./.WORLD TRADE
ORGANIZATIONS/C/N/199
13 November 2002
(02-6278)
Council for Trade in Services Original:  English
NOTIFICATION PURSUANT TO ARTICLE III:3 OF THE
GENERAL AGREEMENT ON TRADE IN SERVICES
The following notification has been received from the delegation of Albania.
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1. Member notifying:
Republic of Albania
2. Notification under:
Article III, paragraph 3 of the General Agreement on Trade in Services
3. Date of entry into force:
Instruction No. 9, dated 27 August 1998 "On technical reserves for insurable risk (non-life),
methods of calculations and their maintenance in the balance sheet".
Duration:
Indefinite
4. Agency responsible for implementati on and enforcement of the measure:
Supervisory Commission of Insurance
5. Description of the measure :
This instruction is prepared based on the Article 45 "Implementation Acts" of the Law
No. 8081 "On Activities of Insurance and/or Reinsurance Companies" dated 07.03.1996, and
aims to define technical reserves of insurance that the insurance and/or reinsurance companies
operating in the territory of the Republic of Albania should maintain, and will determine some
methods for the calculation of the technical reserves.  Also this instruction defines the types of
technical reserves for insurable risk (non-life).
6. Members specifically affected, if any:
NoneS/C/N/199
Page 2
7. The texts are available from:
Albanian Secretariat for WTO Relations and Economic Integration.
Ministry of Economy
Bul "Zhane D'Ark" Nr. 2, Tirana
Tel: (++ 355 4) 222 652
Fax: (++ 355 4) 362 581
E-mail: obtminek@yahoo.com
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