GENERAL AGREEMENT GATS/SC/8
15April 1994
ONTRADE INSERVICES (94-1007)
BANGLADESH
Schedule ofSpecific Commitments
(This isauthentic inEnglish only)
____________________BANGLADESH -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
I. SECTOR-SPECIFIC COMMITMENTS
9. TOURISM AND
TRAVEL-RELATED
SERVICES
A. Five StarHotel and
Lodging Services
(CPC 641)1) Unbound*
2) Unbound
3) Commercial presence requires thatforeign
service providers incorporate orestablish
thebusiness locally inaccordance withthe
relevant provisions ofBangladesh laws,
rules andregulations. There isnofixed
ratio ofequity between local andforeign
investors. Foreign equity totheextent of
100percentisallowed.1) Unbound*
2) Unbound
3) None
4) InBangladesh, theentry andresidence of
foreign natural persons (service providers)
aresubject toBangladesh 'simmigration
andlabour laws, regulations, guidelines
andprocedures. There isnorestriction is
issuing work permits toforeign nationals in
Bangladesh. Theemployment offoreign
natural persons fortheimplementation of
theforeign investment shall beagreed upon
bythecontracting parties andapproved by
theGovernment andsuch personnel shall
beemployed inhigher management and
specialised jobsonly.4) None
* Mode ofsupply istechnically notfeasible.
GATS/SC/8
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