WORLD TRADE GATS/EL/75/Suppl.1
26February 1998
ORGANIZATION(98-0696)
Trade inServices
SENEGAL
ListofArticle II(MFN) Exemptions
Supplement 1
(This isauthentic inFrench only)
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Thistextistobeinserted intodocument GATS/EL/75.
./.GATS/EL/75/Suppl.1
Page2REPUBLIC OFSENEGAL
LIST OFARTICLE II(MFN) EXEMPTIONS
Sector orsubsector Description ofmeasure
indicating itsinconsistency
with Article IICountries towhich the
measure appliesIntended duration Conditions creating theneed
fortheexemption
FINANCIAL
SERVICES
A.Insurance and
insurance-related
servicesPreferential treatment for
services andservice suppliers of
member countries ofthe
Economic Community ofWest
African States, theWest African
Economic andMonetary Union
andtheInter-African Insurance
Market Conference.Member countries ofthe
Economic Community ofWest
African States, theWest African
Economic andMonetary Union
andsignatories oftheCIMA
(Inter-African Insurance Market
Conference) Code.Unlimited Commitments inthecontext of
regional arrangements. The
West African financial market
isintheprocess ofbeing built
upandrequires preferential
treatment inorder tosupport
thedrive toharmonize national
policies inthissector, soasto
attain acompetitive position at
world level.
B.Banking and
other financial
services
(excluding
insurance)Preferential treatment for
services andservice suppliers of
member countries ofthe
Economic Community ofWest
African States andtheWest
African Economic andMonetary
Union andsignatories ofthe
West African Monetary Union
Treaty.Member countries ofthe
Economic Community ofWest
African States andtheWest
African Economic andMonetary
Union andsignatories ofthe
West African Monetary Union
Treaty.Unlimited Commitments inthecontext of
regional integration andneed
forspecial andhence
preferential treatment to
support theefforts to
harmonize policies inthis
sector, which remains very
weak intheWest African
subregion, withaview to
achieving abetter competitive
position.