RESTRICTEDWORLD TRADE
ORGANIZATIONTN/S/O/MEX
10 June 2003
(03-3008)
Council for Trade in Services
Special SessionOriginal:  Spanish
MEXICO
Conditional Initial Offer
The following initial offer was received from the Delegation of Mexico on 16 May 2003 with
the request that it be circulated to Members of the Council for Trade in Services.
_______________
I. INTRODUCTION
1. Pursuant to paragraph 6 of the Doha Ministerial Declaration concerning Members’
commitment to submit a conditional initial offer for the negotiations provided for in Article  XIX of
the GATS, Mexico hereby submits its conditional in itial offer of specific commitments in services.
2. By means of this offer, Mexico reiterates its WTO commitment to achieving a progressively
higher level of liberalization and delivering effective access to its services markets.
3. Given that Mexico's offer takes the concepts set forth in Article I.3 of the GATS into account,
the attached offer does not include services supplied in the exercise of governmental authority.
4. Furthermore, pursuant to Article VI of the GATS, Mexico reserves the right to establish,
maintain and fully exercise its national legislation in order to achieve legitimate policy objectives in
areas such as consumer protection, health and the environment, inter alia . Likewise, Mexico reserves
the right to revise or amend this offer in the light of the outcome of the work of the Working Party on
GATS Rules and the Working Party on Domestic Regulation.
5. Mexico reiterates that this offer is conditional and that it therefore reserves the right to
withdraw, amend or supplement all or part of it at any time prior to the conclusion of the negotiations.
It also reserves the right to submit technical amendments or corrections.
II. SPECIFIC COMMITMENTS
6. In the light of Mexico's desire to promote the progressive liberalization of trade in services,
this contribution includes, inter alia , offers in the following sectors: professional services, computer
and related services, research and development services, real-estate services, distribution services,
environmental services, financial services, health and social services, tourism and travel-relatedservices, recreational, cultural and sporting services, maritime transport services and rail transport
services.
7. Insofar as was possible, Mexico drew up its Schedule of Commitments on the basis of the
Services Sectoral Classification List (MTN.GNS/W/120) and in accordance with the definitions in theTN/S/O/MEX
Page 2
United Nations' Provisional Central Product Classification. Attention should be drawn to the fact that
several services sectors might be added once the review of consistency between the above
classifications and the Mexican Classification of Activities and Products (CMAP) has been
completed.
8. In the review of its specific commitments and submission of new commitments in this
conditional initial offer, Mexico took into consideration the Guidelines for the Scheduling of SpecificCommitments Under the General Agreement on Trade in Services (GATS), circulated in document
S/L/92.
9. Mexico hereby expresses its willingness to comment on or clarify any doubts concerning this
conditional initial offer. Questions should be addressed to the Permanent Mission of Mexico to the
WTO at Geneva or the Ministry of the Economy (Directorate General of Negotiations in Services) in
Mexico City.TN/S/O/MEX
Page 3MEXICO - CONDITIONAL INITIAL OFFER
Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
I. HORIZONTAL COMMITMENTS
ALL SECTORS INCLUDEDIN THIS SCHEDULE
1) None 1) None
2) None 2) None
3) Foreign investment in activities reserved for
Mexican nationals must be through neutralshares, the purchase of which must bequoted on the Mexican Stock Exchange.3) Foreigners may not acquire direct ownership
of land and water in a 50 km. strip on thecoastline and a 100 km. strip along thefrontiers. Unbound for research and
development subsidies and incentives to
small service enterprises owned by Mexicannationals.
Mexican companies without a foreigner
exclusion clause and which have signedthe agreement referred to in Article 27.I
of the Constitution may acquire
immovable property in the restricted areafor non-residential activities and mustregister the purchase wi th the Ministry of
Foreign Affairs (SRE). Authorizationfrom the SRE is required for credit
institutions to acquire as a
fideicommissum immovable property inthe restricted area when the beneficiariesare Mexican companies without aforeigner exclusion clause or foreign
natural or legal persons.TN/S/O/MEX
Page 4Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
The Foreign Investment Commission
(CNIE) is the body responsible forestablishing foreign investment policyguidelines and designing mechanisms topromote investment in Mexico, as well as amandatory advisory body on foreign
investment for federal public
administration departments and agencies.The Foreign Investment Commission (CNIE) is
the body responsible for establishing foreigninvestment policy guidelines and designingmechanisms to promote investment in Mexico,as well as a mandatory advisory body onforeign investment for federal public
administration departments and agencies.
In fulfilment of its terms of reference, the
CNIE establishes the criteria forimplementing legal and regulatory foreigninvestment provisions by issuing generalresolutions. It also decides whether to
authorize and, where appropriate, dictates
the terms and conditions of foreign equityparticipation in economic activities andacquisitions subject to  specific regulations
under the Foreign Investment Law.In fulfilment of its terms of reference, the
CNIE establishes the criteria for implementinglegal and regulatory foreign investmentprovisions by issuing general resolutions. Italso decides whether to  authorize and, where
appropriate, dictates the terms a nd conditions
of foreign equity part icipation in economic
activities and acquisiti ons subject to specific
regulations under the Foreign Investment Law.
The CNIE applies the following criteriawhen examining authorization requests:
- The impact on employment and
worker training;
- the technologi cal contribution;
- compliance with the environmental
provisions in the relevantenvironmental legislation;  and- in general, the contribution to
enhancing the competitiveness of the
country's productive system.The CNIE applies the following criteria when
examining authorization requests:
- The impact on employment and worker
training;
- the technologi cal contribution;
- compliance with the environmental
provisions in the rel evant environmental
legislation;  and
- in general, the contribution to enhancing
the competitivene ss of the country's
productive system.TN/S/O/MEX
Page 5Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
The CNIE, when examining the propriety
of an application, may only imposerequirements which do not distortinternational trade. It may also prevent
foreign investment holdings for reasons of
national security.The CNIE, when examinin g the propriety of an
application, may only impose requirementswhich do not distort international trade. Itmay also prevent foreign investment holdingsfor reasons of national security.
Finally, the CNIE shall decide on a case-by-case basis whether or not to permit anacquisition or majority foreign equityownership that is subject to its reviewunder the Foreign Investment Law.Finally, the CNIE shall decide on a case-by-case
basis whether or not to permit an acquisition ormajority foreign equity ownership that issubject to its review under the ForeignInvestment Law.
Persons required to register shall renewtheir registration record annually, forwhich they must complete an economic-financial questionnai re in accordance with
the respective regulations.Persons required to register shall renew their
registration record annually, for which theymust complete an economic-financialquestionnaire in accordance with the
respective regulations.TN/S/O/MEX
Page 6Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
4) Unbound, except for measures affecting
the entry and temporary stay of naturalpersons in the following categories:  a)persons directly responsible for the sale ofa service,  and b) persons transferredwithin the same enterprise, provided that
they are executives, managers or
specialists.
For the purposes of this offer:
a) persons directly responsible for the sale of
a service means persons representing an
enterprise that carries out an activity in a
country party to the Agreement who areto enter Mexican territory temporarily(for up to 90 days) in order to sell or
negotiate the sale of a service or conclude
agreements for the sale of the said serviceon behalf of the enterprise that theyrepresent, provided that this does not,under any circumstances, constitute adirect sale to the general public.4) Unbound, except for measures affecting the
categories of natural persons indicated in themarket access column. The followingactivities are reserved for Mexican nationals:ship captains, aircraft pilots, ship masters,ship engineers, ship mechanics, crews of
ships and aircraft under the Mexican flag,
airport managers, harbour pilots, Customsbrokers and train crews.  Subsidies granted tonatural persons may be limited to Mexicancitizens.
b) persons transferred within the same
enterprise means the employees of an
enterprise who have been employed bythat enterprise for at least a yearproceeding their temporary entry intoMexican territory (one year with optionof renewal) in order to continue providing
their services in that enterprise or a
subsidiary thereof in accordance with therelevant national laws.  This offer isrestricted to executives, managers andspecialists.TN/S/O/MEX
Page 7Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
- executives are persons in an enterprise
who primarily direct its management or
establish its goals and policies or those ofany of its main components or activities,exercise wide latitude in decision-makingand receive only general supervision and
instructions from higher-level executives,
the Board of Directors or shareholders ofthe enterprise.
- managers are persons in an enterprise who
direct the enterprise or its departments ordivisions, supervise and control the work
of other supervisory, professional or
managerial staff, have the authority tohire, dismiss and take other personnelactions and exercise discretionaryauthority over higher-level day-to-day
operations.
- specialists are persons within an enterprise
who possess advanced and proprietary
knowledge of the enterprise's production,services, research equipment, techniques
or management.TN/S/O/MEX
Page 8Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
II.  SECTOR-SPECIFIC COMMITMENTS
1. BUSINESS SERVICES
A. Professional Services 1
b) Accounting, auditing and
bookkeeping services
(CPC 862)1) None
2) None3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) Foreign accounting and auditing enterprises
must use the name of their Mexican partners.
4) Unbound, except as indicated in the horizontal
section.
d) Consultancy and technical
studies for architecture
(CPC 8671)1) None
2) None3)None  Foreign investment of up to 100 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
e) Consultancy and technical
studies for engineering
(CPC 8672)1) None
2) None3)None  Foreign investment of up to 100 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
f. Integrated engineering
services(CPC 8673)1) Unbound
2) None3) None4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None3) None4) Unbound, except as indicated in the
horizontal section.
                                                     
1 A degree that has been recognized or confirmed by the Ministry of Public Education (SEP) and a professional licence are require d to exercise a profession in Mexico.
Special requirements must be met by engineers, architects and doctors .TN/S/O/MEX
Page 9Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
g. Urban planning and
landscape architecturalservices
(CPC 8674)1) Unbound
2) None3) None4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None3) None4) Unbound, except as indicated in the
horizontal section.
h) Medical and dental services    (CPC 9312)1) None
2) None3)None  Foreign investment of up to 100 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
B. Computer and related
services
a. Consultancy servicesrelated to the installation of
computer hardware
(CPC 841)1) None
2) None3) None
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the
horizontal section.
b. Softwareimplementation services(CPC 842 )1) None
2) None3) None
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the
horizontal section.TN/S/O/MEX
Page 10Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
c) Systems analysis and data
processing services  (CPC
843)1) None
2) None3)None  Foreign investment of up to 100 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3)None  The duty-free system with exemption
from import duties applicable to the
production of goods in this activity is
intended solely for domestic producers
(Computer Industry Modernization
Programme, 1990).
4) Unbound, except as indicated in the horizontal
section.
d. Database services (CPC
844)1) None
2) None
3) None1) None
2) None
3) None
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the
horizontal section.
e. Other
(CPC 845 and 849)1) None
2) None3) None1) None
2) None3) None
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the
horizontal section.
C. Research and development
services (CPC 85)1) None2) None3) Foreign investment of up to 49 per cent of
the registered capital of enterprises and
up to 100 per cent for research and
technological development centres.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
Page 11Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
D. Real estate services
a. Real estate services
involving own or leasedproperty   (CPC 821)
Other than:  Real estate
services involving ownproperty1) Unbound
2) None3) None.4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None3) None.4) Unbound, except as indicated in the
horizontal section.
b. Real estate services
on a fee or contract basis(CPC 822)1) Unbound
2) None3) None.4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None3) None.4) Unbound, except as indicated in the
horizontal section.
E. Rental/leasing services
without operators
a) Leasing or rental services
concerning vessels without
operator (CPC 83103)1) Unbound
2) None
3) Foreign investment only up to 49 per cent
of the registered capital of enterprises.1) Unbound
2) None
3) None
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the horizontal
section.
b.    Leasing or rental services
concerning aircraftwithout operator(CPC 83104)1) Unbound
2) None3) None4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None3) None4) Unbound, except as indicated in the
horizontal section.TN/S/O/MEX
Page 12Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
c) Leasing or rental services
concerning other means oftransport without operator:1) Unbound
2) None3) Foreign investment of up to 51 49
 per cent
of the registered capital of enterprises.
Enterprises incorporated as trading
companies under Mexican law and the
corporate purpose of which explicitly
provides for leasing are required toregister with the Ministry ofCommunications and Transport.Foreign investment may not exceed 49per cent of the registered capital of
enterprises engaged in leasing or rental
services concerning means of maritimetransport.
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
- Rental of cars without
driver
(CPC 83101)1) Unbound
2) None3) Foreign investment of up to 51 49
 per cent
of the registered capital of enterprises.
Enterprises incorporated as trading
companies under Mexican law and the
corporate purpose of which explicitly
provides for leasing are required toregister with the Ministry of
Communications and Transport.  Car
rental companies must have a tourist
licence issued by the Ministry of Tourism
(SECTUR).
.  4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
d) Leasing or rental services
concerning other
machinery and equipment
without operatorTN/S/O/MEX
Page 13Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
- Rental services
concerningagricultural andfishery machinery andequipment (CPC83106)1) None
2) None3)None Foreign investment of up to 49 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
- Rental services
concerning industrialmachinery andequipment
(CPC 83109)1) None
2) None3)None  Foreign investment of up to 49 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
e) Other
- Rental services
concerning electronicequipment for dataprocessing
(CPC 83108)1) None
2) None3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
- Rental services
concerning officeequipment andfurniture
(CPC 83108)1) None
2) None3)None  Foreign investment of up to 49 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
- Rental services
concerningtelevisions, soundequipment, video-
cassette recorders and
musical instruments
(CPC 83201)1) None
2) None3)None  Foreign investment of up to 49 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
Page 14Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
- Rental services
concerningprofessionalphotographicequipment andprojectors
(CPC 83209)1) None
2) None3)None  Foreign investment of up to 49 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
- Rental services
concerning othermachinery, equipmentand furniture notmentioned above
(CPC 83109)1) None
2) None3)None  Foreign investment of up to 49 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
F. Other business services
a) Advertising and relatedactivities (excluding
broadcasting) (CPC 871)1) None
2) None
3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None
3) None
4) Unbound, except as indicated in the horizontal
section.
b) Market research services
(CPC 8640)1) Unbound
2) None1) None
2) None
3)None Foreign investment of up to 100 per
cent of the registered capital of
enterprises.3) NoneTN/S/O/MEX
Page 15Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the horizontal
section.
c) Management consulting
services1) None
2) None3)None  Foreign investment of up to 100 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
d) Administrative formalitiesand collection services
(CPC 8660)1) None
2) None
3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.
Direct or indirect foreign equity
partnership in excess of 49 per centrequires prior authorization from the
Foreign Investment Commission
(CNIE).
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None
3) None
4) Unbound, except as indicated in the horizontal
section.
e.   Technical testing and
analysis services (CPC
8676)1) None
2) None
3) None4) Unbound, except as indicated in the
horizontal section.1) None
2) None
3) None4) Unbound, except as indicated in the
horizontal section.
f) Services incidental to
agriculture, hunting and
forestry:
- Professional services
incidental toagriculture
(CPC 8811)1) None
2) None3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.  Application of pesticides reservedfor Mexican nationals.TN/S/O/MEX
Page 16Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
- Professional services
incidental to animalhusbandry
(CPC 8812)1) None
2) None3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.  Only Mexican nationals may be
responsible for the handling and application
of chemical, pharmaceutical and biologicalsubstances.
k) Placement and supply
services of personnel
(CPC 8720)1) Unbound
2) None3)None Foreign investment of up to 49 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
l) Protection and guardservices (CPC 8730)1) Unbound
2) None3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
n) Maintenance and repair of
equipment, not includingmaritime vessels, aircraftor other transportequipment:
- Repair and maintenance
of industrialmachinery andequipment
(CPC 8862)1) None
2) None3)None  Foreign investment of up to 49 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
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Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
- Repair and maintenance
of professionaltechnical equipmentand instruments
(CPC 8866)1) None
2) None3)None  Foreign investment of up to 49 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
- Repair and maintenance
of machinery andequipment for generaluse, not assignable toany specific activity
(CPC 886)1) None
2) None3)None  Foreign investment of up to 49 per
cent of the registered capital of
enterprises
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
o) Building-cleaning services 
(CPC 8740)1) None
2) Unbound*3)None  Foreign investment of up to 49 per
cent of the registered capital of
enterprises
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
p) Photographic services
- Photography and
motion-picture
processing services
(CPC 87505 and87506)1) None
2) Unbound*3)None  Foreign investment of up to 49 per
cent of the registered capital of
enterprises
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
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Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
r.  Printing and publishing
(CPC 88442)
Includes only:-  Publishing of books and
similar products
-  Printing and binding
(other than printing ofnewspapers for circulation inMexico alone)
-  Printing, publishing and
allied industries (other thanthe manufacture of printingtypes, as classified under
category 3811 "casting and
moulding of f errous and non-
ferrous metal parts")1) None
2) None3) None
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None4) Unbound, except as indicated in the
horizontal section.
s.  Convention services  (CPC
87909*)1) Unbound *
2) None
3) None4) Unbound, except as indicated in the
horizontal section.1) Unbound *
2) None
3) None4) Unbound, except as indicated in the
horizontal section.
t) Other
- Credit-reporting
services
(CPC 87901)1) None
2) None
3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.
Direct or indirect foreign equityparticipation in excess of 49 per centrequires prior authorization from the
Foreign Investment Commission
(CNIE).
4) Unbound, except as indicated in the
horizontal section.1) None
2) None
3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
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Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
- Speciality design
services
 (CPC 87907)1) None
2) None3)None  Foreign investment of up to 49 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
- Industrial design
services
(CPC 86725)1) None
2) None3)None  Foreign investment of up to 49 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
- Photocopying and
similar services
(CPC 87904)1) None
2) None
3)None  Foreign investment of up to 49 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None
3) None
4) Unbound, except as indicated in the horizontal
section.
t.   Translation services
(CPC 87905)1) Unbound
2) None3) Foreign equity participation of up to 100
per cent.
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None3) None
4) Unbound, except as indicated in the
horizontal section.
-     Washing and cleaning
services (CPC 97011)1) Unbound*
2) None3) None
4) Unbound, except as indicated in the
horizontal section.1) Unbound*
2) None3) None4) Unbound, except as indicated in the
horizontal section.TN/S/O/MEX
Page 20Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
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2. COMMUNICATION
SERVICES
B. Courier services
- Courier services
(CPC 7512)1) Unbound
2) None3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.
Requirements laid down for each specific
means of transport must be fulfilled.
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
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Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
2.C. TELECOMMUNICATION
SERVICES2
Telecommunicationsservices supplied by a
facilities-based public
telecommunicationsnetwork (wire-based andradioelectric) through anyexisting technologicalmedium included in
subparagraphs (a), (b), (c),
(f), (g) and (o).
Radio broadcasting, cable
television, DTH (direct-to-
home) and DBS (direct
broadcast satellite) satellitetransmission and audiodigital services areexcluded.1) None, except the following:
International traffic must be routed through
the facilities of an enterprise that has been
granted a concession by the Ministry of
Communications and Transport (SCT).
2) None3) A concession
3 from the SCT is required.
Only enterprises established inconformity with Mexican law may obtain
such a concession.
Concessions for spectrum frequency bands
for specific uses will be granted by publicinvitation to tender.
Foreign governments may not participate
in an enterprise set up under Mexican lawnor obtain authorization to providetelecommunications services.1) None
2) None
3) NoneMexico undertakes
the obligations setout in the reference
paper attached
hereto.
                                                     
2 Mexico reserves the right to withdraw or amend all or part of th is offer at any time prior to the conclusion of the negotiation s as the result of a dispute settlement procedure.
3 Concession:  Right granted to install, operate or use a facilities-based public telecommunications network.TN/S/O/MEX
Page 22Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
Direct Foreign investment of up to 49 per
cent is permitted in an enterprise set up inaccordance with Mexican law.
Telecomunicaciones de Mexico
(Telecomm) has exclusive rights to linkswith Intelsat and Inmarsat.
Services other than international
long-distance services which require useof satellites must use the Mexican satelliteinfrastructure until the year 2002.
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the horizontal
section.
a. Voice telephony services
(CPC 75211, 75212)
b. Packet-switched data
transmission services (CPC7523**)
c. Circuit-switched data
transmission services (CPC
7523**)1) None, except as indicated in 2.C.1).
2) None
3) As indicated in 2.C.3).
4) Unbound, except as indicated in the
horizontal section.1) None
2) None
3) None
4) Unbound, except as indicated in the horizontal
section.
f. Facsimile services
(CPC 7521** and 7529**)1) None, except as indicated in 2.C.1).
2) None3) As indicted in 2.C.3).
A permit issued by the SCT is required to
provide a public facsimile service.  Onlyenterprises set up in accordance withMexican law may obtain such a permit.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
Page 23Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
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commitments
g. Private leased circuit
services (CPC 7522** and7523**)1) None, except as indicated in 2.C.1).
2) None3) As indicted in 2. C. 3).
Operators of private networks wishing to
exploit services commercially mustobtain a concession from the SCT,
whereupon such networks assume the
character of public telecommunicationsnetworks.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
o. Other
- Paging services
(CCP75291)1) None, except as indicated in 2.C.1).
2) None
3) As indicted in 2.C.3).4) Unbound, except as indicated in the
horizontal section.1) None
2) None
3) None4) Unbound, except as indicated in the horizontal
section.
- Mobile telephone services
(75213**) on the "A" and"B" bands 
41) None, except as indicated in 2.C.1).2) None3) As indicted in 2.C.3).
Foreign investment in excess of 49 percent of an enterprise's capital requiresauthorization from the Foreign Investment
Commission.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4)  Unbound, except as indicated in the
horizontal section.
                                                     
4 Frequencies 825-835/870-880 and 835-845/880-890 Mhz .TN/S/O/MEX
Page 24Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
- Commercial agencies  51) None, except as indicated in 2.C.1).
2) None3) None except:
A permit issued by the SCT is required.Only enterprises set up in accordance withMexican law may obtain such a permit.
Foreign governments may not participate
in an enterprise set up in accordance withMexican law nor obtain any authorizationto provide telecommunications services.
Except where specifically approved by the
SCT, public telecommunications networkconcessionaires may not participate, eitherdirectly or indirectly, in the capital of acommercial agency.1) None
2) None3) None
The establishment and operation ofcommercial agencies is invariably subjectto the respective regulations.  The SCTwill not grant permits for the establishmentof a commercial agency until thecorresponding regulations are issued.
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the horizontal
section.
o) Other telecommunication
services
        Value-added services1) A permit is required to provide services
using radio-electric space.  A permit fromthe Ministry of Communications and
Transport (SCT) is required to establish
private networks and supply value-addedservices.  The central equipment andsystems for providing specialtelecommunications services must belocated in Mexican territory.1) None
                                                     
5 Agencies which, without owning transmission media, provide third parties with telecommunications services by using capacity lea sed from a public network
concessionaire .TN/S/O/MEX
Page 25Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
(telecommunication
services employingcomputer-processingsystems that:  (a) act on theformat, content, protocol orsimilar aspects of a
customer’s transmitted
information;  (b) provide acustomer with additional,different or restructuredinformation;  or (c)involve customer
interaction with stored
information).2) None
3) Foreign investment only up to 49 per cent
of the registered capital of enterprises. Apermit is required to provide servicesusing radio-electric space.  A permit fromthe SCT is required to establish private
networks and supply value-added
services.
There is an exclusive provider of airline
computer reservation services.  Thirty percent of the excess capacity of private
circuits may be rented or sold. A permit
from the SCT is required for cross-borderconnections and long-distance servicesfor third users are prohibited.2) None
3) None
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the horizontal
section.
D. Audiovisual services
a) Private motion-picture
distribution services
(CPC 96112)1) None
2) None
3) Foreign investment of up to 49  100 per
cent of the registered capital ofenterprises.  Film screening requires apermit issued by the Ministry of theInterior.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None
3) None
4) Unbound, except as indicated in the horizontal
section. The Actors' Union requires that a
Mexican be hired for every foreigner hired
for a given activity.TN/S/O/MEX
Page 26Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
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commitments
b) Private motion-picture
projection services
(CPC 96121)1) None
2) None3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.  Filmscreening requires a permit issued by theMinistry of the Interior (SG).
Distributors of films produced outside
and in  Mexico must donate a copy of
each imported
 film title to the National
Film Library.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) 30
 10 per cent of screen time must be
devoted to Mexican films.  For each copyscreened in Mexico, a copy must beprocessed in a Mexican laboratory , with the
exception of foreign films of which not
more than six copies are marketed.
4) Unbound, except as indicated in the horizontal
section.
3. CONSTRUCTION AND
RELATEDENGINEERINGSERVICES
A. General construction work
for buildings
- Residential or housing
building
(CPC 5121 and 5122)1) Unbound
2) Unbound*3) Foreign investment only up to 49 per cent
of the registered capital of enterprises.1) Unbound
2) Unbound*3) None
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the horizontal
section.
- Non-residential
buildings
(CPC 5124, 5127 and
5128)1) Unbound
2) Unbound*
3) Foreign investment only up to 49 per cent
of the registered capital of enterprises.
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) Unbound*
3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
Page 27Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
B. General construction work
for civil engineering
- Construction of urban
development works
(CPC 5131 and 5135)1) Unbound
2) Unbound*3) Foreign investment only up to 49 per cent
of the registered capital of enterprises.
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) Unbound*3) None
4) Unbound, except as indicated in the horizontal
section.
- Construction of
industrial buildings(excluding electric
power stations and
plants for the pipingof oil and oilproducts)
(CPC 52121)1) Unbound
2) Unbound*3) Foreign investment only up to 49 per cent
of the registered capital of enterprises.
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) Unbound*3) None
4) Unbound, except as indicated in the horizontal
section.
- Other construction
(excludingconstruction ofmaritime and riverworks, highway andtransport works and
track construction)
 (CPC 52269)
Other than shared risk
contracts related to theexploitation and drilling of oil
and gas wells and the
construction of pipelines forpetroleum and refined oilproducts.1) Unbound
2) Unbound*3) Foreign investment only up to 49 per cent
of the registered capital of enterprises.
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) Unbound*3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
Page 28Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
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D. Building completion and
finishing work
- Electrical, plumbing
and drainageinstallations inbuildings (excludingtelecommunication
installations and other
special installations)
(CPC 5161-5164)1) Unbound
2) Unbound*3) Foreign investment only up to 49 per cent
of the registered capital of enterprises.
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) Unbound*3) None
4) Unbound, except as indicated in the horizontal
section.
E. Other
- Special work, including
earth moving,
foundations,undergroundexcavation, under-water work, signalling
and protection
installations,demolition,construction ofdrinking water orwater treatment plants
(excluding sinking of
oil, gas and waterwells) (CPC 511 and515)1) Unbound
2) Unbound*
3) Foreign investment only up to 49 per cent
of the registered capital of enterprises.Services relating to visual and electronicaids for runways are subject to approval
and authorization by the Ministry of
Communication and Transport (SCT).
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) Unbound*
3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
Page 29Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
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commitments
4. DISTRIBUTION
SERVICES
A. Commission agents'
services (CPC 621)
Includes only:
Commission agents' services
(also includes sales
representatives not considered
part of the salaried personnelof a particular establishment).1) None
2) None3) None
4) Unbound, except as indicated in the
horizontal section .1) None
2) None3) None4) Unbound, except as indicated in the
horizontal section.
B. Wholesale trade services
- Wholesale trade of non-
food products,
including animal feed
(excluding petroleum-based fuels, coal,firearms, cartridgesand ammunition)
(CPC 622)1) None
2) None
3) None  Foreign investment of up to 100 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None
3) None
4) Unbound, except as indicated in the horizontal
section.
- Wholesale trade of
food, beverages andtobacco
(CPC 6222)1) None
2) None3) None  Foreign investment of up to 100 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
Page 30Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
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C. Retail trade services
- Retail sales of food,
beverages and tobaccoin specializedestablishments
(CPC 6310)1) None
2) None3) None  Foreign investment of up to 100 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
- Retail sales of food
products in
supermarkets, self-
service stores andshops
(CPC 6310)1) None
2) None
3) Foreign investment of up to 100 per cent
of the registered capital of enterprises.Trade union and co-operative stores donot allow foreign investment.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None
3) None
4) Unbound, except as indicated in the horizontal
section.
- Retail sales of non-food
products indepartment stores andshops
(CPC 632)1) None
2) None3) Foreign investment of up to 100 per cent
of the registered capital of enterprises.
Trade union and co-operative stores do
not allow foreign investment.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
- Retail sales of motor
vehicles, including tyres
and spare parts (CPC61112)1) None
2) None
3) Foreign investment of up to 100 per cent
of the registered capital of enterprises.Trade union and co-operative stores donot allow foreign investment.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None
3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
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- Retail sales of non-food
products inspecializedestablishments(excluding retail salesof liquefied fuel gas,
charcoal, coal and
other non-petroleumbased fuels, paraffinand tractorvapourising oil(TVO), gasoline and
diesel, firearms,
cartridges andammunition)
(CPC 6329)1) None
2) None3) Foreign investment of up to 100 per cent
of the registered capital of enterprises.Trade union and co-operative stores donot allow foreign investment.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
5. PRIVATE EDUCATION
SERVICES
A. Primary education services
(CPC 921)
1) None
2) None
3) Foreign investment only up to 49 per cent
of the registered capital of enterprises.Prior authorization is required from theMinistry of Public Education (SEP) or theState authority.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None
3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
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commitments
B. Secondary education
services
(CPC 922)1) None
2) None3) Foreign investment only up to 49 per cent
of the registered capital of enterprises.Prior authorization is required from theMinistry of Public Education (SEP) or the
State authority.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
C. Higher education services
(CPC 923)1) None
2) None3) Foreign investment only up to 49 per cent
of the registered capital of enterprises.
Prior authorization is required from theMinistry of Public Education (SEP) or theState authority.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
E. Other education services:
- Language education,
special education and
commercial training
(CPC 9290)1) None
2) None
3) Foreign investment only  up to 100 49 per
cent of the registered capital ofenterprises.  Prior authorization isrequired from the Ministry of PublicEducation (SEP) or the State authority.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None
3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
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6. ENVIRONMENTAL
SERVICES6
A. Sewage services
(CPC 9401)1) Unbound
2) None3) No restrictions at federal level. Unbound
at State and municipal level.
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None3) No restrictions at federal level. Unbound at
State and municipal level.
4) Unbound, except as indicated in the
horizontal section.
C. Sanitation services
(CPC 94030)1) Unbound
2) None3) No restrictions at federal level. Unbound
at State and municipal level.
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None3) No restrictions at federal level. Unbound at
State and municipal level.
4) Unbound, except as indicated in the
horizontal section.
                                                     
6 The level of disaggregation of each of this sector's subsector s is interpreted in accordance with Mexico's domestic legislativ e framework and may not correspond exactly to the
stated CPC classification; Mexico therefore reserves the right to further clarify such levels in the course of the negotiations .TN/S/O/MEX
Page 34Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
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commitments
7. FINANCIAL SERVICES
A.All insurance and
insurance-rela ted services
a.Life, accident and health
insurance services
(CPC 8121)
b.Non-life insurance services
(CPC 8129)1) Unbound
2) Unbound
3)Foreign investors may hold up to 40 49
per cent of paid-up capital and up to30 per cent of non-voting paid-upcapital. Foreign investment bygovernments and official agencies is notallowed. The limit on individual holdings
by foreign investors is 10 per cent of
paid-up capital or up to 20 per cent of
paid-up capital with authorization from
the Ministry of Finance and Public Credit
(SHCP).   Effective control of the
enterprise by the Mexican shareholdersis required.
4)Unbound, except as indicated in the
horizontal section. Unbound1) Unbound
2) Unbound3) None
4)Unbound, except as indicated in the
horizontal section. UnboundTN/S/O/MEX
Page 35Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
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c.Reinsurance and
retrocession services
(CPC 81299*)1)Foreign reinsurance companies may
participate in reinsurance operations.According to the applicable regulations,such companies are required to registerwith the Ministry of Finance and PublicCredit (SHCP), which may authorize orrefuse registration .
2) Unbound
3)This activity may be carried out by
insurance institutions.  Foreigninvestors may hold up to 49 40 
per cent
of paid-up capital and up to 30 per centof non-voting paid-up capital. Foreigninvestment by governments and officialagencies is not allowed. The limit on
individual holdings by foreign investors is
10 per cent of paid-up capital or up to 20
per cent of paid-up capital with
authorization from the Ministry of
Finance and Public Credit (SHCP).
Effective control of  the enterprise by
the Mexican shareholders is required.Foreign reinsurance companies on theSHCP register may establishrepresentative offices in the countrywith the prior authorization of thisMinistry.  Representative offices offoreign reinsurance companies,according to the applicable regulations,may not act directly or through anintermediary in direct insurance
operations .
4)Unbound, except as indicated in the
horizontal section .Unbound1) None
2) Unbound
3) None
4)Unbound, except as indicated in the
horizontal section .UnboundTN/S/O/MEX
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d .Services auxiliary to
insurance such as :
-insurance broking and
agency services
(CPC 8140)1) Unbound
2) Unbound
3)Foreign investors may hold up to 49 40
per cent of paid-up capital and up to 30
per cent of non-voting paid-up capital. .
The limit of 30 per cent of non-voting
paid-up capital is not applicable; whereappropriate, the AGM is responsiblefor establishing the corresponding
percentage. Foreign investment by
governments and official agencies is notallowed. The limit on individual holdings
by foreign investors is 10 per cent of
paid-up capital or up to 20 per cent of
paid-up capital with authorization from
the Ministry of Finance and Public Credit
(SHCP).   Effective control of the
enterprise by the Mexican shareholdersis required.
4)Unbound, except as indicated in the
horizontal section . Unbound1) Unbound
2) Unbound3) None
4)Unbound, except as indicated in the
horizontal section . Unbound
B. Banking and other financial services (excluding insurance)
Mexican financial intermediaries in which foreign investment is allowed include:  mu ltiple banking institutions (commercial ban ks), securities firms,
securities specialists, limited-purpose financ ial institutions, financial factoring companies, financ ial leasing companies, gen eral deposit warehouses,
foreign exchange firms, investment companies, managing companies of investment companies, guarantee institutions (bonding compa nies) and pension
fund management companies.
Foreign financial institutions, su ch as banks and securities firms,  may establish representative o ffices in Mexico with the pri or authorization of the
Ministry of Finance and Public Credit (SHCP).  Representative offices may not act as financial intermediaries, nor promote acce ptance of funds by the
firms they represent, but solely engage in placement.
In accordance with the applicable legislation, foreign investment is not permitted in credit unions, savings and loan companies  or development banking
institutions.TN/S/O/MEX
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a.Acceptance of deposits and
other repayable fundsfrom the public
(CPC 81115-81119)1) Unbound
2) Unbound
3)This activity is restricted to multiple
banking institutions.  Foreign investors
may hold up to 49 40
 per cent of
common stock capital and up to 100 percent of the additional capitalrepresenting 40 per cent of non
-
limited- voting common stock.
Foreign investment by  artificial persons
exercising governmental functions is notallowed.  Individual holdings of more
than The limit on individual holdings by
foreign investors is 5 per cent of capital
stock or up to 20 per cent of capital stock
with require prior  authorization from
the Ministry of Finance and PublicCredit (SHCP).  Effective control of theenterprise by the Mexican shareholdersis required .
In accordance with the applicable
financial legislatio n, representative
offices of banking institutions areexcluded from this activity .
4)Unbound, except as indicated in the
horizontal section Unbound1) Unbound
2) Unbound3) None
4)Unbound, except as indicated in the
horizontal section UnboundTN/S/O/MEX
Page 38Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
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b.Lending of all types,
including, inter alia ,
consumer credit,mortgage credit, factoringand financing ofcommercial transactions
(CPC 8113)1) Unbound
2) Unbound
3)Multiple banking institutions may carry
out lending activities of all types,including consumer and mortgagecredit, credit discounting and financingof commercial transactions.  Foreigninvestors may hold up to 49 40
 per cent
of common stock capital and up to 100per cent of the additional capital stockrepresenting 40 per cent of non
-
limited- voting common stock .  Foreign
investment by ar tificial persons
exercising governmental functions is not
allowed.  Individual holdings of more
than The limit on individual holdings by
foreign investors is 5 per cent of capital
stock or up to 20 per cent of capital stock
with require prior  authorization from
the Ministry of Finance and PublicCredit (SHCP).  Effective control of theenterprise by the Mexican shareholdersis required.1) Unbound
2) Unbound3) NoneTN/S/O/MEX
Page 39Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
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Limited purpose financial institutions
may carry out only one financingactivity, such as personal credit,consumer credit, mortgage credit orcommercial credit.  Foreign investors
may hold up to 49 per cent of capitalstock.  Foreign inve stment by artificial
persons exercising governmentalfunctions is not a llowed.  Effective
control of the enterprise by the Mexicanshareholders is required.
Financial factoring companies may
carry out factoring activities.  Foreign
investors may hold up to 49 per cent ofpaid-up capital and up to 30 per cent ofnon-
 limited- voting  paid-up capital.
Foreign investment by  artificial persons
exercising governmental functions is notallowed.  The limit on individualholdings is 10 per cent of paid-up
capital.  Effective control of the
enterprise by the Mexican shareholdersis required.
.
4)Unbound, except as indicated in the
horizontal section . Unbound.
4)Unbound, except as indicated in the
horizontal section . Unbound.TN/S/O/MEX
Page 40Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
c.Financial leasing services
(CPC 8112)1) Unbound
2) Unbound
3)Financial leasing companies may carry
out financial leasing activities.  Foreigninvestors may hold up to 49 per cent ofpaid-up capital and up to 30 per cent ofnon-
 limited- voting  paid-up capital.
Foreign investment by  artificial persons
exercising governmental functions is notallowed.  The limit on individualholdings is 10 per cent of paid-upcapital.  Effective control of theenterprise by the Mexican shareholdersis required.
Multiple banking institutions may carry
out financial leasing activities.  Foreigninvestors may hold up to 49 40 
per cent
of common stock capital and up to100 per cent of the additional capitalrepresenting 40 per cent of non-
limited- voting common stock.  Foreign
investment by ar tificial persons
exercising governmental functions is notallowed.  Individual holdings of more
than The limit on individual holdings by
foreign investors is 5 per cent of capital
stock or up to 20 per cent of capital stock
with require prior  authorization from
the Ministry of Finance and PublicCredit (SHCP).  Effective control of theenterprise by the Mexican shareholdersis required .
4)Unbound, except as indicated in the
horizontal section.  Unbound1) Unbound
2) Unbound3) None
4)Unbound, except as indicated in the
horizontal section.  UnboundTN/S/O/MEX
Page 41Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
d. All payment and
money transmissionservices(CPC 81339**)1) Unbound
2) Unbound3) Multiple banking institutions may
provide payment and money
transmission services.  Foreigninvestors may hold up to 49 per centof common stock capital and up to 100per cent of the a dditional capital
representing 40 p er cent of common
stock capital with limited voting rights.
Foreign investment by artificialpersons exercising governmentalfunctions is not allowed. Individualholdings of more than 5 per cent ofcapital stock require authorization
from the Ministry of Finance and
Public Credit (SHCP). Effectivecontrol of the enterprise by theMexican shareholders is required.
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) Unbound3) None
4) Unbound, except as indicated in the
horizontal section.TN/S/O/MEX
Page 42Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
f. Trading on own or
customers' account on astock exchange, over-the-counter market orotherwise, in:
-Money market instruments
(cheques, bills,certificates ofdeposit, etc .)
(CPC 81339**)1) Unbound
2) Unbound
3)Securities firms and securities specialists
may carry out this activity.
 Foreign investors may hold up to 100 40
per cent of common stock capital and
up to 100 per cent of the additionalcapital representing 40 per cent of non-
limited -voting common stock.  Foreign
investment by ar tificial persons
exercising governmental functions is notallowed. Individual holdings of more
than 5 per cent of capital stock
require authorization from the
National Banking and Securities
Commission (CNBV).   The limit on
individual holdings is 10 per cent ofcapital stock or up to 20 per cent ofcapital stock with authorization from theMinistry of Finance and Public Credit(SHCP).  Effective control of the
enterprise by the Mexican shareholders is
required.
4)Unbound, except as indicated in the
horizontal section Unbound1) Unbound
2) Unbound
3) None
4)Unbound, except as indicated in the
horizontal section . UnboundTN/S/O/MEX
Page 43Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
-Foreign exchange
(CPC 81333)1) Unbound
2) Unbound
3)Multiple banking institutions may carry
out this activity. Fo reign investors may
hold up to 49 40 per cent of common
stock capital and up to 100 per cent ofthe additional capital representing40 per cent of the non-
 limited -voting
common stock. Foreign investment byartificial pers ons exercising
governmental functions is not allowed.
Individual holdings of more than The
limit on individual holdings is  5 per cent
of capital stock or up to 20 per cent of
capital stock with  require prior
authorization from the Ministry of
Finance and Public Credit ( SHCP).
Effective control of  the enterprise by
the Mexican shareholders is required.
Foreign exchange firms may also carry out
this activity. Foreign investors mayhold up to 49 per cent of paid-up capitaland up to 30 per cent of non-
 limited -
voting paid-up capital.  Foreigninvestment by ar tificial persons
exercising functions of authority is notallowed.  The limit on individualholdings is 10 per cent of paid-upcapital.  Effective control of theenterprise by the Mexican shareholdersis required.
4)Unbound, except as indicated in the
horizontal section Unbound1) Unbound
2) Unbound3) None
4)Unbound, except as indicated in the
horizontal section . UnboundTN/S/O/MEX
Page 44Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
Derivative products,
including, but not limitedto,
    (CPC 81339**)1) Unbound
2) Unbound
3) Multiple banking institutions may
carry out operations with derivative
products.  Foreign investors may hold
up to 49 per cent of common stock
capital and up to 100 per cent of theadditional capital representing 40 percent of the limited- voting common
stock .  Foreign investment by artificial
persons exercising governmentalfunctions is not allowed. Individual
holdings of more than 5 per cent of
capital stock require prior
authorization from the Ministry of
Finance and Public Credit ( SHCP) .
Effective control of the enterprise bythe Mexican shareholders is required .
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) Unbound3) None
4) Unbound, except as indicated in the
horizontal section.TN/S/O/MEX
Page 45Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
Futures and options
81339**
(CPC 81339**)1) Unbound
2) Unbound
3) Multiple banking institutions may
carry out operations with futures and
options.  Foreign investors may hold
up to 49 per cent of common stock
capital and up to 100 per cent of theadditional capital representing 40 percent of limited-voting common stock.
Foreign investment by artificialpersons exercising governmentalfunctions is not allowed . Individual
holdings of more than 5 per cent of
capital stock require prior
authorization from the Ministry of
Finance and Public Credit ( SHCP) .
Effective control of the enterprise bythe Mexican shareholders is required .
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) Unbound3) None
4) Unbound, except as indicated in the
horizontal section.TN/S/O/MEX
Page 46Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
-Transferable securities
(CPC 81321*)1) Unbound
2) Unbound
3)Securities firms and securities specialists
may carry out this activity .
Foreign investors may hold up to 100 40
per cent of common stock capital and
up to 100 per cent of the additionalcapital representing 40 per cent of non-
limited- voting common stock.  Foreign
investment by ar tificial persons
exercising governmental functions is notallowed .  Individual holdings of more
than 5 per cent of capital stock
require authorization from theNational Banking and Securities
Commission (CNBV).   The limit on
individual holdings is 10 per cent ofcapital stock or up to 20 per cent ofcapital stock with authorization from the
Ministry of Finance and Public Credit
(SHCP) .  Effective control of the
enterprise by the Mexican shareholders is
required.
4)Unbound, except as indicated in the
horizontal section. Unbound1) Unbound
2) Unbound3) None
4)Unbound, except as indicated in the
horizontal section UnboundTN/S/O/MEX
Page 47Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
-Other negotiable
instruments andfinancial assets,including bullion
(CPC 81339**)1) Unbound
2) Unbound
3)Multiple banking institutions may carry
out activities involving bullion.  Foreigninvestors may hold up to 49 40 
per cent
of common stock capital and up to 100per cent of the additional capitalrepresenting 40 per cent of non-
limited- voting common stock.  Foreign
investment by ar tificial persons
exercising governmental functions is notallowed . Holdings of more than  The
limit on individual holdings is  5 per cent
of capital stock  or up to 20% of the
capital stock with  require  prior
authorization from the Ministry of
Finance and Public Credit ( SHCP ).
Effective control of  the enterprise by
the Mexican shareholders is required .
4)Unbound, except as indicated in the
horizontal section . Unbound1) Unbound
2) Unbound3) None
4)Unbound, except as indicated in the
horizontal section UnboundTN/S/O/MEX
Page 48Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
g.Participation in issues of
all kinds of securities,including underwritingand placement as agents(whether publicly orprivately) and provisionof services related to suchissues
(CPC 8132)1) Unbound
2) Unbound
3)Securities firms and securities specialists
may participate in is sues of securities
and underwriting and placement asagents . Foreign investors may hold up
to 100 40
 per cent of common stock
capital and up to 100 per cent of theadditional capital representing 40 percent of non-
 limited- voting common
stock.  Foreign investment  by artificial
persons exercising governmentalfunctions is not allowed . Individual
holdings of more than 5 per cent of
capital stock require authorizationfrom the National Banking and
Securities Commission (CNBV) .  The
limit on individual holdings is 10 percent of capital stock or up to 20 per centof capital stock with authorization fromthe Ministry of Finance and Public Credit
(SHCP) .  Effective control of the
enterprise by the Mexican shareholders is
required.
4)Unbound, except as indicated in the
horizontal section . Unbound1) Unbound
2) Unbound3) None
4)Unbound, except as indicated in the
horizontal section . UnboundTN/S/O/MEX
Page 49Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
h.Money broking
(CPC 81339**)1) Unbound
2) Unbound
3)Multiple banking institutions may carry
out this activity . Foreign investors may
hold up to 100 49 per cent of common
stock capital and up to 100 per cent ofthe additional capital representing40 per cent of non-
 limited- voting
common stock.
Foreign investment by  artificial persons
exercising governmental functions is notallowed. Holdings of more than  The
limit on individual holdings is  5 per cent
of capital stock  or up to 20% of the
capital stock with  require prior
authorization from the Ministry of
Finance and Public Credit ( SHCP ).
Effective control of  the enterprise by
the Mexican shareholders is required .
4)Unbound, except as indicated in the
horizontal section . Unbound1) Unbound
2) Unbound3) None
4)Unbound, except as indicated in the
horizontal section . UnboundTN/S/O/MEX
Page 50Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
i.Asset management, such as
cash or portfoliomanagement, all forms ofcollective investmentmanagement, pensionfund management andtrust services
(CPC 81323*)1) Unbound
2) Unbound
3)Investment companies may carry out
activities such as asset management,cash or portfolio management and allforms of collective investmentmanagement.  Foreign investors mayhold up to 100 49
 per cent of overhead
capital. Foreign invest ment by artificial
persons exercising governmentalfunctions is not allowed . The limit on
individual holdings is established by the
board of directors of each enterprise  is
10 per cent of the paid-up capital.
Effective control of the enterprise by the
Mexican shareholders is required.1) Unbound
2) Unbound3) None
Managing companies of investment
companies carry out the administrationof investment trusts.  Foreign investorsmay hold up to 100 49
 per cent of
capital stock. Foreign investment byartificial pers ons exercising
governmental functions is not allowed .
The limit on individual holdings is 10 per
cent of the paid-up capital. Effective
control of the enterprise by the Mexican
shareholders is required.TN/S/O/MEX
Page 51Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
Pension fund management companies
may carry out pension fundmanagement activ ities. Foreign
investors may hold up to 49 per cent ofcapital stock.  Foreign investment byartificial pers ons exercising
governmental functions is not allowed .
Individual holdings of more than 5 per
cent of capital stock require
authorization from the NationalSavings and Retirement System
Commission (CONSAR). The limit on
individual holdings is 10 per cent of the
paid-up capital.   Effective control of the
enterprise by the Mexican shareholdersis required .
Multiple banking institutions may
provide trust services.  Foreigninvestors may hold up to 49 40
 per cent
of common stock capital and up to 100per cent of the additional stockrepresenting 40 per cent of non-
limited- voting common stock.  Foreign
investment by ar tificial persons
exercising governmental functions is notallowed . Individual holdings of more
than  The limit on individual holdings is
 5
per cent of capital stock  or up to 20% of
the capital stock with  require prior
authorization from the Ministry of
Finance and Public Credit ( SHCP) .
Effective control of  the enterprise by
the Mexican shareholders is required .TN/S/O/MEX
Page 52Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
Securities firms may provide trust
services in business directly connectedwith their own specific activities.Foreign investors may hold up to 100
40
 per cent of common stock capital and
up to 100 per cent of the additionalstock representing 40 per cent of non-
limited- voting common stock.  Foreign
investment by ar tificial persons
exercising governmental functions is notallowed . Individual holdings of more
than 5 per cent of capital stock
require authorization from the
National Banking and Securities
Commission (CNBV).  The limit on
individual holdings is 10 per cent ofcapital stock or up to 20 per cent ofcapital stock with authorization from the
Ministry of Finance and Public Credit
(SHCP) .
Effective control of the enterprise by the
Mexican shareholders is required.
Limited-purpose financial institutions
may act as trustees of  guarantee trusts
the goods subject to which are theresult of operations inherent in theircorporate purpose. Foreign investorsmay hold up to 49 per cent of common
stock capital. Foreign investment by
artificial persons exercisinggovernmental functions is notallowed . Effective control of the
enterprise by the Mexicanshareholders is required .TN/S/O/MEX
Page 53Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
Financial institutions  may act as
trustees of  guarantee trusts the
purpose of which is to guarantee bondsin their own favour. Foreign investorsmay hold up to 49 per cent of paid-upcapital and up to 30 per cent of limited-
voting  paid-up capital . Foreign
investment by governments and
official agencies is not permitted .
Effective control of the enterprise bythe Mexican shareholders is required .
General deposit warehouses may act as
trustees of  guarantee trusts the
purpose of which is to guarantee bondsin their own favour. Foreign investorsmay hold up to 49 per cent of paid-upcapital and up to 30 per cent of limited-
voting  paid-up capital . Foreign
investment by governments and
official agencies is not permitted .
Effective control of the enterprise bythe Mexican shareholders is required
4)Unbound, except as indicated in the
horizontal section . Unbound
4)Unbound, except as indicated in the
horizontal section . UnboundTN/S/O/MEX
Page 54Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
k.Advisory and other
auxiliary financialservices, including creditreporting and analysis,investment and portfolioresearch and advice,advice on acquisitions andon corporate restructuringand strategy
 (CPC 8133)1) Unbound
2) Unbound
3)Credit reporting companies (Credit
Bureaus) may carry out credit reportingactivities.  Foreign investors may hold
up to 49 per cent of paid-up capitalstock.  Foreign inve stment by artificial
persons exercising governmentalfunctions is not allowed .
The limit on individual holdings is 30 per cent
of the paid-up capital .  Effective control
of the enterprise by the Mexicanshareholders is required .
Investment consultants may carry out
activities such as investment andportfolio analysis, research and advice,advice on acquisitions and on corporaterestructuring and strategy.  Foreigninvestors may hold up to 100 49
 per
cent of capital stock.  Foreigninvestment by ar tificial persons
exercising governmental functions is notallowed .  Effective control of the
enterprise by the Mexican shareholders is
required.1) Unbound
2) Unbound3) None
4)Unbound, except as indicated in the
horizontal section . Unbound4)Unbound, except as indicated in the
horizontal section . UnboundTN/S/O/MEX
Page 55Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
C. Other
Holding companies1) Unbound
2) Unbound
3)Foreign investors may hold up to 49 40
per cent of common stock capital and
up to 100 per cent of the additional
stock representing 40 per cent of non-
limited- voting common stock.  Foreign
investment by ar tificial persons
exercising governmental functions is notallowed . Individual holdings of more
than  The limit on individual holdings is
 5
per cent of the capital stock  or up to
20% of the capital stock with  require
prior  authorization from the Ministry of
Finance and Public Credit ( SHCP) .
Effective control of  the enterprise by
the Mexican shareholders is required .
4)Unbound, except as indicated in the
horizontal section . Unbound1) Unbound
2) Unbound
3) None
4)Unbound, except as indicated in the
horizontal section . Unbound
Guarantee institutions 1) Unbound
2) Unbound
3)Foreign investors may hold up to 49 per
cent of paid-up capital and up to 30 percent of non-voting paid-up capital.Foreign investment by governments andofficial agencies is not allowed. The
limit on individual holdings is 10 per cent
of paid-up capital or up to 20 per cent of
paid-up capital with authorization from
the SHCP.  Effective control of the
enterprise by the Mexican shareholdersis required .
4)Unbound, except as indicated in the
horizontal section . Unbound1) Unbound
2) Unbound
3) None
4)Unbound, except as indicated in the
horizontal section . UnboundTN/S/O/MEX
Page 56Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
Re-guarantee institutions 1) Foreign re-guarantee companies may
participate in re-guarantee operations.According to the applicable regulations,these institutions must register with theSHCP, which may authorize or refuseregistration.
2) Unbound1) None
2) Unbound
3)This activity may be carried out through
guarantee companies.  Foreign investorsmay hold up to 49 per cent of paid-upcapital and up to 30 per cent of non-voting paid-up capital. Foreigninvestment by governments and officialagencies is not permitted . The limit on
individual holdings is 10 per cent of the
paid-up capital or up to 20 per cent of the
paid-up capital with authorization from
the SHCP.   Effective control of the
enterprise by the Mexican shareholdersis required .
4)Unbound, except as indicated in the
horizontal section . Unbound3) None
4)Unbound, except as indicated in the
horizontal section . UnboundTN/S/O/MEX
Page 57Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
General deposit
warehouses1) Unbound
2) Unbound
3)Foreign investors may hold up to 49 per
cent of paid-up capital and up to 30 percent of non-
 limited- voting paid-up
capital .  Foreign investment by artificial
persons exercising governmentalfunctions is not allowed .  The limit on
individual holdings is 10 per cent ofpaid-up capital ; this limit may be
increased with authorization from theMinistry of Finance and Public Credit
(SHCP) . Effective control of the
enterprise by the Mexican shareholdersis required .
4)Unbound, except as indicated in the
horizontal section . Unbound1) Unbound
2) Unbound3) None
4)Unbound, except as indicated in the
horizontal section . Unbound
8. HEALTH AND SOCIAL
SERVICES
A. Private hospital services
(CPC 9311)1) Unbound*
2) None3)None  Foreign investment of up to 49 per
cent of the registered capital of
enterprises.
4) Unbound, except as indicated in the
horizontal section.1) Unbound*
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
B. Other human health services
- Private services of
clinical laboratoriesauxiliary to medical
diagnosis (CPC
93199)1) Unbound
2) None
3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None
3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
Page 58Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
- Other private services
auxiliary to medicaltreatment
(CPC 93191)1) Unbound
2) None3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.1) Unbound
2) None3) None
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the horizontal
section.
- Dental prosthesis
laboratory services
(CPC 93123)1) Unbound
2) None3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.
4) Unbound, except as indicated in the
horizontal section1) Unbound
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
9. TOURISM AND TRAVEL-
RELATED SERVICES
A. Hotel and restaurant
services
-H o t e l  s e r v i c e s
(CPC 6411)1) Unbound*
2) None1) Unbound*
2) None
3) Foreign investment of up to 100 per cent
of the registered capital of enterprises. It
is necessary to hold a licence issued by
the Ministry of Tourism (SECTUR) and
A permit from the competent authority(federal, State or municipal) is required toengage in the activity.
4) Unbound, except as indicated in the
horizontal section.3) None
4) Unbound, except as indicated in the horizontal
section.
-M o t e l  s e r v i c e s
(CPC 6412)1) Unbound*
2) None1) Unbound*
2) NoneTN/S/O/MEX
Page 59Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
3) Foreign investment of up to 100 per cent
of the registered capital of enterprises. It
is necessary to hold a licence issued by
the Ministry of Tourism (SECTUR) and
A permit from the competent authority(federal, State or municipal) is required to
engage in the activity.
4) Unbound, except as indicated in the
horizontal section.3) None
4) Unbound, except as indicated in the horizontal
section.
- Board and lodging in
guest houses and
furnished
accommodation
(CPC 64192 and 64193)1) Unbound*
2) None
3) Foreign investment of up to 100 per cent
of the registered capital of enterprises. It
is necessary to hold a licence issued by
the Ministry of Tourism (SECTUR) and
A permit from the competent authority
(federal, State or municipal) is required to
engage in the activity.1) Unbound*
2) None
3) None
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the horizontal
section.
-Y o u t h  h o s t e l s  a n d
temporary camping
facilities
(CPC 64194)1) Unbound*
2) None
3) Foreign investment of up to 100 per cent
of the registered capital of enterprises. It
is necessary to hold a licence issued by
the Ministry of Tourism (SECTUR) and
A permit from the competent authority
(federal, State or municipal) is required to
engage in the activity.1) Unbound*
2) None
3) None
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
Page 60Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
- Camping facilities for
mobile homes (trailerparks)(CPC 64195)1) Unbound*
2) None3) Foreign investment of up to 100 per cent
of the registered capital of enterprises. It
is necessary to hold a licence issued by
the Ministry of Tourism (SECTUR) and
A permit from the competent authority(federal, State or municipal) is required toengage in the activity.
4) Unbound, except as indicated in the
horizontal section.1) Unbound*
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
- Restaurant services
(CPC 642)1) None
2) None
3) Foreign investment of up to 49  100 per
cent of the registered capital ofenterprises. It is necessary to hold a
licence issued by the Ministry of Tourism
(SECTUR) and  A permit from the
competent authority (federal, State ormunicipal) is required to engage in theactivity
4) Unbound, except as indicated in the
horizontal section.1) None
2) None
3) None
4) Unbound, except as indicated in the horizontal
section.
- Cabarets and
night-clubs(CPC 6432)1) Unbound*
2) None1) Unbound*
2) None
3) Foreign investment of up to 49  100 per
cent of the registered capital ofenterprises. It is necessary to hold a
licence issued by the Ministry of Tourism
(SECTUR) and  A permit from the
competent authority (federal, State ormunicipal) is required to engage in theactivity
4) Unbound, except as indicated in the
horizontal section.3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
Page 61Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
Canteens, bars and 
taverns (CPC 6431)1) Unbound*
2) None3) Foreign investment of up to 49
 100 per
cent of the registered capital ofenterprises. It is necessary to hold a
licence issued by the Ministry of Tourism
(SECTUR) and  A permit from the
competent authority (federal, State ormunicipal) is required to engage in theactivity
4) Unbound, except as indicated in the
horizontal section.1) Unbound*
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
B. Travel agency and tour
operator services
(CPC 7471)1) Unbound
2) None
3) Foreign investment of up to 100 per cent
of the registered capital of enterprises. It
is necessary to hold a licence issued by
the Ministry of Tourism (SECTUR) and
A permit from the competent authority(federal, State or municipal) is required toengage in the activity.1) Unbound
2) None
3) None
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the horizontal
section.
C. Tourist guide services
         (CPC 7472)1) Unbound
2) None1) Unbound
2) None
3) Foreign investment of up to 100 per cent
of the registered capital of enterprises. It
is necessary to hold a licence issued by
the Ministry of Tourism (SECTUR) and
A permit from the competent authority(federal, State or municipal) is required toengage in the activity.
4) Unbound, except as indicated in the
horizontal section.3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
Page 62Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
D. Other
- (Spa services) (CPC 97029)
Includes only:
PRIVATE SERVICES INCOMMUNITY ,
RECREATIONAL AND
SPORTING CENTRES(plus services provided by andrelating to sports clubs,gymnasiums, health andseaside resorts, swimming
pools, sports grounds,
billiards, bowling, equitationand cycling)
Excludes boat rental.1) None
2) None3) None4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None4) Unbound, except as indicated in the
horizontal section.
Caterer services, providing
meals to outside (CPC 6423)1) Unbound*
2) None3) None4) Unbound, except as indicated in the
horizontal section.1) Unbound*
2) None3) None4) Unbound, except as indicated in the
horizontal section.
Beverage-serving serviceswith entertainment
 (CPC
6432)1) Unbound*
2) None3) None4) Unbound, except as indicated in the
horizontal section.1) Unbound*
2) None3) None4) Unbound, except as indicated in the
horizontal section.
Beverage-serving serviceswithout entertainment
 (CPC
6431)1) Unbound*
2) None3) None4) Unbound, except as indicated in the
horizontal section.1) Unbound*
2) None3) None4) Unbound, except as indicated in the
horizontal section.TN/S/O/MEX
Page 63Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
10. RECREATIONAL,
CULTURAL AND
SPORTING
SERVICES (other
than audiovisual
services)
A. Entertainment services
(including theatre, live bandsand circus services)(CPC 9619)1) Unbound*
2) None
3) None4) Unbound, except as indicated in the
horizontal section.1) Unbound *
2) None
3) None4) Unbound, except as indicated in the
horizontal section.
B. News agency services
(CPC 962)1) None
2) None
3) None4) Unbound, except as indicated in the
horizontal section.1) None
2) None
3) None4) Unbound, except as indicated in the
horizontal section.
C. Libraries, archives,
museums and other cultural
services (CPC 963)1) None2) None3) None4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None4) Unbound, except as indicated in the
horizontal section.
D. Sporting and other
recreational services  (CPC
964)1) Unbound
2) None
3) None4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None
3) None4) Unbound, except as indicated in the
horizontal section.
Sports event promotionservices (CPC 96411)1) Unbound
2) None3) None4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None3) None4) Unbound, except as indicated in the
horizontal section.TN/S/O/MEX
Page 64Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
Sports event organisation
services (CPC 96412) 1) Unbound
2) None3) None4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None3) None4) Unbound, except as indicated in the
horizontal section.
Sports facility operationservices (CPC 96413)1) Unbound
2) None3) None4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None3) None4) Unbound, except as indicated in the
horizontal section
11. TRANSPORT SERVICES
C. Air transport services
e) Supporting services for air
transport
- Airport and heliport
administration
services
(CPC 746)1) Unbound
2) None
3) Direct or indirect foreign equity
participation in excess of 49 per cent
requires prior authorization from theForeign Investment Commission
(CNIE). Foreign investment only up to
30 per cent of the registered capital of
enterprises.   A concession from the
Ministry of Communications andTransport (SCT) is required to operate anairport.1) Unbound
2) None
3) Mexicans have priority over foreigners for
concession-granting purposes, other thingsbeing equal.  A concession representsdiscretional authorization by the competentauthorities for the provision of a public
service.  Neither the concession nor the rights
conferred thereby may be transferred,mortgaged, encumbered or alienated to anyforeign government or State, nor may thelatter be admitted as a partner in theenterprise holding the concession.
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
Page 65Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
E. Rail transport services
c.   Pushing and towing
services  (CPC 7113)1) Unbound
2) None3) Direct or indirect foreign equity
participation in excess of 49 per centrequires prior authorization from the
Foreign Investment Commission
(CNIE).
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) None3) Direct or indirect foreign equity
participation in excess of 49 per centrequires prior authorization from the
Foreign Investment Commission (CNIE).
4) Unbound, except as indicated in the
horizontal section.
e.    Supporting services for
rail transport services
(CPC 743)1) Unbound *
2) None
3) Direct or indirect foreign equity
participation in excess of 49 per centrequires prior authorization from theForeign Investment Commission
(CNIE).
4) Unbound, except as indicated in the
horizontal section.1) Unbound *
2) None
3) Direct or indirect foreign equity
participation in excess of 49 per centrequires prior authorization from theForeign Investment Commission (CNIE).
4) Unbound, except as indicated in the
horizontal section.
F. Road transport services
d) Maintenance and repair of
road transport equipment
- Motor vehicle
maintenance and
repair services
(CPC 6112 and 8867)1) None
2) None
3) None  Foreign investment up to 49 per cent
of the registered capital of enterprises.1) None
2) None
3) None
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the horizontal
section.
H. Services auxiliary to all
modes of transport:TN/S/O/MEX
Page 66Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
- Supporting services for
air transport
(CPC 746)1) None
2) None1) None
2) None
3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.  TheMinistry of Communications andTransport (SCT) is responsible for
controlling air traffic and meteorological,
aeronautical telecommunications and airnavigation assistance services.3) Neither the concession nor the rights conferred
thereby may be transferred, mortgaged,encumbered or alienated to any foreigngovernment or State, nor may the latter be
admitted as a partner in the enterprise holding
the concession.
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the horizontal
section.
- Weighbridge services
for transport purposes
(CPC 7490)1) None
2) None1) None
2) None
3) Foreign investment only up to 49 per cent
of the registered capital of enterprises. A
concession issued by the Ministry of
Communications and Transport (SCT) isrequired to provide these services and theprior authorization of the Ministry ofForeign Affairs (SRE) is needed to enableenterprises with foreign participation to
obtain such a concession.3) Mexicans have priority over foreigners for
concession-granting purposes, other things
being equal.  A concession represents
discretional authorization by the competentauthorities for the provision of a publicservice.  Neither the concession nor the rightsconferred thereby may be transferred,mortgaged, encumbered or alienated to any
foreign government or State, nor may the
latter be admitted as a partner in theenterprise holding the concession.
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the horizontal
section.
I. Other transport services
- Tramway transport
(CPC 71211)1) Unbound*
2) None1) Unbound*
2) NoneTN/S/O/MEX
Page 67Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.  Stateand municipal authorities are responsiblefor granting concessions for theseservices.3) Mexicans have priority over foreigners for
concession-granting purposes, other thingsbeing equal.  A concession representsdiscretional authorization by the competentauthorities for the provision of a publicservice.  Neither the concession nor the rights
conferred thereby may be transferred,
mortgaged, encumbered or alienated to anyforeign government or State, nor may thelatter be admitted as a partner in theenterprise holding the concession.
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the horizontal
section.
- Subway transport
(CPC 71211)1) Unbound*
2) None1) Unbound*
2) None
3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.  State
and municipal authorities are responsible
for granting concessions for theseservices.3) Mexicans have priority over foreigners for
concession-granting purposes, other things
being equal.  A concession represents
discretional authorization by the competentauthorities for the provision of a publicservice.  Neither the concession nor the rightsconferred thereby may be transferred,mortgaged, encumbered or alienated to any
foreign government or State, nor may the
latter be admitted as a partner in theenterprise holding the concession.
4) Unbound, except as indicated in the
horizontal section .4) Unbound, except as indicated in the
horizontal section.
12. OTHER SERVICES
- Repair of footwear and
other articles ofleather and skins
(CPC 63301)1) None
2) None3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/MEX
Page 68Modes of supply:  1) Cross-border supply 2)  Consumption abroad 3)  Commercial presence  4)  Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatmentAdditional
commitments
- Repair of electronic
appliances mainly forhousehold use
(CPC 63302)1) None
2) None3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
- Repair of clocks,
watches and jewellery
(CPC 63303)1) None
2) None3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
- Repair and cleaning of
headgear
(CPC 63304)1) None
2) None3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
- Bicycle repair
(CPC 63309)1) None
2) None3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
- Locksmiths' trade
(CPC 63309)1) None
2) None
3) Foreign investment of up to 49 per cent of
the registered capital of enterprises.  Stateand municipal authorities are responsiblefor granting concessions for theseservices.
4) Unbound, except as indicated in the
horizontal section.1) None
2) None
3) None
4) Unbound, except as indicated in the horizontal
section.
* Unbound due to lack of technical feasibility .TN/S/O/MEX
Page 69MARITIME TRANSPORT
Modes of supply :   1)  Cross-border supply   2)   Consumption abroad       3)    Commercial presence      4)    Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatment Additional
commitments
11. TRANSPORT
SERVICES
A. Maritime transport
services
International transport
(freight and passengers)
CPC 7211 and 7212, less
cabotage transport (seedefinition in Annex II)1) Scheduled, bulk,  tramp and other
international maritime transport,including passenger transport.
7
Specific international deep-sea
transport may be reserved wholly or
partly for shipping companies whichare Mexican, or recognized as such,when the principles of freecompetition are not observed and the
national economy is affected.1) Transport charges will be treated as part
of exports of motor vehicles and motorvehicle parts when these are carried invessels belonging to Mexican companies.Transport charges will not be treated as
part of imports of motor vehicles and
motor vehicle parts when these arecarried in vessels be longing to Mexican
companies. These requirements will beabolished in 2004.See Annex I on
AdditionalCommitments
2) None 2) None
3) Foreign investment in excess of 49 per
cent of the equity of shippingcompanies operating vessels exclusivelyas deep-sea traffic requires prior
authorization from the Foreign
Investment Commission (CNIE).
4) Unbound, except as indicated in the
horizontal section.3) None
4) Unbound, except as indicated in the
horizontal section.
                                                     
7 In accordance with Mexican legislation, foreign-flag vessels may provide international maritime transport in Mexico when there  is reciprocity on the part of the vessel's
country of registration. Provided that the negotiations reach a satisfactory conclusion in this respect, Mexico will not includ e this legislative requirement in its list of most-favoured-nation
exemptions.TN/S/O/MEX
Page 70Modes of supply :   1)  Cross-border supply   2)   Consumption abroad       3)    Commercial presence      4)    Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatment Additional
commitments
AUXILIARY
SERVICES
Maritime cargohandling services (seedefinition in Annex II)1) Unbound
*
2) None
3) Foreign equity participation may not
exceed 49 per cent.1) Unbound *
2) None3) None
4) Unbound, except as indicated in the
horizontal section.Unbound, except as indicated in the horizontal
section.
Storage andwarehousing services,except general bondedwarehouses (CPC 742)(see definition inAnnex II)1) Unbound*
2) None3) Foreign equity participation may not
exceed 49 per cent.
4) Unbound, except as indicated in the
horizontal section.1) Unbound*
2) None3) None
4)      Unbound, except as indicated in the
horizontal section.
Container station anddepot services (seedefinition in Annex II)1) Unbound*
2) None3) Foreign equity participation may not
exceed 49 per cent.1) Unbound*
2) None3) None
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the
horizontal section.
Maritime agency
services (see definition inAnnex II)1) Unbound
2) None3) Foreign equity participation may not
exceed 49 per cent.1) Unbound
2) None3) None
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the
horizontal section.
Maritime freight-forwarding services (see
definition in Annex II)1) Unbound
2) None
3) Foreign equity participation may not
exceed 49 per cent.1) Unbound
2) None
3) None
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the
horizontal section.
                                                     
* Unbound because not technically feasible.TN/S/O/MEX
Page 71Modes of supply :   1)  Cross-border supply   2)   Consumption abroad       3)    Commercial presence      4)    Presence of natural persons
Sector or subsector Limitations on market access Limitations on national treatment Additional
commitments
Vessel maintenance and
repair (see definition inAnnex II)1) Unbound
 *
2) None
3) Foreign equity participation may not
exceed 49 per cent.1) Unbound *
2) None3) None
4) Unbound, except as indicated in the
horizontal section.4) Unbound, except as indicated in the
horizontal section.
                                                     
* Unbound due to lack of technical feasibility.TN/S/O/MEX
Page 72 ANNEX I
ADDITIONAL COMMITMENTS
A. ACCESS TO AND USE OF PORT INSTALLATIONS
The following port services  are available to suppliers of in ternational maritime transport serv ices on reasonable and non-discr iminatory terms
and conditions:
1. Pilotage services.
2. Towing services.
3. Provisioning, fuelling and watering.
4. Garbage collection and ballast waste disposal services.
In commercial ports, no ballast waste disp osal services are provided.  These servi ces are provided by th e oil handling installa tions of Pemex
(Petróleos Mexicanos).
5. Port captain's services.
6. Navigation aids.
7. Shore-based operational services essential to ship operations, including communications and electrical supplies.
8. Emergency repair facilities.
9. Anchorage services.
Areas have been set aside outside national ports as anchorages.
B. MULTIMODAL OPERATIONS
Where road, rail, inland waterway and auxiliary transport services  are not otherwise fully covered in this schedule, a multimod al transport
operator, authorized by  the Ministry of Communications and Transport, shall be authorized to conclude  contracts for land transp ort in trucks,
railway wagons and related equipment for riv er freight transport purposes.  These serv ices will be provided on reasonable and n on-
discriminatory terms and conditions for the purpose of carrying out multimodal transport operations.  "Reasonable and non-discr iminatory
terms and conditions" means, for the purpose of multimodal tran sport operations, the ability of the multimodal transport operat or to arrange for
the conveyance of its merchandise on a timely basis, including priority over oth er merchandise which has entered the port at a later date.  Foreign
investment and market access commitments on a cross-border basis are not included.TN/S/O/MEX
Page 73ANNEX II
NOTE TO THE SCHEDULE
Where road, rail, inland waterway and auxiliary transport services are not otherwise fully covered in this schedule, a multimod al
transport operator, authorized by the Minist ry of Communications and Transport, shall be authorized to conclude contracts for l and
transport in trucks, railway wagons and related equipment for rive r freight transport purposes.  These services will be provide d on
reasonable and non-discriminatory terms and conditions for the purpose of carrying out multimodal transport operations.  "Reaso nable
and non-discriminatory terms and conditions" means, for the purpose of multimodal transport operations, the ability of the mult imodal
transport operator to arrange for the conve yance of its merchandise on a timely basis,  including priority over other merchandis e which
has entered the port at a later date.  Foreign investment and market access commitments on a cross-border basis are not include d.
DEFINITIONS
1. Without prejudice to the scope of activities which may be co nsidered as "cabotage" under the relevant national legislation, t his
schedule does not include "maritime cabotage services", which a re assumed to cover transportation of passengers or goods betwee n
ports located in Mexican territory and traffic originating and terminating in the same port located in Mexican territory provid ed
that this traffic remains within Mexico's territorial waters.
2. "Multimodal transport operator" means the person on whose beha lf the bill of lading/multimodal transport document, or any
other document evidencing a multimodal goods carriage contract, is issued and who is responsible for carriage of the goods
pursuant to the contract of carriage.
3. "Maritime cargo handling services" means activities exercised by  stevedore companies, including terminal operators, but not
including the direct activities of dockers when this workforce is organized independent ly of the stevedoring or terminal operat or
companies.  The activities covered include the organization and supervision of:
- The loading/discharging of cargo onto/from a ship;
- the lashing/unlashing of cargo;
- the reception/delivery and safekeeping of cargo before shipment and after discharge.
4. "Storage and warehousing services" means the safekeeping of merchandise in warehous es, yards or sheds within the port precinc ts.TN/S/O/MEX
Page 745. "Container station and depot services" means the storage of cont ainers, whether in port areas or inland, with a view to their
stuffing, stripping or repair and making them available for shipments.
6. "Maritime agency services" means the representation, within a give n geographic area and as an agent, of the business interest s of
one or more shipping lines or shipping  companies, for the following purposes:
- Marketing and selling maritime transport and related services, fr om quotation to invoicing, and issuing bills of lading on beh alf of
companies, acquiring and reselling the necessary related servic es, preparing documentation and furnishing business information;
- acting on behalf of the companies organizing the ship’s ports of call or taking over cargo as and when required.
7. "Freight-forwarding services" means the organization and monitoring  of shipment operations on behalf of shippers, through the
acquisition of transport and related services, preparation of documentation and provision of business information.
8. "Vessel maintenance and repair" means all vessel repair and maintena nce work carried out in dock.TN/S/O/MEX
Page 75MEXICO - FINAL LIST OF ARTICLE II (MFN) EXEMPTIONS
Sector or subsector Description of measure
indicating its inconsistency with
Article IICountries to which the measure
appliesIntended duration Conditions creating  the need for
the exemption
Tourism. RoadTransport (Passenger)The supply of road transport
services by foreign suppliers intoand across Mexico is limited tovehicles registered in the countries
indicated in Column (3).United States of America Indefinite Convention aimed at facilitating the
access of tourists from the UnitedStates of America to Mexico whensuch tourism is carried out by road
transport.
Tourism. Business
ConventionsBilateral Agreement for the
granting of tax deductions toindividuals attending businessconventions in the territories of theparties.United States of America Indefinite Individuals attending business
conventions receive a preferentialdeduction for expenses incurred inthe territories of the parties.TN/S/O/MEX
Page 76
REFERENCE PAPER
Scope
The following are definitions and principles relating to the regulatory framework for basic
telecommunications services.
Definitions
Users mean service consumers and service suppliers.
Essential fac ilities mean facilitie s of a public telecommunications tr ansport 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 tec hnically 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 f acilities and co mmercially rele vant information which are
necessary for them to provide services.TN/S/O/MEX
Page 77
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 areundertaken.
2.2 Interconnection to be ensured
Interconnection with a major supplier shall be ensured at any technically feasible point in the
network.  Such interconnection shall be provided:
(a) under non-discriminatory terms, conditi ons (including techni cal 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 itssubsidiaries 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 regardto economic feas ibility, and sufficiently unbundled so that the supplier need not pay
for network components or facilities that it does not require for the service to beprovided;  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 necessaryadditional facilities.
2.3 Public availability of the procedures for interconnection negotiations
The procedures applicable for interconnection to a major supplier shall be made publicly
available.
2.4 Transparency of interconnection arrangements
A major supplier shall make either its interconnection agreements or a reference
interconnection offer publicly available.
2.5 Interconnection:  Dispute settlement
A service supplier requesting interconnection with a major supplier shall 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.TN/S/O/MEX
Page 78
3. Universal service
Any Member has the right to define the kind of universal service obligation it wishes to
maintain.  Such obligations shall not be regarded as anti-competitive per se , provided that they are
administered in a transparent, non-discriminatory and competitiv ely 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 shall 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 shall 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 beimpartial 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, shall be carried out in an objective, timely, transparent and non-discriminatorymanner. The current state of allocated frequency bands shall be made publicly available, but detailedidentification of frequencies allocated for specific government uses is not required.
__________