RESTRICTED
WORLD TRADE GATS/EL/92/Suppl.1
28July1995
ORGANIZATION(95-2261)
Trade inServices
VENEZUELA
ListofArticle II(MFN) Exemptions
Supplement 1
(This isauthentic inSpanish only)
___________________
Thistextreplaces theFinancial Services section contained inpage5ofdocument GATS/EL/92.VENEZUELA -LIST OFARTICLE II(MFN) EXEMPTIONS
Sector orsubsector Description ofmeasure
indicating itsinconsistency
with Article IICountries towhich themeasure
appliesIntended duration Conditions creating theneed
fortheexemption
Agreement onthecreation ofa
Latin American Cinematographic
Common Market:
- National treatment for
co-produced
cinematographic works for
thepurposes ofdistribution
andshowing byany
medium and,asaresult,
enjoyment ofallprofits
andrights related toplaces
where theworks are
shown, projection fees,
distributions feeandother
prerogatives.Brazil, Argentina, Cuba, Ecuador,
Mexico, Nicaragua, Peru, Panama,
Dominican Republic, Colombia, Spain,
Italy.Indefinite
Financial services
- Banking
(CPC 81115-
81116-8112-
8113-81333-
81339)When theNational
Executive considers it
appropriate, itmayrequest
reciprocity forVenezuelan
capital onthepartof
countries oforigin of
foreign capital participating
intheVenezuelan financial
system.Allcountries 10years
GATS/EL/92/Suppl.1
Page1VENEZUELA (continued) GATS/EL/92/Suppl.1
Page2
Sector orsubsector Description ofmeasure
indicating itsinconsistency
with Article IICountries towhich themeasure
appliesIntended duration Conditions creating theneed
fortheexemption
- Insurance
(CPC 812-814)
- Capital markets
(CPC 81191-
81319-81332-
81321-81323)