2. Article

Each party shall bear its own insurance costs. IV DESIGNATION OF LIAISON OFFICERS The designation of liaison officers on behalf of the Host and on behalf of the Bank will be made by an exchange of letters at a later date. V ANNUAL MEETING LIAISON BUREAU IN RIGA The Host will provide the Bank from 1 September 1999 with suitably furnished offices to be used by the Conference Planning Adviser resident in Riga, his secretarial staff, and Bank staff on mission to Riga. The cost of installing equipment in these offices and of using such equipment will be borne by the Bank. VI AMENDMENTS This Memorandum may be amended at the request of either party provided that both parties agree to the proposed amendment. Any such amendment shall be in writing signed by the authorised representatives of the parties. VII ANNEXES Annexes to this Memorandum of Understanding shall be drawn up and agreed between the Parties on various logistical matters relating to the commitments of each party in more specific detail. Upon signature on behalf of the Parties, each such Annex shall form an integral part of this Memorandum of Understanding. This Memorandum is signed in London on 29 May 1998, in four originals: two in English and two in Latvian. In the event of any difference, the English language version shall prevail. For the Government of Latvia For the European Bank for Reconstruction and Development ……………………… ……………………… Roberts Zile Antonio Maria Costa Finance Minister, Secretary General, EBRD EBRD Governor for Latvia