The Republic of Latvia

WORLD TRADE GATS/SC/126 22 April 1999 ORGANIZATION (99-1650)

Trade in Services

THE REPUBLIC OF LATVIA

Schedule of Specific Commitments

(This is authentic in English only)

______LATVIA – SCHEDULE OF SPECIFIC COMMITMENTS Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons GATS/SC/1 Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments 26 Page 2 I. HORIZONTAL SERVICES Real estate purchase

3) Unbound in relation to acquisition of 3) Unbound in relation to acquisition of land. Land lease not exceeding 99 years land. Land lease not exceeding 99 years permitted. permitted. 4) Movement of natural persons Unbound except for the following categories of natural persons: I. Temporary presence of intracorporate transferees Natural persons of another Member who have been in the employ of the firm transferring them for one year immediately prior to their transfer. (i) Intracorporate transferees occupying senior managerial or executive positions and: - directing the establishment or a department or subdivision of the establishment; and - supervising and controlling the work of other supervisory, professional or managerial employees; and - having the authority personally to hire and to fire or other personnel actions. (ii) Specialists possessing high or uncommon qualifications or knowledge essential for the functioning of the firm. Firms have to be prepared upon request to certify the qualifications of their transferees seeking entry. Vacancies have to be registered at the State Employment Office together with information on necessary qualifications (e.g. education, job experience, language skills, other special requirements). Vacancy has to be open for applications one month. Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons

Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments Duration of temporary stay of intracorporate GATS/SC/1 transferees mentioned in this section is limited to a 26 total period of five years. Page 3 II. Persons of an enterprise engaged in substantive business Persons who are employees of an enterprise outside Latvia not having commercial presence in Latvia, which has concluded a services contract with an enterprise engaged in substantive business in Latvia, and who have been beforehand employees of the enterprise outside Latvia for a time period of not less than one year immediately preceding their application for admission, and who fulfil the conditions of paragraph I (ii) above and who provide a service in Latvia as a professional of a services sector as set out below on behalf of the enterprise outside Latvia; as a further requirement five years of related experience is required. Individual services providers not employed by such enterprise outside Latvia are considered as persons seeking access to Latvian employment market.

Services sectors: - Management Consulting Services (CPC 865); - Services related to Management Consulting (CPC 866).

III. Business visitors Natural persons of another Member who stay in the Republic of Latvia without acquiring remuneration from or within the Republic of Latvia and without engaging in making direct sales to the general public or supplying services, for the purpose of participating in business meetings, business contacts, including negotiations for the sale of services, or other similar activities, including those to prepare the establishment of commercial presence in the Republic of Latvia. The duration of temporary stay is limited with a 90 day visa. Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments GATS/SC/1 II. SECTOR SPECIFIC COMMITMENTS 26 1. BUSINESS Page 4 SERVICES A. Professional Services (a) Legal services 1) None 1) None (CPC 861, except 2) None 2) None consultancy on home 3), 4) Licence issued by the Ministry of Justice 3) None country and and knowledge of Latvian language international law required. Licensed lawyer can provide all legal services, except representation in criminal proceedings. Representation in criminal proceedings permitted only to sworn solicitors. Nationality requirement for sworn solicitors and sworn notaries. Sworn solicitors and sworn notaries have to be at least 25 years old, having knowledge of Latvian language, graduated from University of Latvia or from other university recognized as equal by the Faculty of Law, University of Latvia, and having practical experience. Sworn solicitors have to pass examination in accordance with rules set up by Council of Sworn Solicitors. Sworn notaries have to pass examination in accordance with order set up by the Minister of Justice in cooperation with the Council of Sworn Notaries.

4) Unbound, except as indicated in the 4) None horizontal section

- Consultancy on home 1) None 1) None country and 2) None 2) None international law 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons

Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments (b) Accounting, auditing 1) None 1) None GATS/SC/1 and bookkeeping 2) None 2) None 26 services (CPC 862) 3), 4) The owner of shares or the head of a firm 3) None Page 5 should be qualified as a sworn auditor in 4) None Latvia. Sworn auditors can be persons no younger than 25 years and: (a) having a high school degree in economics or in other specialities, if an examination on basic economics is passed; (b) having at least 3 year experience in auditing recognized by the Latvian Association of Sworn Auditors; (c) which have passed qualification examination and acquired licence of sworn auditor in accordance with requirements of the Latvian Association of Sworn Auditors; (d) having excellent reputation.

(c) Taxation services 1) None 1) None (CPC 863) 2) None 2) None 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

(d) Architectural services 1) None 1) None (CPC 8671) 2) None 2) None 3) Practice of 3 years in Latvia in the field of 3) None projecting and university degree required to receive the licence enabling to engage in business activity with full range of legal responsibility and rights to sign a project 4) Unbound except as indicated in the 4) None horizontal section

(e) Engineering services 1) None 1) None (CPC 8672) 2) None 2) None 3) None 3) None 4) Unbound except as indicated in the 4) None Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments GATS/SC/1 horizontal section 26 (f) Integrated engineering 1) None 1) None Page 6 services (CPC 8673) 2) None 2) None 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

(g) Urban planning 1) None 1) None services 2) None 2) None (part of CPC 8674) 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

(g) Landscape architectural 1) None 1) None services 2) None 2) None (part of CPC 8674) 3) Practice of 3 years in Latvia in the field of 3) None projecting and university degree required to receive the licence enabling to engage in business activity with full range of legal responsibility and rights to sign a project. 4) Unbound except as indicated in the 4) None horizontal section

(h) Private medical and 1) None 1) None dental services 2) Public medical insurance programmes do 2) None (CPC 9312 excluding not cover cost of medicare supplied abroad services provided by 3), 4) Nationality requirement. Practice of 3) None the public sector) medical profession by foreigners requires the permission from local health authorities, based on economic needs for medical doctors and dentists in a given region. 4) Unbound except as indicated in the 4) Foreign medical doctors have limited horizontal section. election rights within the professional chambers (i) Veterinary services 1) Unbound* 1) Unbound* (CPC 932) 2) None 2) None 3) None 3) None 4) Unbound except as indicated in the 4) None Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons

Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments horizontal section GATS/SC/1 (j) Services provided by 1) Unbound* 1) Unbound* 26 midwives, nurses in 2) Public insurance programmes do not cover 2) None Page 7 private establishments the cost of foreign medical services (CPC 93191 excluding supplied abroad services provided 3) None 3) None within the public 4) Unbound except as indicated in the 4) None sector) horizontal section. Nationality requirements. Access restricted to natural persons only. Economic needs determined by the total number of nurses and midwives in the given region, authorized by local health authorities.

B. Computer and related Services (except airline computer reservation systems)

(a) Consultancy services 1) None 1) None related to the 2) None 2) None installation of computer 3) None 3) None hardware (CPC 841) 4) Unbound except as indicated in the 4) None horizontal section

(b) Software implementation services (CPC 842)

(d) Data base services (CPC 844)

(e) Other (CPC 845+849) Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments GATS/SC/1 C. Research and 26 Development Services Page 8

(a) Research and 1) None 1) None experimental 2) None 2) None development services 3) None 3) None on chemistry and 4) Unbound except as indicated in the 4) None biology (CPC 85102) horizontal section

(b) Research and 1) None 1) None development services 2) None 2) None on social sciences and 3) None 3) None humanities 4) Unbound, except as indicated in the 4) None (CPC 852) horizontal section

E. Rental / Leasing Services without Operators

(a) Relating to ships 1) None 1) None (CPC 83103) 2) None 2) None 3) None 3) None 4) Unbound, except as indicated in the 4) None horizontal section

(d) Relating to other 1) None 1) None machinery and 2) None 2) None equipment 3) None 3) None (CPC 83106-83109) 4) Unbound, except as indicated in the 4) None horizontal section

(e) Other (CPC 832), 1) None 1) None including pre-recorded 2) None 2) None video cassettes for use 3) None 3) None in home entertainment 4) Unbound, except as indicated in the 4) None equipment (CPC horizontal section 83202) Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons

Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments F. Other Business GATS/SC/1 Services 26 Page 9 (a) Advertising services 1) None 1) None (CPC 871) 2) None 2) None 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

(b) Market research and 1) None 1) None public opinion polling 2) None 2) None services (CPC 864) 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

(c) Management 1) None 1) None consulting services 2) None 2) None (CPC 865) 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

(d) Services related to 1) None 1) None management 2) None 2) None consulting (CPC 866) 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

(e) Technical testing and 1) None 1) None analysis services 2) None 2) None (CPC 8676) 3) None 3) None 4) Unbound, except as indicated in the 4) None horizontal sector

(f) Services incidental to 1) None 1) None agriculture, hunting 2) None 2) None and forestry (CPC 881) 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments GATS/SC/1 (h) Services incidental to 1) None 1) None 26 mining (CPC 883) 2) None 2) None Page 10 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

(i) Services incidental to 1) None 1) None manufacturing 2) None 2) None (CPC 884, CPC 885, 3) None 3) None excluding producing of 4) Unbound except as indicated in the 4) None securities, money, horizontal section coins and stamps)

(j) Services incidental to 1) None 1) None energy distribution 2) None 2) None (CPC 887) 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

(m) Related scientific and 1) None 1) None technical consulting 2) None 2) None services (CPC 8675) 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

(n) Maintenance and repair 1) None 1) None of equipment (not 2) None 2) None including maritime 3) None 3) None vessels, aircraft or 4) Unbound except as indicated in the 4) None other transport horizontal section equipment) (CPC 633+8861-8866)

(o) Building-cleaning 1) Unbound* 1) Unbound* services 2) None 2) None (CPC 874) 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons

Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments (p) Photographic services 1) None 1) None GATS/SC/1 (CPC 875, excluding 2) None 2) None 26 87504) 3) None 3) None Page 11 4) Unbound except as indicated in the 4) None horizontal section

(q) Packaging services 1) Unbound* 1) Unbound* (CPC 876) 2) None 2) None 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

(r) Printing, publishing 1) None 1) None (CPC 88442) 2) None 2) None 3) Establishment rights in publishing sector 3) None granted only to Latvian incorporated legal persons. 4) Unbound except as indicated in the 4) None horizontal section

(s) Convention services 1) None 1) None (CPC 87909*) 2) None 2) None 3) None 3) None 4) Unbound, except as indicated in the 4) None horizontal section

(t) Other 1) None 1) None - Credit reporting 2) None 2) None services (CPC 87901) 3) None 3) None - Collection agency 4) Unbound, except as indicated in the 4) None services (CPC 87902) horizontal section - Duplicating services (CPC 87904) - Translation and interpretation services (CPC 87905) - Speciality design services (CPC 87907) Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments GATS/SC/1 - Other business services 26 n.e.c. (CPC 87909) Page 12 2. COMMUNICATION SERVICES

B. Land - based courier 1) None 1) None services (CPC 7512) 2) None 2) None 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

C. Telecommunication services All sectors - Providing of public voice telephony and The Government will re- facilities-based services is reserved to examine and publish the Lattelekom. None as of 1 January 2003. rules and regulatory policy regarding further - Call-back and refile services are not allowed competition in the field of None as of 1 January 2003. basic telecommunication services towards the year 2003. The attached reference paper on regulatory principles is incorporated as additional commitments by the Republic of Latvia. Basic Telecommunication Services (a) Voice telephone 1) Lattelekom SIA has exclusive rights for 1) Lattelekom SIA has exclusive rights for services (CPC 7521) telecommunication infrastructure telecommunication infrastructure operating operating and for supplying of basic and for supplying of basic (b) Packet-switched data telecommunication services. None as of telecommunication services. None as of 1 transmission services 1 January 2003. January 2003. (CPC 7523**) 2) None 2) None

(c) Circuit-switched data transmission services (CPC 7523**) Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons

Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments (d) Telex services 3) Lattelekom SIA has exclusive rights for 3) Lattelekom SIA has exclusive rights for GATS/SC/1 (CPC 7523**) telecommunication infrastructure telecommunication infrastructure operating 26 operating and for supplying of basic and for supplying of basic Page 13 (e) Telegraph services telecommunication services. None as of 1 telecommunication services. None as of 1 (CPC 7522) January 2003. January 2003. 4) Unbound, except as indicated in the 4) None (f) Facsimile services horizontal section (CPC 7521** + 7529**)

(g) Private leased circuit services (CPC 7522** + 7523**) Other basic and enhanced telecommunication services All other basic and enhanced 1) None except for: 1) None services - The provision of enhanced services must (h) Electronic mail be based on facilities provided by (CPC 7523**) Lattelekom until 1 January 2003. 2) None except for: 2) None (i) Voice mail - The provision of enhanced services must (CPC 7523**) be based on facilities provided by Lattelekom until 1 January 2003. (j) On-line information 3) None 3) None and data base retrieval 4) Unbound, except as indicated in the 4) None (CPC 7523**) horizontal section

(k) Electronic data interchange (CPC 7523**)

(l) Enhanced facsimile service (CPC 7523**)

(m) Code and protocol conversion

(n) On-line information and/or data processing (CPC 843*) Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments GATS/SC/1 (o) Other 1) None 1) None 26 2) None 2) None Page 14 - Analogue/ digital 3) None 3) None mobile/cellular services 4) Unbound, except as indicated in the 4) None (CPC 75213*) horizontal section. - Personal communication services (CPC 75213*) - Paging services (CPC 75291) - Mobile data services (CPC 7523**) - Trunked radio system services (CPC 7523**, 75213*) - Satellite services (CPC 75299)

3. CONSTRUCTION AND RELATED ENGINEERING SERVICES A. General Construction 1) Unbound* 1) Unbound* Work for Buildings 2) None 2) None (CPC 512) 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

B. General Construction 1) Unbound* 1) Unbound* Work for Civil 2) None 2) None Engineering 3) None 3) None (CPC 513) 4) Unbound except as indicated in the 4) None horizontal section

C. Installation and 1) Unbound* 1) Unbound* Assembly Work 2) None 2) None (CPC 514; CPC 516) 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons

Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments D. Building Completion 1) Unbound* 1) Unbound* GATS/SC/1 and Finishing Work 2) None 2) None 26 (CPC 517) 3) None 3) None Page 15 4) Unbound except as indicated in the 4) None horizontal section

E. Special Trade 1) Unbound* 1) Unbound* Construction Work 2) None 2) None (CPC 515) 3) None 3) None Renting services related 4) Unbound except as indicated in the 4) None to equipment for horizontal section construction and demolition of building or civil engineering works, with operator (CPC 518)

4. DISTRIBUTION SERVICES

A. Commission Agents 1) None 1) None Services (CPC 621) 2) None 2) None 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

B. Wholesale Trade 1) None 1) None Services 2) None 2) None (CPC 622) 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

C. Retailing Services 1) None 1) None (CPC 631+632+633+6 2) None 2) None 111+6113+61221), 3) None 3) None including audio and 4) Unbound except as indicated in the 4) None video records and tapes horizontal section (CPC 63234) Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments GATS/SC/1 D. Franchising 1) None 1) None 26 (CPC 8929) 2) None 2) None Page 16 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

5. EDUCATIONAL SERVICES A. Primary Education 1) None 1) None Services (CPC 921) 2) None 2) None 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

B. Secondary Education 1) None 1) None Services (CPC 922, 2) None 2) None excluding CPC 9224) 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

C. Higher Education 1) None 1) None Services 2) None 2) None (CPC 923) 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

D. Adult Education 1) None 1) None Services 2) None 2) None (CPC 924) 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

6. ENVIRONMENTAL SERVICES A. Sewage Services 1) None 1) None (CPC 9401) 2) None 2) None 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons

Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments B. Refuse Disposal 1) Unbound* 1) Unbound* GATS/SC/1 Services (CPC 9402) 2) None 2) None 26 3) None 3) None Page 17 4) Unbound except as indicated in the 4) None horizontal section

C. Sanitation and Similar 1) Unbound* 1) Unbound* Services (CPC 9403) 2) None 2) None 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

D. Other Environmental 1) Unbound* 1) Unbound* Services 2) None 2) None (CPC 9404; CPC 9405; 3) None 3) None CPC 9406; CPC 9409) 4) Unbound except as indicated in the 4) None horizontal section

7. FINANCIAL SERVICES Measuring applicable to all banking and other financial services: A. All insurance and insurance-related services (as defined in the Annex on Financial Services, Para.5.(a)(i)-5.(a)(iv)). (i), (ii) (3) As a general rule and in non-discriminatory manner, foreign insurance institutions must adopt a specific legal form - joint-stock company. The right to establish foreign branches directly will be introduced by the 31 December 2002. (iii) (3) Intermediary can be only natural person (no nationality requirement) and can provide service on behalf of insurance company having the authorization from Insurance Supervisory Authority in Latvia.

(i) Direct insurance 1) Unbound 1) None (including 2) None 2) None co-insurance) 3) None, except as indicated in horizontal part 3) None of section "All insurance and (a) life insurance-related services". (b) non-life 4) Unbound, except as indicated in the 4) None horizontal section Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments GATS/SC/1 (ii) Reinsurance 1) None 1) None 26 2) None 2) None Page 18 3) None, except as indicated in horizontal part 3) None of section "All insurance and insurance-related services". 4) Unbound, except as indicated in the 4) None horizontal section

(iii) Insurance 1) Unbound 1) None intermediation, such as 2) None 2) None brokerage and agency 3) None, except as indicated in horizontal part 3) None of section "All insurance and insurance-related services" 4) Unbound, except as indicated in the 4) None horizontal section

(iv) Services auxiliary to 1) None 1) None insurance, such as: 2) None 2) None - consultancy; 3) None 3) None - actuarial; 4) Unbound, except as indicated in the 4) None - risk assessment; horizontal section - claim settlement services B. Banking and Other Financial Services (as defined in the Annex on Financial Services) (4) Manager of a branch and a subsidiary of a foreign bank shall be a Latvian tax payer (resident).The commitments on presence of natural persons are bound according to general provisions applicable to all sectors in this list. Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons

Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments (a) Acceptance of deposits 1) Unbound 1) None GATS/SC/1 and other repayable 2) None 2) None 26 funds from the public 3) None 3) None Page 19 4) Unbound, except as indicated in the 4) None, except as indicated in the horizontal horizontal section of the list and in the section of the list and in the horizontal horizontal section of the sector "Banking section of the sector "Banking and other and other financial services". financial services".

(b) Lending of all types, 1) Unbound 1) None including, consumer 2) None 2) None credit, mortgage credit, 3) None 3) None factoring and financing 4) Unbound, except as indicated in the 4) None, except as indicated in the horizontal of commercial horizontal section of the list and in the section of the list and in the horizontal transaction horizontal section of the sector "Banking section of the sector "Banking and other and other financial services". financial services".

(c) Financial leasing 1) Unbound 1) None 2) None 2) None 3) None 3) None 4) Unbound, except as indicated in the 4) None, except as indicated in the horizontal horizontal section of the list and in the section of the list and in the horizontal horizontal section of the sector "Banking section of the sector "Banking and other and other financial services". financial services". Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments GATS/SC/1 (d) All payment and 1) Unbound 1) None 26 money transmission 2) None 2) None Page 20 services, including 3) None 3) None credit, charge and debit 4) Unbound, except as indicated in the 4) None, except as indicated in the horizontal cards, travellers horizontal section of the list and in the section of the list and in the horizontal cheques and bankers horizontal section of the sector "Banking section of the sector "Banking and other draft and other financial services". financial services".

(e) Guarantees and 1) Unbound 1) None commitments 2) None 2) None 3) None 3) None 4) Unbound, except as indicated in the 4) None, except as indicated in the horizontal horizontal section of the list and in the section of the list and in the horizontal horizontal section of the sector "Banking section of the sector "Banking and other and other financial services". financial services".

(f) Trading for own account 1) Unbound 1) None or for account of 2) None 2) None customers, whether on 3) None 3) None an exchange, in an 4) Unbound, except as indicated in the 4) None, except as indicated in the horizontal over-the-counter market horizontal section of the list and in the section of the list and in the horizontal or otherwise, the horizontal section of the sector "Banking section of the sector "Banking and other following: and other financial services". financial services".

- money market instruments (including cheques, bills, certificate of deposits) - foreign exchange - derivative products (including, but not limited to, futures and options - exchange rate and interest rate instruments, incl. products such as swaps, forward rate agreements Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons

Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments - transferable securities GATS/SC/1 26 - other negotiable Page 21 instruments and financial assets, including bullion.

(g) Participation in issues 1) None 1) None of all kinds of 2) None 2) None securities, including 3) None, except the Bank of Latvia (Central 3) None under-writing and Bank) is a financial agent of the placement as agent and government in the T-bills market. provision of service 4) Unbound, except as indicated in the 4) None, except as indicated in the horizontal related to such issues horizontal section of the list and in the section of the list and in the horizontal horizontal section of the sector "Banking section of the sector "Banking and other and other financial services". financial services".

(h) Money broking 1) Unbound 1) None 2) None 2) None 3) None 3) None 4) Unbound, except as indicated in the 4) None, except as indicated in the horizontal horizontal section of the list and in the section of the list and in the horizontal horizontal section of the sector "Banking section of the sector "Banking and other and other financial services". financial services".

(i) Asset management, 1) Unbound 1) None such as cash or 2) None 2) None portfolio management, 3) None, except pension fund management is 3) None all forms of collective provided by state monopoly. investment 4) Unbound, except as indicated in the 4) None, except as indicated in the horizontal management, pension horizontal section of the list and in the section of the list and in the horizontal fund management, horizontal section of the sector "Banking section of the sector "Banking and other custodial depository and other financial services". financial services". and trust services Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments GATS/SC/1 (j) Settlement and clearing 1) Unbound 1) None 26 services for financial 2) None 2) None Page 22 assets, including 3) None 3) None securities, derivative 4) Unbound, except as indicated in the 4) None, except as indicated in the horizontal products, and other horizontal section of the list and in the section of the list and in the horizontal negotiable instruments horizontal section of the sector "Banking section of the sector "Banking and other and other financial services". financial services".

(l) Provision and transfer 1) None 1) None of financial 2) None 2) None information, and 3) None 3) None financial data 4) Unbound, except as indicated in the 4) None, except as indicated in the horizontal processing and related horizontal section of the list and in the section of the list and in the horizontal software by suppliers of horizontal section of the sector "Banking section of the sector "Banking and other other financial services and other financial services". financial services".

(k) Advisory and other 1) None 1) None auxiliary financial 2) None 2) None services on all the 3) None 3) None activities listed in 4) Unbound, except as indicated in the 4) None, except as indicated in the horizontal subparagraphs (a) horizontal section of the list and in the section of the list and in the horizontal through (l), including horizontal section of the sector "Banking section of the sector "Banking and other credit reference and and other financial services". financial services". analysis, investment and portfolio research and advice, advice on acquisitions and on corporate restructuring and strategy

8. HEALTH RELATED AND SOCIAL SERVICES A. Hospital Services 1) Unbound 1) Unbound Private hospital and 2) Public medical insurance programmes do 2) None sanatorium services not cover cost of medicare supplied abroad (CPC 9311 excluding 3) The head, or his deputy, of the health 3) None services provided by facility should be qualified as a medical the public sector) doctor. All the limitations pertaining to Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons

Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments medical, and dental services, as well as GATS/SC/1 services of midwives and nurses are 26 applicable. Private hospital services need Page 23 authorization by local health authorities. The number of beds and use of heavy medical equipment is based on the needs of population, age scale and death rate.

4) Unbound except as indicated in the 4) None horizontal section. The head, or his deputy, of the health facility should be qualified as a medical doctor. All the limitations pertaining to medical, and dental services, as well as services of midwives and nurses are applicable.

C. Social Services 1) None 1) None 2) None 2) None 3) None 3) None 4) Unbound, except as indicated in the 4) None horizontal section

9. TOURISM AND TRAVEL RELATED SERVICES A. Hotel and Restaurant 1) Unbound* 1) Unbound* Services (incl. catering) 2) None 2) None (CPC 641-643) 3) None 3) None 4) Unbound, except as indicated in the 4) None horizontal section

B. Travel Agencies and 1) None 1) None Tour Operators 2) None 2) None Services 3) None 3) None (CPC 7471) 4) Unbound, except as indicated in the 4) None horizontal section Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments GATS/SC/1 C. Tourist Guides Services 1) None 1) None 26 (CPC 7472) 2) None 2) None Page 24 3) None 3) None 4) Unbound, except as indicated in the 4) None horizontal section

D. Other 1) None 1) None 2) None 2) None 3) None 3) None 4) Unbound, except as indicated in the 4) None horizontal section

10. RECREATIONAL CULTURAL AND SPORTING SERVICES A. Cinema theatre 1) Unbound 1) Unbound operation services 2) None 2) Unbound (CPC 96199** ) 3) None 3) None, except for access to subsidies: unbound 4) Unbound except as indicated in the 4) None horizontal section

B. News Agency Services 1) None 1) None (CPC 962) 2) None 2) None 3) None 3) None 4) Unbound except as indicated in the 4) None horizontal section

11. TRANSPORT SERVICES A. Maritime Transport Services (a) Passenger 1) None 1) None transportation (CPC 2) None 2) None 7211);

** Indicates that the service specified constitutes only part of the total range of activities covered by the CPC concordance. Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons

Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments (b) Freight transportation 3) None 3) None GATS/SC/1 (CPC 7212); 4) Unbound, except as indicated in the 4) None 26 horizontal section Page 25 (c) Rental of vessels with crew (CPC 7213);

(d) Maintenance and repair of vessels (CPC 8868)

(e) Pushing and towing services (CPC 7214)

(f) Supporting services for maritime transport

B. Internal Waterways 1) Unbound* 1) Unbound* Transport 2) None 2) None (CPC 7221; 7222; 3) None 3) None 7223, 8868**; 7224; 4) Unbound, except as indicated in the 4) None 745**) horizontal section

C. Air Transport Services

(d) Maintenance and repair 1) None 1) None of aircraft 2) None 2) None (CPC 8868*) 3) None 3) None 4) Unbound, except as indicated in the 4) None horizontal section F. Road Transport Services

(a),(b) Passenger and Freight 1) Unbound 1) Unbound transportation 2) None 2) None (CPC 71213, CPC 3) Authorization required (licence - CPC 3) Requirement on established entities to use 71222, CPC 71223, 71222, 71223, 7123; licence and special vehicles with national registration. CPC 7123 excluding permit - CPC 71213), not extended to cabotage) foreign registered vehicles. 4) Unbound, except as indicated in the 4) Unbound horizontal section. Modes of supply: (1) Cross-border (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments GATS/SC/1 (d) Maintenance and repair 1) Unbound 1) Unbound 26 of road transport 2) None 2) None Page 26 equipment 3) Authorization required - licence. 3) None (CPC 6112) 4) Unbound, except as indicated in the 4) None horizontal section

(e) Supporting services for 1) Unbound 1) Unbound road transport 2) None 2) None equipment 3) Authorization required (agreement with 3) None (CPC 7441, CPC 7449) bus station, licence). 4) Unbound, except as indicated in the 4) None horizontal section

H. Services Auxiliary to all Modes of Transport (a) Cargo-handling 1) None 1) None services (CPC 741) 2) None 2) None 3) None 3) None 4) Unbound, except as indicated in the 4) None horizontal section

(b) Storage and warehouse 1) None 1) None services (CPC 742) 2) None 2) None 3) None 3) None 4) Unbound, except as indicated in the 4) None horizontal section

(c) Freight transport 1) None 1) None agency services 2) None 2) None (CPC 748) 3) None 3) None 4) Unbound, except as indicated in the 4) None horizontal section

(d) Other 1) None 1) None (CPC 749) 2) None 2) None 3) None 3) None 4) Unbound, except as indicated in the 4) None horizontal section GATS/SC/126 Page 27

ATTACHMENT TO THE REPUBLIC OF LATVIA FINAL LIST ON BASIC TELECOMMUNICATIONS SERVICES

REFERENCE PAPER

Scope

The following are definitions and principles on the regulatory framework for the basic telecommunications services.

Definitions

Users mean service consumers and service suppliers.

Essential facilities mean facilities of a public telecommunications transport network or service that

(a) are exclusively or predominantly provided by a single or limited number of suppliers; and

(b) cannot feasibly be economically or technically substituted in order to provide a service.

A major supplier is a supplier which has the ability to materially affect the terms of participation (having regard to price and supply) in the relevant market for basic telecommunications services as a result of:

(a) control over essential facilities; or

(b) use of its position in the market.

1. Competitive safeguards

1.1 Prevention of anti-competitive practices in telecommunications

Appropriate measures shall be maintained for the purpose of preventing suppliers who, alone or together, are a major supplier from engaging in or continuing anti-competitive practices.

1.2 Safeguards

The anti-competitive practices referred to above shall include in particular:

(a) engaging in anti-competitive cross-subsidization;

(b) using information obtained from competitors with anti-competitive results; and

(c) not making available to other services suppliers on a timely basis technical information about essential facilities and commercially relevant information which are necessary for them to provide services. GATS/SC/126 Page 28

2. Interconnection

2.1 This section applies to linking with suppliers providing public telecommunications transport networks or services in order to allow the users of one supplier to communicate with users of another supplier and to access services provided by another supplier, where specific commitments are undertaken.

2.2 Interconnection to be ensured

Interconnection with a major supplier will be ensured at any technically feasible point in the network. Such interconnection is provided.

(a) under non-discriminatory terms, conditions (including technical standards and specifications) and rates and of a quality no less favourable than that provided for its own like services or for like services of non-affiliated service suppliers or for its subsidiaries or other affiliates;

(b) in a timely fashion, on terms, conditions (including technical standards and specifications) and cost-oriented rates that are transparent, reasonable, having regard to economic feasibility, and sufficiently unbundled so that the supplier need not pay for network components or facilities that it does not require for the service to be provided; and

(c) upon request, at points in addition to the network termination points offered to the majority of users, subject to charges that reflect the cost of construction of necessary additional facilities.

2.3 Public availability of the procedures for interconnection negotiations

The procedures applicable for interconnection to a major supplier will be made publicly available.

2.4 Transparency of interconnection arrangements

It is ensured that a major supplier will make publicly available either its interconnection agreements or a reference interconnection offer.

2.5 Interconnection: dispute settlement

A service supplier requesting interconnection with a major supplier will have recourse, either:

(a) at any time or

(b) after a reasonable period of time which has been made publicly known to an independent domestic body, which may be a regulatory body as referred to in paragraph 5 below, to resolve disputes regarding appropriate terms, conditions and rates for interconnection within a reasonable period of time, to the extent that these have not been established previously. GATS/SC/126 Page 29

3. Universal service

Any Member has the right to define the kind of universal service obligation it wishes to maintain. Such obligations will not be regarded as anti-competitive per se, provided they are administered in a transparent, non-discriminatory and competitively neutral manner and are not more burdensome than necessary for the kind of universal service defined by the Member.

4. Public availability of licensing criteria

Where a licence is required, the following will be made publicly available:

(a) all the licensing criteria and the period of time normally required to reach a decision concerning an application for a licence and

(b) the terms and conditions of individual licences.

The reasons for the denial of a licence will be made known to the applicant upon request.

5. Independent regulators

The regulatory body is separate from, and not accountable to, any supplier of basic telecommunications services. The decisions of and the procedures used by regulators shall be impartial with respect to all market participants.

6. Allocation and use of scarce resources

Any procedures for the allocation and use of scarce resources, including frequencies, numbers and rights of way, will be carried out in an objective, timely, transparent and non-discriminatory manner. The current state of allocated frequency bands will be made publicly available, but detailed identification of frequencies allocated for specific government uses is not required.

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