Regulation for the International Cooperation and Development Fund in Providing Guarantee for Credit Facilities extended to Private Enterprises who Invest in Countries with Formal Diplomatic Relationships Article 2

(1) To encourage the enterprises of this country to invest in countries with formal diplomatic relationships, to expand overseas’ markets, and to enhance the economic ties with countries with formal diplomatic relationships, the International Cooperation and Development Fund (hereinafter “the Fund”) is to conduct operation of guarantee in order to assist the investors to obtain credit facilities from the financial institutions.(2) The Fund shall assess the amount of funding required based on the operating conditions of the aforesaid guarantee and shall report the same to the Ministry of Foreign Affairs, which shall fund the operation through budget appropriation.(3) The budget for the operation of guarantee and the maximum amount that the Fund may undertake to guarantee shall be determined by the Board of Directors.(4) The Fund, as determined by the Board of Directors, may suspend the operation of guarantee as provided in Paragraph 1. The suspension shall be announced by the Fund after having submitted notice thereof to the competent authority for record. These procedures shall also apply to the restoration of the operation of said guarantee.