Conformed Copy - L3805 - Technical Education and Training Modernization Project - Supplemental Letter 2

Page 1 UNITED MEXICAN STATES February , 1995 International Bank for Reconstruction and Development 1818 H Street, N.W. Washington, D.C. 20433 United States of America Re: Loan No. 3805-ME (Technical Education and Training Modernization Project) Implementation Letter Dear Sirs: We refer to the Guarantee Agreement of even date herewith entered into by and between the United Mexican States (the Guarantor) and the International Bank for Reconstruction and Development (the Bank). With reference to the provisions of the Guarantee Agreement, and in particular the Guarantorþs obligations under Sections 3.01 and 3.11, 3.13, 3.14 and 3.19 thereof, the Guarantor hereby confirms its understanding with the Bank on the following: (i) that the timetables, targets and indicators referred to in such section 3.01, as well as those to be covered in the annual progress reports referred to in such Section 3.19 (a), are those included in Attachment I to this letter; (ii) that among the topics to be covered in examining the status of Project implementation referred to in Section 3.19 (b)(i) of the Guarantee Agreement shall be those included in Attachment II to this letter; (iii) that the selection criteria referred to in Sections 3.11, 3.13 and 3.14 of the Guarantee Agreement shall be those included in Attachment III to this letter; and (iv) that composition and terms of reference for the Project Steering Committee and Project Administration Unit referred to in Section 3.18 in the Guarantee Agreement shall be those included in Attachment IV to this letter. Very truly yours, UNITED MEXICAN STATES By Authorized Representative CONFIRMED: INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT By _____________________ Authorized Representative Page 2