APPENDIX TABLESBrazil WT/TPR/S/21
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Table AVII.1 Summary ofBrazil 'sspecific GATS commitments inselected sectors
Modes ofsupply
Fortwomodes, consumption abroad andpresence of
natural persons, nobindings were made foranyofthe
sectors shown below either withrespect tomarket access
or national treatment.(1) (MA: Market Access;
NT: National Treatment)
Cross-border supply Commercial presence
Accounting, auditing andbook-keeping MA: Nobinding (2)
NT:NobindingMA: (3)
NT:(4)
Architectural services MA: Nobinding
NT:NobindingMA: (5)
NT:Nolimitation
Advisory andconsultative engineering services MA: Nobinding
NT:NobindingMA: (5)
NT:Nolimitation
Advertising MA: (6)
NT:NobindingMA: (6)(7)
NT:(8)
Management consulting MA: Nobinding
NT:NobindingMA: Nolimitation
NT:Nolimitation
Courier services MA: Nolimitation
NT:NolimitationMA: Nolimitation
NT:Nolimitation
General construction work forbuildings; forcivilengineering; and
installation andmaintenance ofstructures.MA: Nobinding
NT:NobindingMA: (9)
NT:Nolimitation
Retail andwholesale trade, except wholesale trade infuels. MA: Nobinding
NT:NobindingMA: Nolimitation
NT:Nolimitation
Franchising MA: (10)
NT:NobindingMA: Nolimitation
NT:Nolimitation
Insurance offreight (9) MA: (11)
NT:NobindingMA: (12)
NT:Nolimitation
Life, property andliability insurance, medical care(9) MA: Nobinding
NT:NobindingMA: (12)
NT:Nolimitation
Reinsurance (9) MA: Nobinding
NT:NobindingMA: (13)
NT:Nolimitation
Insurance agencies andbrokers (9) MA: Nobinding
NT:NobindingMA: (14)
NT:Nolimitation
Banking, including acceptance offunds, lending, financial leasing,
trading, security issuing, foreign exchange brokerage, and
portfolio management (15)MA: Nobinding
NT:NobindingMA: (16)
NT:Nolimitation
Hotels andrestaurants MA: Nobinding
NT:NobindingMA: (17)
NT:Nolimitation
Railfreight MA: Nobinding
NT:NobindingMA: (18)
NT:Nolimitation
Road freight MA: Nobinding
NT:NobindingMA: (19)
NT:Nolimitation
Cargo handling andwarehousing MA: Nobinding
NT:NobindingMA: Nolimitation
NT:Nolimitation
Table AVII.1 (cont'd)WT/TPR/S/21
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Notes:
Brazil 'sSchedule ofSpecific Commitments (GATT documents GATS/SC/13 andGATS/SC/13/Suppl.1/Rev.1) isthesoley authentic source
ofinformation onsuchcommitments.
Nobinding means thatBrazil made noengagements withrespect totheiteminquestion.
Nolimitation means thatBrazil agreed toplace noconstraints ontheiteminquestion.
(1) Except asspecified inBrazil 'shorizontal commitments.
(2) Except thatforeign suppliers maycedetheirname toBrazilian professionals.
(3) Non-residents maynotparticipate infirms controlled byBrazilian nationals.
(4) Accountants mayhavetocomply withspecial registration requirements; Brazilian accounting andauditing standards must be
followed.
(5) Foreign suppliers must haveacontrolling Brazilian partner.
(6) Ingeneral, foreign participation islimited toone-third ofthefootage ofadvertising films, which mustbespoken inPortuguese.
(7) Foreign participation islimited to49percentofthecapital ofcompanies established inBrazil; Brazilian partners musthave
control.
(8) Authorizations forforeign producers require aminimum three-year residency inBrazil.
(9) Access tobegranted fiveyears aftertheestablishment oftheWTO.
(10) Royalty payments require contracts toconform withtheIndustrial Property Code.
(11) Imports mayonlybeinsured withcompanies established inBrazil.
(12) Newbranches andsubsidiaries offoreign firms, andincreases inforeign participation inestablished firms arenotpermitted.
(13) TheBrazilian Institute ofRe-insurance (IRB) hascompetence forreinsurance andthedistribution ofanyreinsurance operations
itdoesnotretain.
(14) Ingeneral, foreign participation indomestic brokerage firms isrestricted to50percentofthetotalcapital ofdomestic firms
andonethirdofvoting capital.
(15) Brazil willaddtoitsschedule commitments onforeign capital participation within twoyears aftertheNational Congress adopts
legislation permitting suchparticipation.
(16) Except inconnection withtheprivatization programme, newbranches andsubsidiaries offoreign firms aswellasincreases in
foreign participation inestablished firms arenotpermitted andforeign branches inBrazil arelimited tothenumber existing on
5October 1988.
(17) Brazilian firms operating intheAmazons andnorth-eastern regions benefit from taxincentives; other incentives arelimited to
firms withmajority Brazilian capital.
(18) Discretionary government authorizations required; number ofsuppliers maybelimited.
(19) Foreign participation limited to20percentofvoting shares inBrazilian companies.
Source: WTO Secretariat.