) no tax will be charged on the salaries and emoluments paid by the Bank to its directors, alternates, officers or employees, if they are not citizens, subjects, or nationals of the country where they perform their duties. (c) no tax in nature some will only be charged on the bonds or securities issued by the Bank or on dividends and interest, regardless of the holder of these securities: (i) If this tax is a measure of discrimination against such action or obligation of the fact that it is issued by the Bank; (ii) or such a tax has only legal basis for the place or the currency of issue the place or currency regulations planned or actual or the location of an office or other bank operations center.
(d) no tax will be levied on a duty or value guaranteed by the Bank or on dividends and interest, regardless of the holder of these securities: (i) If this tax is a measure of discrimination against such action or obligation by the mere fact that it is guaranteed by the Bank; (ii) or single legal basis for such a tax is the location of an office or Bank operations center.
Section 10: Application of this section all Member State will take on its own territories, all necessary measures to apply in its own legislation, the principles in this article and it will inform the Bank of the detailed measures taken to this effect.
Art. VIII amendments (a) any proposal to make changes to this agreement, that it comes from a Member State, a Governor or administrators, shall be communicated to the Chairman of the Board of Governors who will be forwarded audit Council. If the proposed amendment is approved by the Board, the Bank will request, by letter or circular telegram, to all Member States, whether they accept the proposed amendment. When three-fifths of the Member States, with 85 percent of the voting power have accepted the proposed amendment, the Bank will give Act by an official communication to all Member States. (b) Notwithstanding para. (a) above, the acceptance by all Member States is required in the case of any amendment modifying: (i) the right to withdraw from the Bank, provided by art. VI, section 1; (ii) the right guaranteed by art. II, section 3 (c); (iii) the limitation of liability provided by art. II, section 6.
(c) the amendments will enter into force for all Member States, three months after the date of the official communication, unless a shorter period is specified in the letter or the circular telegram.
The words "four-fifths" were replaced by the words ' 85 percent ' under an amendment entered into force on Feb. 16. 1989 art. IX. Interpretation (a) any question of interpretation of the provisions of the present agreement between a Member State to the Bank or Member States between them will be subject to the decision of the directors. The issue particularly affects a Member State not authorized to appoint an administrator, that Member State shall have the right to be represented, in accordance with art. V, section 4 (h). (b) in any case where administrators have rendered a decision under the terms of the al. (a) above, any Member may require that the question be referred to the Board of Governors, whose decision shall be final. Until the Council has acted, the Bank may, to the extent where it deems necessary, Act on the basis of the decision of the directors. (c) all the time that a disagreement will occur between the Bank and one ex-Member State, or between the Bank and a Member State during the suspension permanent operations of the Bank, this disagreement will be submitted to arbitration by a tribunal of three arbitrators, comprising one arbitrator appointed by the Bank, an arbitrator nominated by the Member State and a sur-arbitre which, unless otherwise agreed by the parties will be appointed by the President of the Permanent Court of International Justice or such other authority designated by the regulations adopted by the Bank. The obviates will have full power to settle all questions of procedure on which the parties would disagree.
Art. X tacit approval whenever a Member State approval would be required before the Bank could act, this approval shall, unless in the case referred to in art. VIII, regarded as given, unless that Member State does objections within a reasonable time that the Bank will have the faculty to fix in notifying the measure envisaged.
Art. XI provisions finals Section 1: entry into force this agreement will enter into force as soon as it is signed on behalf of Governments whose minimum subscriptions represent at least 65% of the total sales listed in Schedule A and that the documents referred to in section 2 (a), of the present article are filed in their name, but in no case the agreement will not take effect before May 1, 1945.
Section 2: Signature (a) each Government on whose behalf the present agreement will be signed will deposit an instrument establishing that he has accepted this agreement in accordance with its laws and has taken all the necessary steps to get in condition to perform all of its obligations under this agreement with the United States. (b) each Government shall become a member of the Bank on the date of filing in the name of the target instrument above under (a), provided that no Government will become Member of the Bank before that this agreement has entered into force under the terms of section 1 of this article. (c) the Government of the United States of America shall inform the Governments of all States whose names are listed in Appendix A and all the Governments whose membership will be approved in accordance with art. II, section 1 (b) of all signatures collected by this agreement and the deposit of all the instruments covered above under (a). (d) at the time where this agreement will be signed on behalf of each Government will send to the Government of the United States of America one hundredth of 1% of the price of each share, in gold or U.S. dollars, to cover the administrative expenses of the Bank. This payment will be a deposit in respect of the payment to be performed in accordance with art. II, section 8 (a). The Government of the United States of America providing such funds to a special deposit account and transfer to the Board of Governors of the Bank, when the initial meeting provided for in section 3 of the present article will have been convened. If this agreement is not entered into force on December 31, 1945, the Government of the United States shall return of such funds to Governments who will have them sent. (e) this agreement will remain, until December 31, 1945, opened for signature in Washington, representatives of State Governments in annex a. (f) after December 31, 1945, the present Agreement shall be open for signature by the representatives of the Governments of all the States whose membership will be approved in accordance with art. II, section 1 (b). (g) by affixing their signatures to this agreement, accept all Governments, both in their own name as in the light of all the colonies, external possessions, territories under their protection, sovereignty or authority and all territories under their mandate. (h) in the case of Governments which metropolitan territories suffered enemy occupation, the filing of the instrument referred to above under (a) may be deferred until the one hundred eightieth day following the date on which these territories were released. If, however, one of these Governments does not deposit before the expiry of that period, the signature on behalf of that Government will be considered as cancelled and the fraction of its subscription paid as it says above under (d) will be refunded. (i) by. (d) and (h) will enter into force for each signatory Government, from the date of its signature.
Section 3: Inauguration of the Bank
(a) as soon as this agreement enters into force, in accordance with section 1 of this article, each Member State will appoint a Governor and the Member State to which the largest number of shares will be allocated in Appendix A will convene the first meeting of the Board of Governors. (b) the first meeting of the Board of Governors has, arrangements will be made for the appointment of administrators on an interim basis. The Governments of five States in which the largest number of shares are respectively assigned in Appendix a. appoint administrators on an interim basis. If one or more of these Governments have not become members, the positions to which they will have the right to appoint directors will remain vacant until they become members or, at the latest until 1 January 1946. Seven provisional directors will be elected in accordance with the provisions of Annex B and will serve until the date of the first regular election of Directors, which will take place as soon as possible after January 1, 1946. (c) the Board of Governors may delegate to administrators on an interim basis all the powers, except those that cannot be delegated to administrators. (d) the Bank shall notify to the Member States the date when it will be ready to begin operations.
Done at Washington, in a single copy which will remain deposited in the archives of the Government of the United States of America; said Government will send in copies certified to all Governments whose membership will be approved in accordance with art. II, section 1 (b).
Annex A sales ($ million) Australia 200,0 Belgium 225,0 Bolivia 7.0 Brazil 105.0 Canada 325,0 Chile 35.0 China 600,0 Colombia 35.0 Costa Rica 2.0 Cuba 35.0 Denmark * 35.0 Dominican Republic 2.0 Ecuador 3.2 Egypt 40.0 United States 3175,0 Ethiopia 3.0 France 450.0 Britain 1300,0 Greece 25.0 Guatemala 2.0 Haiti 2.0 Honduras 1.0 India 400,0 Iraq 6.0 Iran 24.0 Iceland 1.0 Liberia 0.5 Luxembourg 10.0 Mexico 65.0 Nicaragua 0.8 New Zealand Norway 50.0 50.0 Panama 0.2 0.8 Netherlands 275,0 Peru Paraguay
17.5 Philippines 15.0 Poland 125.0 125.0 100.0 U.S.S.R. South Africa Union Czechoslovakia 1.0 El Salvador
1200,0 Uruguay Venezuela Yugoslavia Total 9100,0 40.0 10.5 10.5 * the share of the Denmark will be set by the Bank once the Denmark has agreed to join, in accordance with the articles of this agreement. N.d.t.: The share of the Denmark was set in March 1946 by the Board of Governors to $ 68 million.
State on June 20, 2014 Annex B Election of Directors 1. The election of the elected directors will be made by a vote of the Governors who will be voters under the terms of art. V, section 4 (b).
2. by voting for elected directors, each Governor voters will give one person all voting power, on the basis of art. V, section 3, in the Member State which has appointed it. The seven people collecting the largest number of votes will be proclaimed directors, subject to the proviso that no person shall be deemed elected if he got less than 14% of the vote likely to be expressed (recorded voice).
((3 if there are not seven elected on the first ballot, a second round will be conducted, the person which has the smallest number of votes will be ineligible and only vote: a) the Governors who voted in the first round for a person not elected and b) Governors whose voices given to a person elected are deemed , under the terms of the by. 4 above, bringing the number of votes collected by the person above 15% of the number of registered votes.
4. to determine whether the voices given by a Governor should be considered bringing the total obtained by a person given to more than 15% of the registered votes, 15 percent will be considered include, first, the voice of the Governor who brought the largest number of votes in that person, then the voice of the Governor who brought the immediately lower number , and so on until the 15% have been achieved.
5. all Governor whose voices need to be partially completed, bringing the total obtained by a person to more than 14% will be deemed give all his voice to such person, even if the total votes obtained by it is by here exceed 15%.
6. If, after the second round, there is not yet seven elected officials, it will be carried out, following the same principles, has some additional polls until there are seven elected officials, provided that after the election of six persons, the seventh will be elected by a majority of the remaining votes and will be deemed elected by the totality of such voices.
State on June 20, 2014 scope June 20, 2014 States parties acceptance Declaration of estate (S) entry into force Afghanistan July 14, 1955 July 14, 1955 South Africa 26 December 1945 27 December 1945 Albania 15 October 1991 15 October 1991 Algeria 26 September 1963 26 September 1963 Germany August 14, 1952 August 14, 1952 Angola 19 September 1989 September 19, 1989 Antigua - and - Barbuda September 22, 1983 22 September 1983 Saudi Arabia 26 August 1957 August 26, 1957
Argentina September 20, 1956 September 20, 1956 Armenia September 16, 1992 16 September 1992 Australia August 5, 1947 August 5, 1947 Austria 27 August 1948 August 27, 1948 Azerbaijan September 18, 1992 September 18, 1992 Bahamas August 21, 1973 August 21, 1973 Bahrain September 15, 1972 September 15, 1972 Bangladesh August 17, 1972 August 17, 1972 Barbados 12 September 1974 12 September 1974 Belarus July 10, 1992 10 July 1992 Belgium December 27, 1945 27 December 1945 Belize March 19
1982 19 March 1982 Benin July 10, 1963 July 10, 1963 Bhutan September 28, 1981 September 28, 1981 Bolivia 27 December 1945 27 December 1945 Bosnia and Herzegovina February 25, 1993 S 25 February 1993 Botswana July 24, 1968 July 24, 1968 Brazil 14 January 1946 January 14, 1946 Brunei 10 October 1995 October 10, 1995 Bulgaria 25 September 1990 25 September 1990 Burkina Faso may 2, 1963 may 2, 1963 Burundi 28 September 1963 Cambodia 22 September 28, 1963 July 1970 July 22, 1970 Cameroon July 10, 1963 July 10, 1963 Canada December 27, 1945 27 December 1945 Cape - Verde 20 November 1978 20 November 1978 Chile December 31, 1945 December 31, 1945 China 15 May 1980 15 May 1980 Hong Kong June 18, 1997 1 July 1997 Cyprus December 21, 1961 December 21, 1961 Colombia 24 December 1946 December 24, 1946 Comoros October 28, 1976 October 28, 1976 Congo (Brazzaville) July 10, 1963 Congo (Kinshasa) 28 July 10, 1963 September 1963 September 28, 1963 (South) Korea August 26, 1955 August 26, 1955 Costa Rica 8 January 1946 January 8, 1946 Ivory Coast March 11, 1963 March 11, 1963 Croatia 25 February 1993 S 25 February 1993 Denmark 30 March 1946 March 30, 1946 Djibouti October 1, 1980 1 October 1980 Dominique September 29, 1980 September 29, 1980 Egypt 26 December 1945 27 December 1945 El El Salvador 14 March 1946-14 March 1946 UAE United 22 September 22, 1972 September 1972 Ecuador December 28, 1945 28 December 1945 Eritrea 6 July 1994 6 July 1994 Spain September 15, 1958 September 15, 1958 Estonia June 23, 1992 23 June 1992 United States 20 December 1945 27 December 1945 Ethiopia December 12, 1945 27 December 1945 Fiji 28 May 1971 28 May 1971 Finland 14 January 1948 January 14, 1948 France December 27, 1945 27 December 1945 Gabon September 10, 1963 September 10, 1963 Gambia October 18, 1967 October 18, 1967 Georgia
August 7, 1992 7 August 1992 Ghana September 20, 1957 September 20, 1957 Greece 26 December 1945 27 December 1945 Grenade August 27, 1975 27 August 1975 Guatemala December 28, 1945 December 28, 1945 Guinea September 28, 1963 28 September 1963 Guinea Equatorial 1 July 1970 1 July 1970 Guinea - Bissau March 24, 1977 March 24, 1977 Guyana September 26, 1966 September 26, 1966 Haiti September 8, 1953 September 8, 1953 Honduras December 26, 1945 27 December 1945 Hungary 7 July
1982 7 July 1982 Marshall Islands 21 May 1992 21 May 1992 India 27 December 1945 December 27, 1945 Indonesia April 13, 1967 13 April 1967 Iran 29 December 1945 29 December 1945 Iraq December 26, 1945 27 December 1945 Ireland August 8, 1957 August 8, 1957 Iceland 27 December 1945 27 December 1945 Israel July 12, 1954 July 12, 1954 Italy March 27, 1947 27 March 1947 Jamaica 21 February 1963 21 February 1963 Japan 13 August 1952 13 August 1952 Jordan 29 August 1952 August 29, 1952 Kazakhstan 23 July 1992 23 July 1992 Kenya February 3, 1964 February 3, 1964 Kyrgyzstan 18 September 1992 18 September 1992 Kiribati September 29, 1986 29 September 1986 Kosovo June 22, 2009 June 22, 2009 Kuwait September 13, 1962 13 September 1962 Laos July 5, 1961 July 5, 1961 Lesotho July 25, 1968 July 25, 1968 Latvia August 11, 1992 11 August 1992 Lebanon April 11, 1947 14 April 1947 Liberia
28 March 1962 March 28, 1962 Libya 17 September 1958 17 September 1958 Lithuania July 6, 1992 July 6, 1992 Luxembourg 26 December 1945 27 December 1945 Macedonia 25 February 1993 S 25 February 1993 Madagascar 25 September
1963 25 September 1963 Malaysia March 7, 1958 March 7, 1958 Malawi July 19, 1965 July 19, 1965 Maldives January 13, 1978 January 13, 1978 Mali September 27, 1963 September 27, 1963 Malta 26 September 1983 September 26, 1983 Morocco April 25, 1958 April 25, 1958 Maurice September 23, 1968 23 September 1968 Mauritania September 10, 1963 September 10, 1963 Mexico December 31, 1945 December 31, 1945 Micronesia June 24, 1993 24 June 1993 Moldova 12 August 1992 12 August
1992 Mongolia 14 February 1991 14 February 1991 Montenegro 18 January 2007 18 January 2007 Mozambique September 24, 1984 September 24, 1984 Myanmar January 3, 1952 January 3, 1952 Namibia 25 September 1990 25 September 1990 Nepal September 6, 1961 September 6, 1961 Nicaragua March 14, 1946 14 March 1946 Niger 24 April 1963 24 April 1963 Nigeria March 30, 1961 30 March 1961 Norway December 27, 1945 27 December 1945 New Zealand August 31, 1961 Oman 23 August 31, 1961 December 1971 23 December 1971 Uganda September 27, 1963 September 27, 1963 Uzbekistan 21 September 1992 21 September 1992 Pakistan July 11, 1950 July 11, 1950 Palau December 16, 1997 December 16, 1997 Panama March 14, 1946 14 March 1946 Papua New Guinea October 9, 1975 October 9, 1975 Paraguay December 28, 1945 28 December 1945 Netherlands December 26, 1945 27 December 1945 Peru December 31, 1945 December 31, 1945 Philippines December 21, 1945 27 December 1945 Poland 27 June 27, 1986 June 1986 Portugal 29 March 1961 29 March 1961 Qatar 25 September 1972 September 25, 1972 Republic Central African July 10, 1963 July 10, 1963 Dominican Republic 18 September 1961 September 18, 1961 Czech Republic 1 January 1993 S January 1, 1993 Romania 15 December 1972 December 15, 1972 United Kingdom 27 December 1945 27 December 1945 Russia June 16, 1992 16 June 1992 Rwanda 30 September 1963 30 September 1963 Sainte - Lucie June 27, 1980 June 27, 1980 Saint - Kitts - and - Nevis, on August 15, 1984
15 August 1984 San - Marino September 21, 2000 September 21, 2000 Saint - Vincent and the Grenadines, on August 31, 1982 August 31, 1982 Solomon, Islands September 22, 1978 September 22, 1978 Samoa 28 June 1974 28 June 1974 Sao Tome - and - principle 30 September 1977 September 30, 1977 South Africa 31 August 1962 August 31, 1962 Serbia 25 February 1993 25 February 1993 Seychelles September 29, 1980 September 29, 1980 Sierra Leone September 10, 1962 10 September 1962 Singapore August 3, 1966 August 3, 1966 Slovakia 1 January
1993 S January 1, 1993 Slovenia 25 February 1993 S 25 February 1993 Somalia August 31, 1962 August 31, 1962 Sudan September 5, 1957 September 5, 1957 South Sudan April 18, 2012 April 18, 2012 Sri Lanka 29 August 1950 August 29, 1950 Sweden August 31, 1951 August 31, 1951 Switzerland 29 May 1992 29 May 1992 Suriname 27 June 1978 June 27, 1978 Swaziland, on September 22, 1969 September 22, 1969 Syria April 10, 1947 10 April 1947 Tajikistan
4 June 1993 4 June 1993 Tanzania 10 September 1962 10 September 1962 Chad July 10, 1963 July 10, 1963 Thailand 3 May 1949 3 May 1949 Timor - Leste July 23, 2002 July 23, 2002 Togo 1 August 1962 1 August 1962 Tonga 13 September 1985 13 September 1985 Trinidad and Tobago September 16, 1963 September 16, 1963 Tunisia April 14, 1958 April 14, 1958 Turkmenistan September 22, 1992 September 22, 1992 Turkey March 11, 1947 March 11, 1947 Tuvalu June 24, 2010
June 24, 2010 Ukraine September 3, 1992 September 3, 1992 Uruguay 11 March 1946 11 March 1946 Vanuatu 28 September 1981 September 28, 1981 Venezuela 30 December 1946 30 December 1946 Viet Nam 2 July 1976 July 2, 1976 Yemen October 3, 1969 October 3, 1969 Zambia 23 September 1965 September 23, 1965 Zimbabwe, on September 29, 1980 September 29, 1980 Date of the decision of the Board of Directors of the BIRD.
Readmission 1992 2646 RO; FF 1991 II 1121 translation of the original English text.
RO 1992 2570 1992 2646 RO, 2005 2111, 2011 2237, 2014-2391. A version of the update scope is published on the web site of the FDFA (www.dfae.admin.ch/traites).
The date of acceptance is also the date of the signature.
State on June 20, 2014