GENERAL AGREEMENT GATS/EL/48
15April 1994
ONTRADE INSERVICES (94-1127)
KOREA
Final ListofArticle II(MFN) Exemptions
(This isauthentic inEnglish only)
____________________KOREA -FINAL LIST OFARTICLE II(MFN) EXEMPTIONS
Sector orsubsector Description ofmeasure
indicating itsinconsistency
with Article IICountries towhich the
measure appliesIntended duration Conditions creating theneed
fortheexemption
Computerized
Reservation SystemAccess toforeign CRS through
theSITA network isallowed
onlyfordomestic travel agencies
which want toaccess CRS
designated bycarriers ofthe
country indicated incolumn 3).TheUnited States ofAmerica Indefinite Access toforeign CRS through
theSITA network could be
limited orotherwise affected by
negotiations ongranting or
receiving traffic rights.
Banking andother
financial services
(including insurance)Future liberalization measures
affecting theentry andprovision
offinancial services inor
relating totheRepublic ofKorea
willbegranted onlytothose
countries thataccord MFN
treatment tofinancial services or
financial service suppliers ofthe
Republic ofKorea.Allcountries Indefinite Toreserve theright totake
appropriate action, whenever
necessary, inresponse to
discriminatory treatment
accorded tofinancial services or
financial service suppliers ofthe
Republic ofKorea byanyother
country.
GATS/EL/48
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