RESTRICTED
WORLD TRADE WT/ACC/SPEC/MOL/2
25February 1998
ORGANIZATION(98-0773)
Original: English Working Party ontheAccession
oftheRepublic ofMoldova
ACCESSION OFTHE REPUBLIC OFMOLDOVA
Initial Offer inServices
Forthepurposes oftheaccession oftheRepublic ofMoldova totheWTO, theMinistry of
Economy andReforms oftheRepublic ofMoldova haspresented thefollowing offer ofinitial
commitments ontrade inservices, withtherequest thatitbecirculated tomembers oftheWorking
Party.
_______________
MOLDOVA
Initial Offer inServicesWT/ACC/SPEC/MOL/2
Page2MOLDOVA
Initial Offer
Mode(s) ofSupply Measures
A. HORIZONTAL COMMITMENTS
(1) Cross-border supply 1) None
(2) Consumption abroad 2) None
(3) Commercial presence 3)(a) Foreign investments maybeundertaken inallbranches oftheeconomy
provided thefollowing isnotviolated:
- State security interests;
- anti-monopoly legislation;
- norms ofenvironment protection;
- public health;
- social order;
- moral norms.
(b) Thefollowing activities areforbidden under Moldovan law:
- production, saleanddissemination ofpornographic materials;
- establishment andrunning ofbrothels;
- contraband trade.
(c) Services which aresubject tolicensing canonlybesupplied through legal
persons registered inMoldova.
(4) Presence ofnatural persons 4) Foreign citizens have theright, totheextent thatitisimportant forthe
activity ofthecompany withforeign investment participation, andifthis
isnotagainst theinterests ofnational security andorder oftheRepublic
ofMoldova, toreceive anentry visaandpermission tostayinthe
country, ifnecessary.WT/ACC/SPEC/MOL/2
Page3Mode(s) ofSupply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence ofnatural persons
Sector orSub-sector Limitations onMarket Access Limitations onNational Treatment Additional Commitments
B. SPECIFIC SERVICE SECTOR ORSUB-SECTOR
1. BUSINESS SERVICES
A. Professional Services
(a) Legal services 1) None
2) None
3) Foreign lawyers canprovide legal
services inMoldova onlyif
Moldovan lawyers aregranted the
same rights inthespecified
country onthebasis ofreciprocity
4) Notary services canbeprovided
onlybyMoldovans; intherest
none, except asstated inthe
horizontal section1) None
2) None
3) None
4) None
2. COMMUNICATIONS SERVICES
A. Postal Services
(a) Forwarding ofletters
andparcels1) There isamonopoly forthebasic
postal services heldbyPosta
Moldovei
2) None
3) There isamonopoly forthebasic
postal services heldbyPosta
Moldovei
4) None, except asstated inthe
horizontal section1) None
2) None
3) None
4) None
(b) Money orders 1) There isamonopoly forthebasic
postal services heldbyPosta
Moldovei
2) None
3) There isamonopoly forthebasic
postal services heldbyPosta
Moldovei
4) None, except asstated inthe
horizontal section1) None
2) None
3) None
4) NoneWT/ACC/SPEC/MOL/2
Page4Mode(s) ofSupply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence ofnatural persons
Sector orSub-sector Limitations onMarket Access Limitations onNational Treatment Additional Commitments
(c) Pension money orders 1) There isamonopoly forthebasic
postal services heldbyPosta
Moldovei
2) None
3) There isamonopoly forthebasic
postal services heldbyPosta
Moldovei
4) None, except asstated inthe
horizontal section1) None
2) None
3) None
4) None
(d) Express letter and
parcel forwarding1) None
2) None
3) None
4) None, except asstated inthe
horizontal section1) None
2) None
3) None
4) None
C. Telecommunications
Services
(a) International
telecommunications,
telegraph andtelex1) Moldtelecom State monopoly until
2005
2) None
3) Moldtelecom State monopoly until
2005
4) None1) None
2) None
3) None
4) None
(b) Basic telecom services 1) Moldtelecom State monopoly until
2005
2) None
3) Moldtelecom State monopoly until
2005
4) None1) None
2) None
3) None
4) None
(c) Leased circuit
provisions viapublic
telecom network
owned by
Moldtelecom1) Moldtelecom State monopoly until
2005
2) None
3) Moldtelecom State monopoly until
2005
4) None1) None
2) None
3) None
4) NoneWT/ACC/SPEC/MOL/2
Page5Mode(s) ofSupply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence ofnatural persons
Sector orSub-sector Limitations onMarket Access Limitations onNational Treatment Additional Commitments
(d) Mobile telephone
service, NMT-450
standard, connected to
thepublic telecom
network owned by
Moldtelecom1) None
2) None
3) None
4) None, except asstated initem 4
ofthehorizontal section.1) None
2) None
3) None
4) None
(e) Mobile telephone
services, GSM-900
standard, connected to
thepublic telecom
network owned by
Moldtelecom1) Exclusive rights ofVOXTEL until
2003
2) None
3) Exclusive rights ofVOXTEL until
2003
4) None, except asstated initem 4
ofthehorizontal section1) None
2) None
3) None
4) None
(f) Services provided via
"trunked" access
network1) None
2) None
3) None
4) None, except asstated initem 4
ofthehorizontal section1) None
2) None
3) None
4) None
(g) Services provided via
"paging" access
network1) None
2) None
3) None
4) None, except asstated initem 4
ofthehorizontal section1) None
2) None
3) None
4) None
(h) Value-added
telecommunication
services1) None
2) None
3) None, except theaccess tothe
international network through lines
rented from Moldtelecom during
theperiod ofitsmonopoly in
performing international
telecommunication services
4) None, except asstated item4of
thehorizontal section1) None
2) None
3) None
4) NoneWT/ACC/SPEC/MOL/2
Page6Mode(s) ofSupply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence ofnatural persons
Sector orSub-sector Limitations onMarket Access Limitations onNational Treatment Additional Commitments
(i) Internet services 1) None
2) None
3) None, except theaccess tothe
international network through lines
rented from Moldtelecom during
theperiod ofitsmonopoly in
performing international
telecommunication services
4) None, except asstated initem 4
ofthehorizontal section1) None
2) None
3) None
4) None
D. Audiovisual Services
(a) Audio-visual services 1) None
2) None
3) Foreign natural andlegal persons
have theright toperform
audio-visual services onlywithin a
joint-venture
4) None, except asstated inthe
horizontal section1) None
2) None
3) None
4) None
3. CONSTRUCTION AND RELATED ENGINEERING SERVICES
(a) Design inconstruction 1) None
2) None
3) Only joint ventures areadmitted
4) None, except asstated inthe
horizontal section1) None
2) None
3) None
4) None
(b) Construction works
andassemblage1) None
2) None
3) Only joint ventures areadmitted
4) None, except asstated inthe
horizontal section1) None
2) None
3) None
4) NoneWT/ACC/SPEC/MOL/2
Page7Mode(s) ofSupply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence ofnatural persons
Sector orSub-sector Limitations onMarket Access Limitations onNational Treatment Additional Commitments
7. FINANCIAL SERVICES
A. Insurance and
Insurance-Related
Services
(a) Insurance services 1) Only permitted iftheservice
concerned isnotavailable locally
2) Risk re-insurance byforeign
re-insurers without alicence
issued bytheMinistry ofFinance,
ispermitted onlyiftheservice
concerned isnotavailable locally1) None
2) None
3) Foreign legal orphysical persons
cannot ownmore than49% in
insurance companies operating in
Moldova
4) None, except asstated inthe
horizontal section3) None
4) None
B. Banking andOther
Financial Services
(excluding insurance)
(a) Banking services 1) Anauthorization oftheNBM is
necessary fortheexport ofcapital
abroad, incaseofaccess toa
certain amount ofsecurities
circulating inMoldova, ofthe
non-residential issuers. This
authorization isdestined for
resident distributors orbuyers of
these securities.1) Non-resident banks needs an
authorization from theNBM to
draw cashLeifrom their current
accounts inleiopened inMoldova
Aresident ornon-resident investor
canholdmaximum 35% ofthe
State securities withthesame
ISIN, offered forsaleonthe
primary market orbeing in
circulation.WT/ACC/SPEC/MOL/2
Page8Mode(s) ofSupply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence ofnatural persons
Sector orSub-sector Limitations onMarket Access Limitations onNational Treatment Additional Commitments
2) Residents need anauthorization of
theNBM forexport ofcapital
abroad.
Transaction transfers ofapartof
bank'scapital canbemade with
thewritten permission ofthe
NBM if,asaresult ofsuch a
transfer, anyperson orpersons
thatactincommon holddirectly
orindirectly asubstantial partof
thecapital ofthisbank.2) None
Without awritten authorization of
theNBM, none ofthebanks,
individually orconjointly withone
ormore persons withwhich they,
directly orindirectly, acttogether,
cannot:
(a) holdashare from theassets ofan
economic unit, engaged inother
activities thanfinancial, andthat
share iseither asubstantial one,
orisbigger than15% ofthe
regulated capital ofthebank;
(b) holdthecurrent total value of
such shares thatisbigger than
50% oftheregulated capital.
3) Allbanks, domestic andforeign,
must holdalicence. Licences for
branch offices offoreign banks
aregranted onlyif:
(a) theforeign bank is
authorized toengage in
thebusiness ofreceiving
money deposits orother
repayable funds inthe
foreign country where its
head office islocated;3) None oftheforeign banks canbe
directly involved infinancial
activities intheRepublic of
Moldova. They canactthrough
their branches ontheterritory of
Moldova onthebasis of
authorizations, issued bytheNBM.WT/ACC/SPEC/MOL/2
Page9Mode(s) ofSupply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence ofnatural persons
Sector orSub-sector Limitations onMarket Access Limitations onNational Treatment Additional Commitments
(b) thecompetent foreign
authorities thatsupervise
thefinancial activities at
thehead office ofthe
foreign bank concerned
have given their written
consent tothegranting of
such licences;
(c) theNational Bank is
satisfied thattheforeign
bank isadequately
supervised ona
consolidated basis by
such foreign authorities.
4) None, except asstated inthe
horizontal section4) None
C. Other
(a) Commission services
(broker)1) None
2) None
3) None, except asstated initem 3c
ofthehorizontal section
4) Aquality certificate issued bythe
CSPHV isneeded1) None
2) None
3) None
4) None
(b) Trade services (dealer) 1) None
2) None
3) None, except asstated initem 3c
ofthehorizontal section
4) Aquality certificate issued bythe
CSPHV isneeded1) None
2) None
3) None
4) None
(c) Mediation services
(underrider)1) None
2) None
3) None, except asstated initem 3c
ofthehorizontal section
4) Aquality certificate issued bythe
CSPHV isneeded1) None
2) None
3) None
4) NoneWT/ACC/SPEC/MOL/2
Page10Mode(s) ofSupply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence ofnatural persons
Sector orSub-sector Limitations onMarket Access Limitations onNational Treatment Additional Commitments
(d) Keeping theregisters
oftheissuing services1) None
2) None
3) None, except asstated initem 3c
ofthehorizontal section
4) None, except asstated inthe
horizontal section1) None
2) None
3) None
4) None
(e) Depositing services 1) None
2) None
3) None, except asstated initem 3c
ofthehorizontal section
4) Aquality certificate issued bythe
CSPHV isneeded1) None
2) None
3) None
4) None
(f) Other activities 1) None
2) None
3) None, except asstated initem 3c
ofthehorizontal section
4) Aquality certificate issued bythe
CSPHV isneeded1) None
2) None
3) None
4) None
11. TRANSPORT SERVICES
(a) Transportation of
passengers onbuses1) None
2) None
3) Non-regulated international bus
transportation iseffected onthe
basis ofauthorizations and"ASOR
passenger 'scard", issued by
international transport agencies of
theState or,without concluding
anycontract
4) None, except asstated inthe
horizontal section1) None
2) None
3) None
4) NoneWT/ACC/SPEC/MOL/2
Page11Mode(s) ofSupply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence ofnatural persons
Sector orSub-sector Limitations onMarket Access Limitations onNational Treatment Additional Commitments
(b) Transportation of
passengers onrail
ways1) Monopoly oftheState company
"Calea Ferata dinMoldova"
2) None
3) Monopoly oftheState company
"Calea Ferata dinMoldova"
4) None, except asstated inthe
horizontal section1) None
2) None
3) None
4) None
(c) Auto transportation of
goods1) International transportation of
goods iseffected onthebasis of
special authorizations issued by
theMoldovan Agency for
International Auto Traffic, thatis
annually exchanging authorizations
between States onthebasis of
reciprocity1) None
2) None
3) International transportation of
goods iseffected onthebasis of
special authorizations issued by
theMoldovan Agency for
International Auto Traffic, thatis
annually exchanging authorizations
between States onthebasis of
reciprocity2) None
3) None
4) None, except asstated inthe
horizontal section4) None
(b) Transportation of
goods onrailways1) Monopoly oftheState company
"Calea Ferata dinMoldova"
2) None
3) Monopoly oftheState company
"Calea Ferata dinMoldova"
4) None, except asstated inthe
horizontal section1) None
2) None
3) None
4) NoneWT/ACC/SPEC/MOL/2
Page12Mode(s) ofSupply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence ofnatural persons
Sector orSub-sector Limitations onMarket Access Limitations onNational Treatment Additional Commitments
12. OTHER SERVICES NOT INCLUDED ELSEWHERE
1. Services Regarding
Intellectual Property
Rights
(a) Services regarding
intellectual property
rights1) None
2) None
3) Only Moldovan companies canact
asauthorized agents representing
theinterests ofIPRholders in
Moldova
4) None, except asstated inthe
horizontal section1) None
2) None
3) None
4) None
__________