./.WORLD TRADE
ORGANIZATIONS/C/N/198
13 November 2002
(02-6267)
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.
____________
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. 8, dated 29 July 1998 "On calculation of required level of solvency margin
and the elements comprising it", changed by the Instruction No. 6 dated 2 June 2000.
Duration:
Indefinite
4. Agency responsible for implementati on and enforcement of the measure:
Supervisory Commission of Insurance
5. Description of the measure :
The instruction is prepared based on the Article 46 "Solvency Margin" of the Law No. 8081
"On Activities of Insurance and/or Reinsurance Companies" dated 07.03.1996.  This
instruction aims to define the bases on which the required level of solvency margin should becalculated, the calculation methods, and the elements that are comprised in the solvency
margin.
6. Members specifically affected, if any:
NoneS/C/N/198
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
___________