Common Contracts
1 similar General Agreement on Trade in Services (Gats) contracts
GENERAL AGREEMENT GATS/SC/24General Agreement on Trade in Services (Gats) • April 8th, 2008
Sector or subsector Limitations on market access Limitations on national treatment Additional commitments I. HORIZONTAL COMMITMENTS ALL SECTORS INCLUDED IN THIS SCHEDULE 1), 2), 3), 4) Foreigners must pay commercial service transactions, however the services are supplied, in convertible currency unlessotherwise authorized 1), 2), 3), 4) Taxes and charges on the supplyof services by foreigners are paid in local currency, but there must be an equivalent amount in convertible currency, unless otherwise authorized 2)Consumption abroad will be subject to all measures, including exchange regulations, which are applicable at any particular moment to the movement of human consumers or consumers living in Cuba and to the consumption of services abroad by those consumers 3)As a general rule, foreign investment in the capital of joint enterprises can be up to 49 per cent of the stock; however, in certain cases the competent bodies may authorize a higher level of investment 2)Consumption abroa
