WORLD TRADE GATS/SC/115
30August 1995
ORGANIZATION(95-2636)
Original: French Trade inServices
COMMUNICATION FROM ANGOLA
General Agreement onTrade inServices -Schedule ofSpecific Commitments
Theattached communication iscirculated attherequest oftheGovernment ofAngola.WORLD TRADE GATS/SC/115
30August 1995
ORGANIZATION
ANGOLA
Schedule ofSpecific Commitments
(This isauthentic inFrench only)
____________________ANGOLA -SCHEDULE OFSPECIFIC COMMITMENTS
Modes ofsupply: (1)Cross-border supply (2)Consumption abroad (3)Commercial presence (4)Presence ofnatural persons
Sector orsubsector Limitations onmarket access Limitations onnational treatment Additional commitments
7.FINANCIAL SERVICES
B.Banking andother financial
services (excluding
insurance)
(a)Acceptance ofdeposits and
other repayable funds from
thepublic
(CPC 81115 -81119)(1)None
(2)Resident legal persons ("personnes
collectives") must transfer toAngola
alltheir accounts abroad unless they
have received aspecial authorization
from theNational Bank ofAngola
(Central Bank) (Decree 16/94 of
22April 1994 oftheCouncil of
Ministers)(1)None
(2)None
(3)None. Banks andforeign financial
institutions inAngola mayoperate as
longastheyabide bytheregulations of
thecountry concerning theactivities of
such bodies.
(4)Atleast halfofthepersonnel of
subsidiaries, branch offices and
agencies offoreign financial
institutions must beAngolan citizens.(3)None
(4)None
GAT/SC/115
Page1ANGOLA (continued) GATS/SC/115
Page2
Modes ofsupply: (1)Cross-border supply (2)Consumption abroad (3)Commercial presence (4)Presence ofnatural persons
Sector orsubsector Limitations onmarket access Limitations onnational treatment Additional commitments
Lending ofalltypes (1)Residents mayrequest loans abroad
after theNational Bank ofAngola has
authorized them todoso.
(2)Residents mayrequest loans abroad
after having received theprior
authorization oftheNational Bank of
Angola.
(3)Unbound
(4)Unbound(1)None
(2)None
(3)None
(4)None
Liquidation andmonetary
transfer services(1)Unbound
(2)Unbound
(3)Branches offoreign institutions
obligatorily accountable forthe
principal order after having fulfilled
thecommitment.
(4)Unbound(1)None
(2)None
(3)None
(4)NoneANGOLA (continued)
Modes ofsupply: (1)Cross-border supply (2)Consumption abroad (3)Commercial presence (4)Presence ofnatural persons
Sector orsubsector Limitations onmarket access Limitations onnational treatment Additional commitments
9.TOURISM AND TRAVEL
RELATED SERVICES
A.Hotel andrestaurant
services (including catering)
(CPC 64543)
Hotels (1)None
(2)None
(3)None
(4)Unbound, except formeasures
affecting senior managers and
specialists withknowledge essential for
theprovision oftheservice.(1)None
(2)None
(3)None
(4)Unbound, except formeasures affecting
senior managers andspecialists with
knowledge essential fortheprovision of
theservice.
Restaurants (1)None
(2)None
(3)None
(4)Unbound, except formeasures
affecting natural persons inthe
following categories: directors, senior
managers andspecialists with
knowledge essential fortheprovision
oftheservice.(1)None
(2)None
(3)None
(4)Unbound, except formeasures affecting
natural persons inthefollowing
categories: directors, senior managers
andspecialists withknowledge essential
fortheprovision oftheservice.
GAT/SC/115
Page3ANGOLA (continued) GATS/SC/115
Page4
Modes ofsupply: (1)Cross-border supply (2)Consumption abroad (3)Commercial presence (4)Presence ofnatural persons
Sector orsubsector Limitations onmarket access Limitations onnational treatment Additional commitments
10.RECREATIONAL,
CULTURAL AND
SPORTING SERVICES*
(CPC 964)(1)None
(2)None
(3)Nolimitation, subject tothelaws on
thepurchase oflandbyforeign
individuals orcorporate bodies.
(4)None(1)None
(2)None
(3)None
(4)None
*Applicable onlytotraining centres forhigh-level sportsmen andsportswomen.