RESTRICTED
WORLD TRADE S/FIN/W/2
21July1995
ORGANIZATION(95-2111)
Committee onTrade inFinancial Services
-DRAFT -
DECISION ADOPTING THE SECOND PROTOCOL TOTHE
GENERAL AGREEMENT ONTRADE INSERVICES
TheCommittee onTrade inFinancial Services ,
Having regard totheresults ofthenegotiations conducted under theterms oftheDecision on
Financial Services adopted atMarrakesh on15April 1994,
Having regard totheSecond Annex onFinancial Services, andtotheDecision ontheapplication
ofthatAnnex adopted bytheCouncil forTrade inServices on30June1995,
Decides asfollows:
1. Toadopt thetextofthe"Second Protocol totheGeneral Agreement onTrade inServices".
2. CommencingimmediatelyandcontinuinguntilthedateofentryintoforceoftheSecondProtocol
totheGeneral Agreement onTrade inServices, Members concerned shall, tothefullest extent consistent
withtheirexisting legislation, nottakemeasures which would beinconsistent withtheirundertakings
resulting from these negotiations.
3. TheCommittee onTrade inFinancial Services shallmonitor theacceptance oftheProtocol
byMembers concerned andshall, attherequest ofaMember, examine anyconcerns raised regarding
theapplication ofparagraph 2above.