Zakon o ratifikaciji Sporazuma med Vlado Republike Slovenije in Vlado Italijanske republike o odplačilu določenih dolgov (BITODD)

The Government of the Republic of Slovenia and the Government of the Italian Republic in the spirit of friendship and economic co-operation existing between the two Countries and on the basis of the “guidelines” of the Paris Club concerning the debts of the former Socialist Federal Republic of Yugoslavia;
    considering that the Republic of Slovenia is one of the Successor States of the former Socialist Federal Republic of Yugoslavia;
    have agreed as follows:

Article I

The present Agreement concerns the repayment of the debts – when the final beneficiary of the loan or credit concerned is located on the Slovenian territory – of the former Socialist Federal Republic of Yugoslavia, to the Istituto per i Servizi Assicurativi del Commercio con l’Estero (hereinafter referred to as “SACE”) related to commercial credits or financial arrangements guaranteed by “SACE”, having an original maturity of more than one year, pursuant to contracts concluded before December 2, 1982 and rescheduled by the Refinancing Agreements between the Government of the Italian Republic and the Government of the former Socialist Federal Republic of Yugoslavia concluded according to the Agreed Minutes dated May 22, 1984, May 24, 1985, May 13, 1986 and July 13, 1988.
    The above mentioned debts are listed in the Annex 1 to the present Agreement and have already been repaid.
    It is understood that, with regard to the debts pertaining to the same category mentioned in art. I, of the present Bilateral Agreement owed or guaranteed by entities located on the Slovenian territory but not being related to a final beneficiary located on the same territory, the Government of Slovenia will assist the Italian side in order to put the Italian Authorities in a position to claim the amounts contracted through the Slovenian bank and attributable to final beneficiaries non located in the Republic of Slovenia.

Article II

The present Agreement also concerns the repayment of:
    a) the debts relevant to the share recognised by the Government of Slovenia of the Efibanca loan (operation n. 82/2395) restructured by the Refinancing Agreements signed on January 16, 1987 and January 27, 1989;
    b) the original instalments relevant to the share recognized by Government of Slovenia on the Efibanca loan (policy no. 82/2395) inclusive and not paid to “SACE”.
    The above mentioned debts are listed in the Annex 2 to the present Agreement.
    It is to be understood, that the present Agreement will also concern the debts owed or guaranteed by the former Socialist Federal Republic of Yugoslavia and not attributable to any other successor Republic (not allocated debt), if these debts are not pertinent to the project loans whose funds were allocated to specific republics or entities.
    In such case a share of 16,39% of these debts will subsequently be attributed to the Slovenian Government in light of the recommendations that the Paris Club may formulate in this regard.
    The list of these debts will be established by mutual consent of the two Parties.

Article III

The amounts referred to in Article II will be paid to “SACE” on June 30 2001, subordinated to the ratification of the present Bilateral Agreement by the Slovenian Parliament.
    The late interest relevant to Article II will be calculated from the maturity date until December 31, 1998, at the interest rate indicated in list of Euro currency (for Lit) quoted on the Financial Times the first day of the relevant period plus a margin of 0,50%. The first interest period runs to December 31, 1992; thereafter, the interest period runs for the six month period beginning January 1, and July 1, of each year, commencing with January 1, 1993. From January 1, 1999 until June 30 2001 the late interest will be calculated at the six month Euribor quoted on the Reuters screen page of the first day of the relevant period plus a margin of 0,50%.

Article IV

If the Government of the Republic of Slovenia and the countries taking part in the Paris Club agreed to a newly adjusted percentage of the portion of the non allocated debts of the former Socialist Federal Republic of Yugoslavia for which the Government of the Republic of Slovenia is responsible, consultations will be held between the two Parties in order to modify the present Agreement.
    Any modification of this Agreement shall be subject to the mutual consent of the two Parties.

Article V

If in the course of the implementation of this Agreement any question should arise which need clarification or require the Agreement to be supplemented, the two Parties shall endeavour to reach a solution without delay.

Article VI

The present Agreement shall come into force as from the receiving date of the last notification by which the two Contracting Parties shall communicate officially the fulfilment of their respective ratification procedures.
    In witness thereof, the undersigned Representatives, duly authorized by their respective Governments, have signed the present Agreement.
    Done in Ljubljana on May 31, 2001 in two originals in the English language.