Certainly, here is the translation of the provided text:
1. **Essence of the Agreement:** The agreement between the Government of Ukraine and the Government of Japan provides a credit to Ukraine in the amount of up to 471.9 billion Japanese yen. The credit is provided through the Japan International Cooperation Agency (JICA) to support programs aimed at covering the needs of the budget of Ukraine, as well as promoting the reconstruction and development of the country. The funds may be used to cover expenses already incurred or future expenses, as well as for local currency needs.
2. **Structure and Main Provisions:**
* The agreement consists of a note from the Ambassador of Japan and a note of response from the Minister of Finance of Ukraine, which together form an international treaty.
* The credit is provided through the Financial Intermediary Fund (FIF) and its implementing agencies.
* The terms of the credit include a repayment period of up to 30 years after a grace period, an interest rate linked to the Tokyo Overnight Risk-Free Rate (TORF), and an availability period until December 31, 2027 (with possible extension).
* The agreement envisages the use of funds to cover expenses related to the implementation of Ukraine’s reconstruction and development programs.
* Important are the provisions on procurement, which must be carried out in accordance with international competitive bidding, as well as the exemption of JICA and Japanese companies from taxes and fees in Ukraine.
3. **Main Provisions for Use:**
* The Government of Ukraine undertakes to ensure that the credit is used exclusively for the specified purpose and to refrain from using it for military purposes.
* The Government of Ukraine is responsible for repaying the credit and paying interest.
* It is important to ensure the transparency and efficiency of the use of credit funds, as well as compliance with the procurement procedures provided for in the agreement.
* It is necessary to ensure the safety of persons involved in the execution of the Credit and the general public of Ukraine during the construction of facilities under the Credit and the use of such facilities.
* It is important to ensure the proper maintenance and effective use of facilities constructed under the Credit.
This agreement is an important instrument for supporting the economic stability and development of Ukraine, providing financial resources for the implementation of necessary programs.
