GENERAL AGREEMENT GATS/EL/92
15April 1994
ONTRADE INSERVICES (94-1155)
VENEZUELA
Final ListofArticle II(MFN) Exemptions
(This isauthentic inSpanish only)
____________________VENEZUELA -FINAL LIST OFARTICLE II(MFN) EXEMPTIONS
Sector orsubsector Description ofmeasure
indicating itsinconsistency
with Article IICountries towhich the
measure appliesIntended duration Conditions creating theneed
fortheexemption
Professional services
(CPC Division 86)Restricted tonational
enterprises, professional services
governed byspecial laws, some
ofwhich specify asacondition
forexercise oftheprofession
thatVenezuelan professionals
should receive thesame
treatment incountries whose
professionals wish toexercise in
Venezuela (physicians,
engineers, lawyers, architects,
veterinary surgeons,
pharmacists, economists).Allcountries Indefinite
Petroleum related
services
(CPC 62113-62271-
62262-62279-78505-
866001-867)Bilateral agreement services
relating todistribution andthe
marketing ofpetroleum and
petroleum products, advisory
services andexchange of
technology, inwhich preferences
aregranted.Germany, France, Brazil,
Central American andCaribbean
countriesIndefinite
Audiovisual services
(CPC 9611)Agreement oncoproduction of
cinematographic works:
- National treatment is
granted for
cinematographic works
coproduced bythetwo
countriesChile Tenyears, automatically
extended forthesame period
GATS/EL/92
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Sector orsubsector Description ofmeasure
indicating itsinconsistency
with Article IICountries towhich the
measure appliesIntended duration Conditions creating theneed
fortheexemption
- Freedom ofmovement and
residence granted tothe
artistic andtechnical
personnel working on
coproduced
cinematographic works
- Thenecessary facilities are
granted fortheimport and
export ofmaterial and
equipment formaking and
exploiting coproduced
cinematographic works
Ibero-American Cinematographic
Integration Agreement:
- Freedom ofentry,
residence andmovement
aregranted tonationals
responsible foractivities
related tocinematographic
production
- Theshowing ofIbero-
American cinematographic
works isfacilitated on
existing audiovisual
channels orbycreating
channels ineach ofthe
signatory countriesBrazil, Argentina, Ecuador,
Cuba, Mexico, Nicaragua, Peru,
Panama, Dominican Republic,
Colombia, Spain, ItalyIndefiniteVENEZUELA (continued)
Sector orsubsector Description ofmeasure
indicating itsinconsistency
with Article IICountries towhich the
measure appliesIntended duration Conditions creating theneed
fortheexemption
Latin American Cinematographic
Coproduction Agreement:
- National treatment for
coproduced
cinematographic works
- Cinematographic works
must bemade by
professionals whoare
nationals oforresident in
themember States
- Movement andresidence of
theartistic andtechnical
personnel working on
cinematographic works is
facilitated
- Theimport andexport of
material andequipment
necessary formaking
coproduced
cinematographic works is
facilitated
- Coproducing countries are
entitled totheprofits from
exploitation ofthework on
their territoryBrazil, Argentina, Cuba,
Ecuador, Mexico, Nicaragua,
Peru, Panama,
Dominican Republic, Colombia,
Spain, ItalyIndefinite
GATS/EL/92
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Page4
Sector orsubsector Description ofmeasure
indicating itsinconsistency
with Article IICountries towhich the
measure appliesIntended duration Conditions creating theneed
fortheexemption
- Systems fortheuseor
exchange ofservices,
material andproducts
agreed upon bythe
coproducers maybe
allowed
- Directors ofsuch
coproductions must be
nationals oforresident in
oneofthemember or
coproducing States in
Latin America, the
Caribbean orother
Spanish-speaking or
Portuguese-speaking
countriesVENEZUELA (continued)
Sector orsubsector Description ofmeasure
indicating itsinconsistency
with Article IICountries towhich the
measure appliesIntended duration Conditions creating theneed
fortheexemption
Agreement onthecreation ofa
Latin American Cinematographic
Common Market:
- National treatment for
coproduced
cinematographic works for
thepurposes ofdistribution
andshowing byany
medium and,asaresult,
enjoyment ofallprofits
andrights related toplaces
where theworks are
shown, projection fees,
distributions feeandother
prerogativesBrazil, Argentina, Cuba,
Ecuador, Mexico, Nicaragua,
Peru, Panama,
Dominican Republic, Colombia,
Spain, ItalyIndefinite
Financial services
- Banking
(CPC 81115-
81116-8112-
8113-81333-
81339)
- Insurance
(CPC 812-814)Authorizations fortheentry of
foreign capital intothenational
market through participation in
existing institutions, theopening
ofsubsidiaries orthecreation of
newsuppliers offinancial
services maybesubject to
reciprocity when theNational
Executive considers it
appropriateAllcountries Tenyears Areasonable interval is
necessary forimplementation of
thenewlawonbanks andother
financial institutions, which
entered intoforce on
1January 1994. Thesame
applies tothenewlawon
insurance andreinsurance
enterprises, which itishoped
willbeapproved during 1994.
GATS/EL/92
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Sector orsubsector Description ofmeasure
indicating itsinconsistency
with Article IICountries towhich the
measure appliesIntended duration Conditions creating theneed
fortheexemption
Maritime freight
transport services
(CPC 7212)Freedom ofaccess forthe
maritime transport ofgoods in
thecontext ofVenezuela 's
foreign trade subject to
reciprocity inconformity with
Decision 314adopted bythe
Commission of
Cartagena AgreementNotspecified Indefinite
Radio amateurs
(CPC 75299)Inter-American convention on
radio amateur services ("Lima
Convention").
Toauthorize thetemporary
exercise ofactivities specific to
radio amateur services by
nationals ofaState party,
provided theyhave proper
authorization toengage inradio
amateur service activities issued
bythecompetent authority of
theState concerned:
- Bilateral agreements on
radio amateursAllOAS member countries
which areautomatically
members oftheCITEL
Germany, Spain, Portugal,
SwedenIndefinite
IndefiniteVENEZUELA (continued)
Sector orsubsector Description ofmeasure
indicating itsinconsistency
with Article IICountries towhich the
measure appliesIntended duration Conditions creating theneed
fortheexemption
- Toauthorize thetemporary
exercise ofradio amateur
services bynationals ofa
State party intheterritory
ofanother State party,
provided theyhave proper
authorization tocarry out
theactivities ofradio
amateur services issued by
thecompetent authority of
theState concerned
Maritime freight
transport services
(CPC 7212)Exchange ofdiplomatic notes
between theUnited States and
Venezuela
Thereserved cargoes ofeither
oftheparties areavailable to
carriers oftheflagofother
party withequal right ofaccess,
invessels owned bysuch
carriers orchartered bythem
(including vessels under theflag
ofthird countries) withthe
exception ofcargoes generated
bytheVenezuelan Ministry of
Defence andtheUnited States
Defence DepartmentUnited States Indefinite
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