WORLD TRADE S/L/45
3December 1997
ORGANIZATION
(97-5441)
Trade inServices
FIFTH PROTOCOL TOTHE
GENERAL AGREEMENT ONTRADE INSERVICES
Members oftheWorld Trade Organization (hereinafter referred toasthe"WTO") whose
Schedules ofSpecific Commitments andListsofExemptions fromArticle IIoftheGeneral Agreement
onTrade inServices concerning financial services areannexed tothisProtocol (hereinafter referred
toas"Members concerned"),
Having carried outnegotiations under theterms oftheSecond Decision onFinancial Services
adopted bytheCouncil forTrade inServices on21July1995 (S/L/9),
Agree asfollows:
1. ASchedule ofSpecific Commitments andaListofExemptions from Article IIconcerning
financial services annexed tothisProtocol relating toaMember shall, upon theentry intoforce of
thisProtocol forthatMember, replace thefinancial services sections oftheSchedule ofSpecific
Commitments andtheListofArticle IIExemptions ofthatMember.
2. ThisProtocolshallbeopenforacceptance,bysignatureorotherwise,bytheMembersconcerned
until29January 1999.
3. ThisProtocol shallenter intoforce onthe30thdayfollowing thedateofitsacceptance by
allMembers concerned. Ifby30January 1999 ithasnotbeenaccepted byallMembers concerned,
those Members which haveaccepted itbefore thatdatemay, within aperiod of30daysthereafter,
decide onitsentry intoforce.
4. ThisProtocol shallbedeposited withtheDirector-General oftheWTO. TheDirector-General
oftheWTO shallpromptly furnish toeachMember oftheWTO acertified copyofthisProtocol and
notifications ofacceptances thereof pursuant toparagraph 3.
5. ThisProtocol shallberegistered inaccordance withtheprovisions ofArticle 102oftheCharter
oftheUnited Nations.
Done atGeneva this---dayof[month] onethousand ninehundred andninety-[---], inasingle
copyinEnglish, French andSpanish languages, eachtextbeing authentic, except asotherwise provided
forinrespect oftheSchedules annexed hereto.