33877 v 1 , , 2004 2004 _______________________________________ , - - - JBIC (Japan Bank for International Cooperation) & - : ............................................................................................................................ I ...................................................................................................................................................II I: ............................................................................................................................1 II: -..................................................................................................................................4 . .......................................7 B. .........................8 III: ..........................................................................................9 A. ............................................................9 B. ....................................12 . ..........................................................................15 IV: .............................................................................................................................17 A. ..........................................................................................................................17 B. .................................................................................................21 C. ...............................................28 V: ........................................................32 A. ................................................................................................................32 B. ...........................................................................................................33 C. .................................................................................................................35 D. ......................................................................................................36 E. ..........................................................................................39 VI: ...................................43 A.................................................................................................................................43 B.............................................................................................................................................47 . ..............................................................................................................................................48 D......................................................................................................................................52 E...........................................................................................................................................55 VII: ....................................................................59 A. ..............................................................................................59 B., ...................................60 C. ..............................................61 D. - .............................62 VIII: , ..............................70 . ...........................................................................................................................70 B.............................................................................................................................................70 C. ....................................................................................................74 ES 1: ...............................................................vii ES 2: () ...............................................vii ES 3: ..............................................................................xi ES 4: ....................................................................................................................................................................xii 1. 1: ...............................................1 3.1: / - 2002 .........................................................................................................9 3.2: 2002 .......................................................10 3.3: , 2002 ...............................................11 3.4: 2003 ...............................................................13 3.5: 1990-2000..................................................................................................................................................14 4.1: : ........................................19 4.2: ...........................................20 4.3: ............................................21 4. 4: ..............................................28 4.5: , ()..........................................29 4.6: 30 5.1: ......................32 5.2: / ..................................34 5.3: ............................................................36 5.4: .............................................................................39 5. 5: .........................................41 5.6: ...................................................................................................................................................41 6.1: ................................................45 6.2: ­ () ()..........................................................................................................................................45 6.3: ......................................................46 6.4: ............................................................................54 7. 1: ( ........................................61 S 1: - .....vi 4.1: ......................................................................20 4.2: ...........25 4.3: ............................................................................................................................................26 4.4: , .........................................................................30 5.1: ....37 5.2: ( )....................................................................................................................................................38 5.3: , ..........................................................40 6.1: ...............................................44 6.2: 2001 ................................................................50 6.3: .......................................................................................51 7. 1: ..............................................65 7. 2: ....68 8. 1...................................................................................................................................................75 2. 1: .................................................................4 7. 1: , .........67 7. 2: ......................................................69 ( ) 3.1: 4.1: 4.2: : 4.3: 5.1: 5.2: 5.3: 7.1: - 7.2: «-» - 8.1: - , , , , , , - . , , . : , , ; ; (, - ) ( , ) . , -, , - . , , , , . i 1. - 1 . , . , , . , , ; , , , . 2. . , . , . , . , , , , . 3. , , , , . , , , . , , , , , , . , . 4. - , , , . , . (i) 1, , , . ii ; (ii) , (iii) . 5. : i. - 2020 , . ii. . , , . iii. : -I , , -II , . -II . , . iv. , - , - . v. . , . , , , . . iii , . i. , , , ­ , . , , . ii. , , . ( ), , 2. iii. , , . , . . , . - , . , , « » . / , , , , , , . , , , - . i. , , , . ii. , , . , , 2 , , , . iv , . iii. . . , , , , , . iv. . . « », , , , . « » , , . i. , , -II , , , , . ES1 . , , , ( -II) . ( 10 ). . ii. , , , , 3. (a) ; (b) 3 . v , . INTERIM CG MEETING Copenhagen April 29, 2002 : II ? : : - : II I 1- 5 3 - 10 8 - 15 S 1: - vi 6. ES1 4 , , 2025 . ES 1: () 2003 2010 2015 2020 2025 58 944 72 056 84 034 98 367 115 146 12 145 9 222 10 033 11 296 12 719 16 348 11 267 12 410 13 972 15 731 48 691 46 597 51 255 56 589 62 479 4 136 128 139 142 157 731 180 225 206 075 : 7. , 2005-2010 . , , , , . , , 2005 ­ 2010 ., , , , , . 8. , , . ES 2 . ES 2: () 2003 .* 138 ,7 14 ,4 26 ,9 49 ,3 2025 . 229 ,3 * 5- : 9. ES2 , 2020 . . 4 , . . , . , , . vii . . , , . 10. , , : i. , , , . , , . 1998 - ( , ) . , . , . ii. , . , , . , , , , . iii. . , ­ « -I» 800 « - II» 400 . « » 670 . 11. : i. , . viii ii. , , . , , . , , , , , . 12. , - ( ). , , , : i. . , . , , . , , . ii. , . iii. . - () - () , , . , , . 13. , , , ­ , . , , . ix 14. . . . , . , , , - . 15. , . . , , . , , , 500- . , , , , . , . 16. . , . , , . 17. , , . , . 18. () (.. ). , . 500- -. , . « » -I. x 19. , , . , . , -I . . 20. , « -I» « -II» , , - . , , . 21. ES3 5: ES 3: No. / / 1 I 800 1,68 1,75 1 2 II 2 400 2,76 2,92 5 3 II 400 2,55 2,67 4 4 I 1 900 7,17 8,54 9 5 II 360 3,72 3,95 7 6 670 1,97 2,44 2 7 I 1 200 2,46 2,91 3 8 I II 3 600 2,83 3,24 6 9 1 000 4,54 5,05 8 : 22. , -I , ­ , -II . , , , , . 5 , . . xi 23. , . -I. ( ) ES4. ES 4: (/) - 3,7 , I, I II 0,51 2,26 ­ 3,43 3,6 , I, I II 0,54 2,29 ­ 3,46 5,6 , , I II, II 0,51 2,26 ­ 3,75 3,6 , I 0,72 2,47 ­ 3,16 3,0 , I 0,55 2,30 ­ 2,99 : 24. - , . , , . , , . , , , , , . 25. , , , - , . , , , . , - , , . xii I: 1.01 - (), , , . , 1.1 . , , , . 1. 1: 1,100 5.5 1.7 75 82 1,264.20 1,500 5 5 2,252 1,476 5,238 24,300 580 500 Insignificant 2,851 28,231 26,900 591 507 2,327 4,409 34,734 % 77.4 1.7 1.5 6.7 12.7 100 / 27,000 163,000 317,000 2,000 15,000 524,000 / 2.3 14 27.3 0.2 1.3 45.1 % 5.2 31.1 60.5 0.4 2.9 100 1.02 , , . , . . 1.03 , . , : · , . . · , , . · - ­ , , . · . 1 1.04 - . , , . , , , () . 1.05 , , , , . . , , , ( 2020 ). 1.06 , , . 1.07 , , , ( ) , / , , . , . , : (a) , , ; (b) , ; (c) , , ; (d) , , . 1.08 , , , , . - () 2002 6 , . 8 2003 6 . 2003 - , «». , . 2 - , . 1.09, ( ) . , , 1998 . , . III. 1.10 , , , . 1.11- , , , . , . (a) ; (b) , (c) . 1.12 : ( III); (20-) , ( IV); , , , ( V); - ( VI); , ( VII); , , , , ( VIII). 3 II: - 2.01 « », , , « ­ ». 2.1. 2. 1: , , , . , , 75 % 25 % . , - , , . , , , . , , , , , . , 1998 , , , . , , . , , (.. 6 . . . 3 . . . ), (.. ). , , , . : (a) ; (b) , , , ; (c) ; (d) , ; (e) , . , , , , , . 2.02 , 2004 . 2004 4 , , , . 2.03 , : · , , , . · , , , , . · , « », , , , 1998 , , . · , , , . · - , . · , ( ), , , , 1998 , , , . 2.04 , , , , , : · , . · , , .7 2 . . . , 7 { 0,690 . . .}, (0,650- 0,750 . . .) (0,3 . . .) 0.8 . . . . 5 , . · , , , , . · . 2.05 , USAID, , 12 (). , , , , , , , , , . , 4.5 . 2.06 , . 1,5 , 20 % . , 400- II ( IV V). , , 2010 ; , 2020 . 2.07 . (.. ) , . , - , ( ). , , - , , . 6 . 2.08 , , .. , - . . , , , . : a) . . , - : (i) ; (ii) , . , , , , . b) , . , . , : (i) II, ; (ii) 500- - , , . c) , - . - () , - (). 7 , . , , , , , , , . 2.09 , , . B. 2.10 () , . , ( ) (), , . 8 III: A. 3.01 , , - (), .8 9 3.1. 3.02 . . - 3.1. . -, 150 . -, 134,445 , 97,984 , 27%. 3.1: / - 2002 () 2,950 4,059 1,710 2,000 10,719 () 763 346 9,870 16,240 27,219 () 3,713 4,405 11,580 18,240 37,938 () 3 100 3,428 7,800 13,840 25,068 () 2,687 2,901 7,925 9,432 () 10,778 15,086 7,278 8,861 42,003 () 1,115 138 42,021 49,317 92,591 () 11,893 15,224 49,299 58,178 134,594 () 1,216 266 634 595 2,711 () 430 1,058 609 464 2,561 () 11,107 16,016 49,274 58,048 134,445 () 6,836 12,988 38,112 40,053 97,989 3.03 2002 22 945 . , 40% , , 8 . 2003 , . , . 9 - 9 , , , , , . ( ), . 3.04 . 3.2, , 56% . , . 67% 60% . , . , . 3.2: 2002 (%) 33 57 47 40 44 (%) 67 43 53 60 56 3.05 , . , . . 3.06 . , 1990-1998 , 1990 . , , , . () () , . 58% 2003 . , . 8% 1990 34% 2001 . 10 3.07 , . ( ), ( , ). , , . , , , . . , 18% , 22 23% . 5% -18% . , 70 85% . , , , 40 55% . , 50% , 35% 40% . , . , 3.3. 3.3: , 2002 . () 4,271 3,028 11,162 17,995 ( % ) 38 19* 23 31 () 1.1 1,0 4.1 4.3 ( % ) 80 70 85 N/A ( % ) 80 70 75 85 55% 60% 60% 45% * 3.08 . 500, 1400 , . , , , . 500 ( ­ ), ( ­ ). 220. . 500 - - , . 11 3.09 , , . , - ( ), , , , . , - () . , . . B. . 3.10 . , . : , , . , 3.1. 3.11 , . ( ), , , , . , . , , , : · . 85% ( ) . . 21 () , ( ), 100 . , . . . , . -. 12 · , , . , . . , . . . · . , 15 . . 110 . , . · , - 25 , . , , , , , . . . . 3.12 . 0,5 / 2,64 / , , 3.4. , . , 2001 ( 10% ), 2005 . , , , . 3.4: 2003 (/) 1.40 0.50 2.15* 2.64 (/)** 2.30 2.10 3.50 2.80 % 61% 24% 61% 94% * 2004.; ** . III 4.1 3.13 . , 85% ( ) , 9 . . 13 , - 25- . , , . (50% ) 4 (30% ) 49% . 3.14 . 1990 , 3.5. / 2000 30% 1990 , , 80% 1990 . 1992 , , , 1993 , . , , , . . , 10. , , , . 2000 5000 12 , 7 . 3.5: 1990-2000. 1990 () * -- 277 0 0 310 0 587 697 -- 0 0 2383 0 3080 0 324 -- 0 2344 0 2668 0 0 0 -- 6066 0 6066 8139 0 3927 946 -- 0 13012 * 0 0 0 0 0 -- 0 8836 601 3927 946 11103.2 0 2000 () 10, ( 35) , (, ). 14 * -- 0 0 0 0 0 0 1253 -- 154 0 1926 0 3333 0 126 -- 0 244 0 370 35 0 819 -- 68 0 921 0 195 729 32 -- 0 956 * 2224 0 0 0 0 -- 2224 3512 320 1702 32 2237 0 * . 1990-2000 . : · 85% 8,8 1990 1,3 2000 . · , , , 6% 2000 1990 , 2000 , , . 2 , 35%. 50% 0,6 1990 0,3 2000 . · 56% 3,9 1990 1,7 2000 . 85% 2,7 0,4. · 97% 0,9 0,03 , 85% 6,1 0,9 . · 1990 2000 80% 11,1 1990 2,2 2000 . 92% 13,0 1990 1,0 2000 . 3.15 , 2000 , , , - . , . . 3.16 , , . : · , ; · , ( ), , , : (a) ; (b) (, , ); (c) , . 15 · , , . , . · . · , , . / . 3.17 , , , . , . , . , , . 16 IV: 4.01 : , , , , . A. (i) . 4.02 , . , , . , , - - , . , , , . , , . ­ ­ . , , , , , . , , . , . , , . , . , . (ii) 4.03 , ( ), .11 , 11 , . 0,5% 1% , 4% 6% , 6% 8% . 17 4.1. . · : , 1,2 1,4 (.. 1,2 1,4 ). ( ) , . , , 0,8. . · : ­0,1 ­0,2, , 0,1 0,2 . ( , ), : . , , , ; (, ), ; ­ , . () . . , . , , ­0.1, ( 80% 300% ) ­0,3. · : , , , , , . , , . (iii) 4.04 4.1 . ( 2010 ) 18 0,31%. , , 2,94%. ( 2025.) , 1,90% . (3,09%), 0,17% 2003 . 4.1: : () 2003 2010 2015 2020 2025 2003- 2003- 2003- 2003- 2010 2015 2020 2025 58,944 72,056 84,034 98,367 115,146 2.91% 3.00% 3.06% 3.09% 12,145 9,222 10,033 11,296 12,719 -3.86% -1.58% -0.43% 0.21% 16,348 11,267 12,410 13,972 15,731 -5.18% -2.27% -0.92% -0.17% 48,691 46,597 51,255 56,589 62,479 -0.63% 0.43% 0.89% 1.14% 136,128 139,142 157,731 180,225 206,075 0.31% 1.24% 1.66% 1.90% 4.05 ; 94% ( III, 3.4), . 2005-2020 , , 103% , . . 2025 ­ - 2003 . 2010 , . : (a) 1990- , 87% ; (b) , (c) 37% . (iv) 4.06 III, . , ( ) ( ) . , , . ( ) , . . . 58% ( 4.1). , 19 , . 25,000 20,000 15,000 10,000 5,000 0 2005. 2010. 2015. 2020. 2025. 4.1: , 2005-2025. (v) 4.07 , ­ , , ­ - . . 4.2, 4.1. 4.2: 1% 1% 0.74 0.08 0.53 0.52 0.64 0.74 0.45 0.22 0.63 0.20 4.08 , . 2005-2025 , 1% 20 0,63%, 1% , 0,2%. -. , , , . , , . , . . B. 4.09 : (a) ; (b) ; (c) . (i) 4.10 . 4.3 , . , . , . , 8% 4% - 5%, , ( , 2003 , 90% 1990 ); , 12. 4.3: * (%) (2004.) (%) () 2010. 24 15 2004-2010 5,843 34 13 2004-2010 1,39213 28 13 2004-2010 1,988 25 15 2004-2010 4,064 * , ( ). 12 80 , , , . 13 220 2001 . 21 4.11, , . , 2005-2010 , 13 287 2010 . , , 3 009 2004 . (ii) 4.12 . . ( -1). . , . · 9 870 ( 11 ), 8 200 . 35 / 200 000 , 7 800 . , 81 - , 200 , . - , , . 2004-2023 , 1,15 , 32 000 ( 2005-2025.), . · , ( ) . I II, . , (29% I, 77%; 51% II; 52,5% , 54% ); 58% 10 600 2015 . , I 440 , 11 283 . , 1,070 (770 22 300 , ) 60%. 17 118 . (iii) 4.13 , 14. · 15: II 500 , , 500 . . 1 085 .16 1000 1 , 1300 , .17 , 2008-2011 , , 7 446 . · II : , II, . 1985 , 1992 . 800 , 1 . , , , / , 47 , . -. 220 , . 400 , , . , , 2007 , 2 453 2007 2008 . 14 , , .., , . , . 15 , 50% . 16RWE Solutions/Lahmeyer International: -, 2002 . 17, , . 23 , , 200 .18 · I II . I , 1 900 , , (. 4.2). , 275 , , / , . 3,4 , . 180 , 5 000 30%. ( 14 ), I , , . . I 1,67 , ( 265 ), 1,94 ( 1000 /)., 8 9 , 2017 , 2020 . 18 , 600 700 1 , , , 500 /. 24 Chui Almaty Glavnaya Jambal Kara Balta Tokmak Ala Archa Shymkent Kemin Semetey Bishkek Balykchy Talas Frunzenskaya TET Toktogul Ala Bel Tamga Cascade Kambarata 2 At Bashi Kurpsai Toktogul Hydro Tash Kumyr Naryn Uch Kurgan Shamaldi Sai Ak Kiya Upper Naryn Tashkent Krystal Hydro Datka October Jalalabad Lochin Osh TET Stepnaya Uzlovaya 500 kV 220 kV 110 kV 110 kV Existing Existing Substations Alai and Lines Aigul Tash Proposed Proposed Kara Bulak Bakten Existing Existing Power Stations and Lines Proposed Proposed II I : - KYRGYZSTAN ELECTRICITY SYSTEM KYRGYZSTAN ELECTRICITY , , , 2003. SYSTEM 4.2: · II , , I, (. 4.2). 360 I, 240 . , , , 62 , / , . 1,100 240 1,260 360 . , . 20% , 280 240 , . 1 II 1,167 . , I, II, , . , , , , - , 2008/09 , 2012 . 25 4.3: · (. 4.3). 3 600. 335 . , , , , 800 ( ). 1992 . , , 2,1 19. I , , 19 2,9 , , , 800 . 26 ; , 800 . I 4,300 , 400 . , , I, 785 . · , II, 335 2 800 , 1,67 . II, 13,000 , 1,300 . · , (. 4 5 4.3.) . , 1992 . 670 , 2,700 . 60% ( ), . 482 , , 114 . 368 . · , 800 . , . , . , 2005 . , 100 , 60% 4,537 . . . 800 , , , 2009-2013 . 1,2 (500 /1), . 13,613 . (iv) 4.14 139 2003 228 2025 . 54% , 16% 27 , 30% - (. 4.4). 45% , (22% ) (9%). 4.2 . 4.15 , : · , ( II), 1,5 , , 1,5 ; · (, , ), 860 . 4. 4: () , : 41,094 5843 28401 6850 45% 10,121 1612 - 8509 11% 19,678 1,988 +860 - 16830 22% 19,637 4064 -1489 17062 22% 14,367 26,912 49,251 90,530 16% 30% 54% 100% : 3 . 860 . C. 4.16 2005-2025 ( , ) 4.5. , 2005 , 7.4 . , 43.4 20020 2025 , 16.5 , . , , . (2015.) (2020.). 28 4.17 . 2005 1,6 (2% ), . 2010 6.9 , 2020 15.5 . 2025 , , . (, , ) 2020 , I II, II. , . 2010 . (. 4.5 4.4). 4.5: , () 2005. 2010. 2015. 2020. 2025. 3198 3623 6876 3745 -234 -2504 -2969 -130 -5563 -12318 694 654 6746 -1818 -12552 4737 6283 6863 6406 5991 -2092 1584 1517 5761 4753 2645 7866 8381 12167 10744 1511 4587 6767 12579 11697 96 2841 4287 8308 7431 1607 7429 11055 20887 19128 1620 3904 7635 5088 2091 2862 5485 9846 7058 3767 4482 9389 17481 12147 5858 11066 18396 28142 27819 19545 -1637 6942 15521 15564 3633 9429 25338 43663 43383 23178 4.18 , . , , , ( , , ). , . 29 30000 20000 10000 0 2005 2010 2015 2020 2025 -10000 4.4: , 4.19 . , 4.6. , . , 90% . 4.6: ( ) 2004- 2006- 2011- 2016- 2021- 2004- 2005 2010 2015 2020 2025 2025 (/) 324.0 972.0 0.0 0.0 0.0 1296.0 2.8 -1 0.0 308.0 132.0 0.0 0.0 440.0 2.65 0.0 395.9 460.1 214.0 0.0 1070.0 2.75 324.0 1675.9 592.1 214.0 0.0 2806.0 2.8 50.0 200.0 0.0 0.0 0.0 250.0 2.3 50.0 200.0 0.0 0.0 0.0 250.0 2.3 25.0 285.0 0.0 0.0 0.0 310.0 2.1 25.0 285.0 0.0 0.0 0.0 310.0 2.1 172.9 691.8 288.2 0.0 0.0 1153.0 3.5 87.0 522.0 246.8 80.7 213.5 1150.0 3.6 259.9 1213.8 535.0 80.7 213.5 2303.0 3.5 658.9 3374.7 1127.1 294.7 213.5 5669.0 30 4.20 4.6 /1 , . , /1 ( 2004 ) 2,1 ; 2,3 ; 2,8 3,5 . 4.1. 31 V: 5.01 : , ? ? ? A. 5.02 20 5.1. , I , . ( ) II . 5.1: . 1 . (. - . ) - () () (. ) 370 2009 670 2,700 2,673 I () 785 2014 1,200 4,690 4,643 I II () $2,455 2014 3,600 14,300 14,157 I () 1,940 2017 1,900 5,100 5,049 II (. ) 280 2012 240 1,116 1,105 II ( ) 196 2007 400 2,453 2,355 I , 100 2005 800 4,537 4,265 II , 1,200 2011 2,400 13,613 12,796 , 440 2010 2,000 12,264 11,283 , 1,085 2020 1,000 7,446 6,850 5.03 , I II , 3,600, , 3,200 . , , , 1 , . , 18,150 , 65%. 20 4 500 -I, AES , , . 32 (, 85%), 21 22, , , . 14,300 23, 45%. ( 20 30%), , , 20 . I , 12,300 , 70%, . 5.04 , , -I, -II, . , , 4 , 2009 . , -I, , 4-5 , , 7 . , . , , 2014 , -I 2017 . -II 2012 , , -I24. , -II , . , -II, 2009 , 2011 . 2016 , 2019 . B. (i) 5.05 , , 5.2. 5.1, 21 800 , , 65%, / . , . , . 22 , . 15 , . 23 1,300 . 24 , . -I, , . 33 , ( ), , , (.. ). , (.. ). -I , , . 2003 . 5.06 -I, . , -II, ( ) . , (60%), , , , , . 5.07 , -I 7,17 /, . , 1 50% (1,021 682 ), (31% 41%). -I , , ­I , . , . 5.2: / (/) / ./ 3.7 3.56 5.6 3.0 3.6 4.0 1.97 2.1 I 2.46 2.1 I II 2.83 2.1 I 7.17 2.3 II 3.72 2.3 II 2.55 2.3 I 1.68 3.5 II 2.76 3.5 2.65 2.8 34 4.54 2.8 5.08 / 10%. , , , , 10%. 5.2 (a) , 25; (b) . 5.09 , , . , , I II 26, , . , , , -I , , . , . C. 5.10 , . , , , . , , .. 5.11 , , ( 5.1) , () , . , 25% 75% . ( ) ( , , , , ). : - 10%, - 15 . , 15% , 25 , , , . 26.. . 35 17% 24% 27. / 20- , . 28 , ( ) . / 5.3. 5.3: , / 2,673 2.44 I 4,643 2.91 I II 14,157 3.24 I 5,049 8.54 II 1,105 3.95 II 2,355 2.67 I 4,265 1.75 II 12,796 2.92 11,283 2.66 6,850 5.05 5.12 , , -I , -I . D. 5.13 , , , , . 5.14 , , ( , ). , . , , , , 5.1 5.2. 27 , , - . , , , , 15% . 28 . , , , , , , , , , . 36 AIC USc/kWh 10 9 8 7 6 Kazakh AIC 2.8 ¢/kWh 5 Uzbek AIC 3.5 ¢/kWh 4 3 2 1 Tajik AIC 2.1 ¢/kWh Kyrgyz AIC 2.3 ¢/kWh 0 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 Plant Factor % Sangtuda HPP Rogun HPP I Rogun HPP I and II Kambarata 1 HPP Kambarata 2 HPP Talimatjan TPP Unit #1 Talimatjan TPP Units #2-4 Bishkek 2 Ekibastuz 1 Kazakh New 5.1: 5.15 5.1 . , . , / . , . , (. 5.2). 37 AIC USc/kWh 10 9 Generation costs in 8 Pakistan 5.6 c/kWh 7 6 5 Generation costs in Afghanistan 4 Iran and China 3.6 cents/kWh 3 2 Generation costs in Russia 3.0 c/kWh 1 0 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 Plant Factor % Sangtuda HPP Rogun HPP I Rogun HPP I and II Kambarata 1 HPP Kambarata 2 HPP Talimatjan TPP Unit #1 Talimatjan TPP Units #2-4 Bishkek 2 Ekibastuz 1 Kazakh New 5.2: ( ) 5.16 , , , . 5.4. 1, , , . , , , . , . . -I , , . 38 5.4: , 1.0% 1.0% 1.0% 1.0% 1.0% / * ** 2.44 1.25% 0.97% 0.70% 0.42% .. 1 2.91 1.25% 0.99% 0.71% 0.45% .. 1 2 3.24 1.25% 0.89% 0.79% 0.49% .. 1 8.54 1.25% 1.00% 0.82% 0.52% .. 2 3.95 1.25% 0.99% 0.38% 0.46% .. 2 2.67 0.83% 0.46% 0.30% 0.21% 0.34% 1 1.75 0.37% 0.17% 0.09% 0.04% 0.71% 2 2.92 0.81% 0.59% 0.47% 0.31% 0.17% 2.66 0.63% 0.23% 0.18% 0.12% 0.50% 5.05 0.60% 0.59% 0.46% 0.50% 0.29% *1% 10% 10 ; **1% (17 , 17%). E. 5.17 , - , , . , - , , , () . 5.18 , , , 136 (2003.) 184 1990 . , . II . , - , , . . , . 5.19 , , , 5.3 ( ). 39 5.3: , 5.20-- , ( ), , . ­ -- ­ ( ), 220 . ­ -- ­ , , , . ( ). , - . 500 , -, 500 . 5.21 , , / (. 5.2 ). 5.5. 40 5. 5: . . . . . . . . . . / / . () ­ () 1,050 500 10,000 1 1 390.0 0.66 0.72 () ­ () 515 500 . 5,000 2 1 153.0 0.43 0.51 ()- () 360 500 . 3,000 1 1 90.5 0.44 0.49 () ­ () 1,150 500 . 10,000 4 1 320.0 0.53 0.59 ()- () 490 500 . 5,000 2 1 138.2 0.40 0.46 () ­ () 900 500 . 4,000 3 1 226.6 0.84 0.99 5.22 , ( ) 5.6. -I , , , , I II , . II , ­ II . 5.6: (/) 3.7 , 1, 1 2 0.51 2.26 ­ 3.43 3.6 , 1, 1 2 0.54 2.29 ­ 3.46 5.6 , , 1 2, 2 0.51 2.26 ­ 3.75 3.6 , 1 0.72 2.47 ­ 3.16 3.0 , 1 0.55 2.30 ­ 2.99 5.23, , : i. 2020 , ; , . 41 ii. . . , , . iii. I , , ­ II , . ­ II . , . iv. , - , - . v. . , , , . vi. . , , , , , , , . vii. , II, . . , , , . 42 VI: A. 6.01 : , . , : 30 , 95 ; 100 . , , , . . 1970- , . 2003 454 , 28530 , , , --. , 245 (200 45 ). 65, . 6.02 , - , , , C 6.1. (, 20 , ) . , 132 -- ( 150). 30 , , , , 2003 43 : ­ , , 2003. 6.1: 6.03 , . , 2004 . 220, 110. () --, 241. 6.04 : 750, , 215 . , 470 , 121 . 6.05 : . 234 000 . 202 000 . 76 000 . 6% . , , , , , 16/29, , , . 6.06 : , 25% 2002 . 20%. 45%, . 54% . 29 ( AFG 36673) , , 2003. 44 6.07 : (, , ..), . - ( , , 50% ), , . 6.08 : , , . 6.1. 6.1: () 4 1 10 1 () 2 (); - 5 ; 2 (); 2 () - . 6 ()_ 150 (.) / / 15 . / ( /) 2.25 2 2 2 : , . 6.09 , 150 10 2.0 / . ­ . 6.10 : 2020 , 6.2. 6.2: ­ () () . . . . . . . . . . . . 359 111 212 55 571 166 1522 347 1047 239 2133 487 49 8 9 5 58 13 260 54 176 36 374 78 1 2 30 6 31 8 166 38 105 24 248 57 28 14 75 12 103 26 358 80 248 55 604 129 149 38 52 13 201 51 680 155 432 99 969 221 1 2 36 8 37 10 325 74 196 45 509 111 141 30 43 12 184 42 431 90 292 61 625 130 22 10 13 10 35 20 126 67 175 92 750 215 470 121 1220 336 3868 905 5637 1305 : - , 2004 6.11 , 3 868 2020 . 6,6% 45 ( ) 9,5% (2002.). , 5 636 2020 . 46% , 8,9% ( ), 11,9% (2002.). 6.12 . () , . . 6.3: / / / / / / / / 2.0 4.1 2.5 5.1 4.0 8.2 0-600 / 0.5 1.0 600-1200 / 1.6 3.3 1200/ 2.5 5.1 5.0 10.2 5.5 11.3 5.0 10.2 7.0 14.3 5.0 10.2 5.5 11.3 5.0 10.2 7.0 14.3 .. 5.0 10.2 6.0 12.3 10.0 20.5 10.0 20.5 : , , 2003. 6.13 6.3. , , 600 , . 6.14 . « », , , . , , . - . / , ; , . 6.15 , , . , , (). 46 ( , ), . , 2010 . ­ / . 6.16 : , . , . B. 6.17 : - , . 1,3 . 2002 353, 2002 1620. 74% . 24% . 2% . 6.18 : 95% . 72% , (12%), (5%) (11%). 6.19 : 1994 1998 , , , 19 31 , . , (1 062), 4,5% 2020 . 6.20 : . « », . 2000 , , . 2002 , , , . . 2000 4,5 /. , . 6.21 : 2002 . 47 . . 6.22 - . - , 17,5 1,28%. . - , . 6.23 2001 4 744, 19,6. 8% 7,6%. 1993 , 5 10. 6.24 30 . 2 600 , 5,2 , . 2007 , 12 . , . 6.25 , , 7-8% . . 6.26 , , - . , , , . - , . . 31 6.27 65 (2000.) 1000 , . , 8,6% , 17% , 42 000 . 30 80 . 31 , 2003 . , 8000 . 48 , , , . 6.28 : . , , 27 , . 16 39 , . 27 , , 18 , 6 , 8 27 .., , . 6.29 : 2001 34 222, 1 998 , , . (14 402), ( ) (4 060), (7 038 ) (540). 6 190, . 70% . 2001 21 790, 130 083 , 5 077 . 1000 , 2004 . 6.30 : (a) , , , 440 230; (b) , , (c) , - . . 43 000 94% . 10 079 400, 20 444 220, 13 210 132 30 264 66. , , ( , 2002 ) . 6.31 : 2001 21,3%, (4,7%); (3,7%) (12,9%). . 6.32 : 2001 16 , 97 171. 33,8%, (31,4%), (18,9%), (11,4%), (4,5%). 49 . , , 6.2. 14,000 12,000 10,000 8,000 6,000 4,000 2,000 2001 126 902 6.2: 2001 6.33 6 . 6.34 : 1999-200 7,7% . 40 000 239 2010 . 2020 96 000 . , , , . 12 800 (1999-2004.) . , . . «, » . , 2003 «, ». 6.35 : . 50 . , . 6.3., 1998 2001 . 1200 1104 1116 1000 1023 802 800 600 630 526 400 384 321 195 196 306 200 157 153 82 0 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 6.3: 6.36 - . 10 2002 . , ( ). ( ) (). 6.37 : . 2000 88,5 1,11 , 195 2,4 . , 121 (1,51 ) , 65,1 (0,81 ). . , : 64 0,8 ( 300) 559 0,7 ( 600). , 108 000 1,3 . , 183 2,3 . 6.38 : 51 . , 1,5 / , , 700 / , / 3,56 .32 6.39 . -, /, . -, (.. ), (, ) . -, ( , ), - , , ( ) , . D. 6.40 800 000 , 148 (35,2% ), 470 (2003.). 310 , 750 , 2,5 , 27 000 . . (19,%) (14,5 ), 40% . 320. 6.41: 2003 19 478, 65% , 33% , 2,4% . . 2002-2003 ( ), 1 450. , 2002-2003 ( 30 ) 73 961 . 6.42: 14,5 . 11 . 32 : (a) 300 ; (b) , 30% , 70% ; (c) 15% 20 6% ; (d) 70%; (e) 1 /. : (a) 1,35 , (b) 1,21 , (c) 1,0 . 52 46,7%, (29,5%), (10%), (5,8%) (8%). . . 6.43 : 30%. . , , . 6.44 : () 5009 5040. , (). 1948, . 462. 5 959 « ». 8 . 6.45 : 1997 , , . . . , 8 . , , , , , . , 36% . . 6.46 : 2001-2002. 3,22/ 6 /, , 7,3 7,4 /. , , 5,6 /, . 6.47 : 10- 1992-1993 2002- 2003 3,7% , 53 . 2000-2010 , , 6%. , 2005-2006, 411 5 500 2009-2010. 6.4: , % % , 2002 51 28.1% 4.0% 72 12334 2003 54 25.3% 4.0% 77 13096 2004 58 24.6% 4.0% 82 13895 2005 63 23.9% 4.0% 87 14741 2006 67 23.3% 4.0% 93 15640 2007 72 22.6% 4.0% 99 16593 2008 78 22.0% 4.0% 105 17604 2002-2008. 7.4% 6.4% 6.1% 2009 83 21.1% 4.0% 111 18682 2010 89 20.3% 4.0% 118 19826 2011 96 19.5% 4.0% 125 21039 2012 103 18.7% 4.0% 133 22327 2013 110 18.0% 4.0% 141 23694 2008-13. 7.2% 6.1% 6.1% 2014 118 18.0% 4.0% 152 25446 2015 127 18.0% 4.0% 163 27328 2016 136 18.0% 4.0% 175 29349 2017 146 18.0% 4.0% 188 31520 2018 157 18.0% 4.0% 202 33851 2013-18. 7.4% 7.4% 7.4% 2019 168 18.0% 4.0% 216 35184 2020 180 18.0% 4.0% 230 38679 2021 192 18.0% 4.0% 246 41345 2022 205 18.0% 4.0% 263 44195 2023 220 18.0% 4.0% 281 47242 2018-23. 6.9% 6.9% 6.9% : ­ 6.48 2023 , 5.8. , 51 220, .. 7,2%; 12 344 2002 47 242 , 6,6%. 6.49 , , , . , 54 ( ) . . E. 6.50 P , , - . 500 - , , . 6.51 : , 60 , 47,000 , 157 . 2002 215 , 147 , , 45 ­ 23 ­ . , 2002 , 890 ., 584 ., 65.5%, , 164 . 18.5% - , 142 . 16% - . 2.6 . 1990 1998 , 1999 . , , 20%-25%, , , , 10% 15%. 6.52 : 52.6% . 35% , ­ . , , . ( 49%) 72 , «» , , . , 51% 72 «» , ( ) «». , , 72 «» , . 72.5% 96.1% , 70% , . , 100% - , . 6.53 : , , , 55 , , «», . «» . 59 «» , , . «» . 2002 , 299 .. 38% , 790 .. 6.54 (580 .), «», 48.9%, ­ 22%, ­ 11.5%, ­ 3.4% ­ 14.2%. 6.55 : , , , . , , , . 6.56 , . , , , . , , 48.77 /.. 1.63 /.. 2002 . , , 64.85 /.. 2.16 /.. .. 13 «» 34.5 80.2 . 6.57 , () .. 1.45 2003 . , 1.67 , 2.78 . , 4.0 ­ 4.5 .. 2020 , , , 2.0 . 3.0 , . 6.58 : , , , . 102% 56 , , (). , , . , , , , . 2002 14.5 ($483 ), 15% . 6.59 : «» «» 33 . , , , , . , , , , «» , . 6.60 : , . , ( ) , , , , , 2.54% 2020 . , . . , , , . - . 6.61 : , . 2002 , 16.7 .., 7.4 : , , , , . 9.3 ­ , , , , , , . (7.5 ..). , $117.46 $175.30 ­ . , , . , 40 .. 2020 . « » . , . 33 . , ­ . 57 6.62 : (, ), , (, () . , . , . , , . « » , , , , , . , , , , . 500 , , , , . oo () 4.0 / .., , . . 58 VII: 7.01 - (), . ( ) , . , . ( ) , . ( ) , , , , . , . - , , . A. 7.02 , , . , , . 7.03 . , , , . , , - (), . , , 34. , II ( 2.05 2.07). 34 , - 59 B. , 7.04 - , . , , , . , , , . . : · , . · , . · , ( ) , . , , , 35, ( ). () . , , , , : · ( ) , () , . · 1999 36 «» . , , 37. 35 . 36 , , 37 , , , , . 60 · . , , : , , .. . ( , ) . C. 7.05 7.1. . , : , 13 . 20 . 7. 1: ( 2004-2005 2006-2010 2011-2015 2016-2020 2021-2025 2004-2025 324.0 972.1 0.0 0.0 0.0 1296.1 0.0 308.0 132.0 0.0 0.0 440.0 0.0 395.9 460.1 214.0 0.0 1070.0 0.0 0.0 0.0 922.3 162.8 1085.0 : 324.0 1676.0 592.1 1136.3 162.8 3891.1 50.0 200.0 0.0 0.0 0.0 250.0 ­ 2 0.0 196.0 0.0 0.0 0.0 196.0 ­ 1 0.0 0.0 1067.0 873.0 0.0 1940.0 ­ 2 0.0 140.0 140.0 0.0 0.0 280.0 : 50.0 536.0 1207.0 873.0 0.0 2666.0 25.0 285.0 0.0 0.0 0.0 310.0 ­ 0.0 296.0 74.0 0.0 0.0 370.0 ­ , I II 0.0 0.0 1453.0 1002.0 0.0 2455.0 : 25.0 581.0 1527.0 1002.0 0.0 3135.0 172.9 691.8 288.2 0.0 0.0 1153.0 - 100.0 480.0 720.0 0.0 0.0 1300.0 ­ . 87.0 522.0 246.8 80.7 213.5 1150.0 359.9 1693.8 1255.0 80.7 213.5 3603.0 61 : 759.0 4486.8 4581.1 3091.9 376.3 13295.1 : · , , . · , , , . , , - , . · , , , . , II . , , I , $150 - $50 , . D. - 7.06 - () , , . , , ­ -. « » ( 7.1). - () . - , . () ; () ; () . , - . 7.07, (, ), , . 62 , , , , , , (- ), , , . , , - , . , «» , . , , , , . , , , , . , , , . 7.08 1992 (). , : () , ; () , ; () ; () . 7.09 ( ) -. , , . , , . . 7.10 - (), . 63 , ( ) ( ), . «» . «» . , . «» . 7.11. , , , , . «» , , - . , , . , «» . 7.12 , - . 7.1, () , , . , - . , . . , ( ), . . 64 INTERIM CG MEETING Copenhagen April 29, 2002 - - () / - - , . - : + : : 2 "" ( ( ) ) 7. 1: 7.13 - G-8, . , , . , . . -. 7.14 , . , , . . - 65 , . -38 , . , - . 7.15 . , , , . , , (i) , 1992 ( ); (ii) ( ). , , , . , - . , , , , , . 7.16 , . , . · , II . . , . , , , () ( ); () ; () , . , 38 , «» . , . 66 , , . - . , , . 7.1 , . (. 7.2). - . 7. 1: , 12,600 . « », 1973 . 1983 . 2000 , 93.4 .. 95% 24% - . : , . . : , . . 200 · 1 . 2, , 1, . , - , , , , , , . , 1 2 , , , . · -2 , , $200 . - . , , 67 , .39 , , . · I , , . $50 , $150 , . · -1 ­ , . - , ( ? ) Co u n te r Gu a ra n te e s / ( ) 7. 2: 7.17 , . , , / . , /- , . . 39 68 -. , , 7.2. 7.18 , , , . , . , . 7.19 , , - - , (). , . (. 7.2). 7. 2: ( ) ( , ) 51% 49% $79.5 ( $75 ), ( $66.3 ), ( $44.2 ) 400 220 1200 3000 $265 . BOOT , 30 . , 2006 . . 69 VIII: , . 8.01. , , . -, , . , 1, . , , 1 7 .., , . -, ( ) , , . , , , . -, . - , , , , . , , , , , , , , . B. 8.02. , , , , . , . : , , ; , , , , ; , . 8.03. , . , . , . , . , , , . . 70 2005 . , , . 8.04. , . , . , , , . 8.05. , , . , , , , , , , . 8.06. , . . · . , , 1998 , , . . , (. II, 2.03) . . · , . , , . , ( , ), . , , , . · , , . (), 71 . , . . · , . , (: ) ( ). - , ( , ). , . , $ 120 . , ­ , . , , , , , (.. , ), . , . , , , - . - , . , 2008 . , , ( , ), , I . , , 54 220 () (). , ­ , , , , ( ) ( 72 ) . 8.1. . · , . , , , / . , II, , , . , , . , II, ( ) , , . , , I II. / . , II , , . «» , . , . 2, , . 8.07. . , , . , , . , . , , . , , . , . 8.08. , , , . , , , , . , 73 , . , . -, . , , . , , , . C. 8.09 , , . , , , . ( ) , . 8.10- , , , , . , 8.1. , , , , ( 1 2), , . ( 10 ). . 74 INTERIM CG MEETING Copenhagen April 29, 2002 : II ? : : - : II I 1- 5 3 - 10 8 - 15 8. 1 8.11 , - . , , , ­ , , . -2 -1 , , -2 ( ) . 8.12 , , , - , . , , , ( ). 8.13 , , , , . , , . , , , : -2 , , , . , 75 , . 8.14 , . . , ­ - , () . 2004 . , , , : ­ , , , ( ) , . 2005 , , , , . , . , , , . , ( ) . 8.15 , . : () ( ) ; () , , ; () , - -, -, ; () (: ) - ; () ; () 76