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United Nations Agreement Establishing the International Fund for Agricultural Development: Pledges of Contribution to IFAD as of December 20, 1976*

Published online by Cambridge University Press:  20 March 2017

Abstract

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Type
Treaties and Agreements
Copyright
Copyright © American Society of International Law 1977

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Footnotes

*

[Reproduced from U.N. Document A/CONF.73/15/Add.1/Rev.2 of December 20, 1976.

[The Final Act and Resolutions of the U.N. Conference of Plenipot entiaries on the Establishment of an International Fund for Agricultural Development appear respectively at 15 I.L.M. 916 and 919 (1976). The text of the Agreement Establishing the International Fund for Agricultural Development appears at 15 I.L.M. 922 (1976).]

References

* Equivalent of $US 1,011,776,023 valued as of 10 June 1976.

2/ Subject to obtaining, where required, the necessary legislative approval.

3/ Special drawing rights (SDRs) of the International Monetary Fund valued as of 10 June 1976. These equivalent values are stated merely for information in the light of sect. 2 (a) of article 5 of the Agreement, with the understanding that the initial contributions pledged will be payable in accordance with sect. 2 (a) of article h of the Agreement in the amount and currency specified by the State concerned.

a/ Payable in three instalments.

b/ This amount includes an additional pledge of $US 3 million, which was made subject to the necessary budgetary arrangements in the fiscal year 1977.

c/ Payable in two instalments.

d/ To be spent within the territory of Argentina for goods or services required by the Fund.

e/ Usable for technical assistance.

f/ $US 200,000 of this pledge was stated to be subject to confirmation, including the terms of payment and the type of currency. This amount has consequently been entered in the “not freely convertible” column.