WORLD TRADE S/C/N/58
23May 1997
ORGANIZATION
(97-2134)
Original: English Council forTrade inServices
NOTIFICATION PURSUANT TOARTICLE III.3OFTHE
GENERAL AGREEMENT ONTRADE INSERVICES
Insurance andinsurance-related services
Thefollowing notification hasbeenreceived from Japan.
____________
1. Member notifying:
Japan
2. Notification under Article(s):
Article III,paragraph 3
3. Date ofentry intoforce:
1April 1996
Duration:
Indefinite
4. Agency responsible forenforcement ofthemeasure:
Ministry ofFinance
5. Complete description ofthemeasure:
According tothecomprehensive revision ofGovernment Ordinance ontheImplementation
ofInsurance Business Law, thecross-border insurance transactions forships ofJapanese registration
which areusedforinternational maritime transport andaircraft ofJapanese registration havebeen
liberalized since 1April 1996.
./.S/C/N/58
Page 2
Affected commitments intheSchedule:
"Thecross-border insurance transactions forships ofJapanese registration which areusedfor
international maritime transport andaircraft ofJapanese registration willbeliberalized bytheendof
June1996." inmode (1)and(2)ofthecolumn oflimitations onmarket access insector 7.A.-"Insurance
andInsurance-Related Services".
6. Members specifically affected, ifany:
None
7. Textavailable from:
Second Insurance Division
Banking Bureau
Ministry ofFinance
Telephone +(81 3)3581 4143
Telefax +(81 3)5251 2132