RESTRICTED  WORLD TRADE  
ORGANIZATION  WT/ACC/SPEC/ARM/2/Rev.2 
14 June 1999 
 (99-2385) 
Working Party on the 
Accession of Armenia Original:   English 
 
 
ACCESSION OF ARMENIA 
 
Initial Offer on Services  
 
Revision  
 
 The Ministry of Industry and Trade of the Re public of Armenia has submitted a revised draft 
schedule of specific commitments in services which is reproduced hereunder. 
 
_______________ 
  WT/ACC/SPEC/ARM/2/Rev.2 
Page 2 Armenia: Schedule of Specific Commitments Under GATS  
 
Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
1.  HORIZONTAL COMMITMENTS 
ALL SECTORS INCLUDED IN 
THIS SCHEDULE 
 Movement of  natural persons  
4) Unbound, except for the following 
categories of natural persons: 
i)  Temporary presence of 
intracorporate transferees occupying senior managerial, executive, technical, 
or specialist positions in enterprises
•, 
established in Armenia or providing 
services through a branch, subsidiary, or affiliate established in Armenia. Enterprises established in Armenia or 
providing services through a branch, 
subsidiary, or affiliate established in Armenia must be prepared upon request to certify the qualifications of their transferees seeking entry.  Entry will be granted for an initial period of up to 
three years, and may be renewed for 
successive periods.  Land ownership
 
3) 4) Foreign natural persons may not 
own land.  Natural persons who are 
Armenian citizens are entitled to own land.  All juridical persons, whether foreign or Armenian, may own land.  
Subsidies
 
1) 2) 3) 4) Unbound with respect to subsidies. Only legal entities constituted under Armenian legislation are eligible for subsidization, irrespective of their 
capital ownership.  
                                                      
• State registration  
All juridical and natural persons supplying services on a commercia l basis within the territory of Armenia must be registered w ith the appropriate authorities. The registration 
procedure is non-discriminative.   WT/ACC/SPEC/ARM/2/Rev.2
 Page 3Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
 ii)  Temporary presence of individual 
service suppliers in the business service 
sectors inscribed in the schedule, 
subject to possession of the necessary professional qualifications, as established by the relevant authorities or 
professional bodies
•.  Entry will be 
granted for an initial period of up to 
three years, and may be renewed for successive periods.   
 iii)  Temporary presence of persons 
responsible for setting up of a commercial presence. Entry will be granted for a period of up to three 
months to persons who as employees of 
an enterprise not having commercial presence in Armenia, stay temporarily in Armenia for the purpose of establishing a branch, subsidiary, or affiliate of that enterprise in Armenia, 
subject to availability of invitation from 
Armenian natural or juridical persons and provided that they are not engaged in supplying services on a commercial basis or making direct sales to the 
general public within the territory of 
Armenia   
                                                      
• State registration  
All juridical and natural persons supplying services on a commercia l basis within the territory of Armenia must be registered w ith the appropriate authorities. The registration 
procedure is non-discriminative.  WT/ACC/SPEC/ARM/2/Rev.2 
Page 4 Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
 iv)  Temporary presence of persons who 
are employees of an enterprise not 
having commercial presence in 
Armenia, which has concluded a service contract with an enterprise engaged in substantive business in Armenia and who provide a service in Armenia as a professional on behalf of the enterprise 
outside Armenia in the business service 
sectors inscribed in the schedule, subject to possession of the necessary professional qualifications, as established by the relevant authorities or 
professional bodies and to availability 
of invitation from an enterprise engaged in substantive business in Armenia and provided that they are not engaged in supplying  services or making direct 
sales to the general public within the 
territory of Armenia outside the scope of the initial service contract.  Entry will be granted for an initial period of up to three months, and may be renewed for successive periods.     WT/ACC/SPEC/ARM/2/Rev.2
 Page 5Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
 v)  Temporary presence of service 
sellers. Entry will be granted for a 
period of up to three months to persons 
who employed or mandated by an enterprise and who stay temporarily in Armenia in order to conclude the contract for the sale of a service on behalf of the enterprise  which employs 
them or mandated them, subject to 
availability of invitation from an enterprise engaged in business in Armenia and provided that they are not engaged in supplying  services or 
making direct sales to the general public 
within the territory of Armenia.       WT/ACC/SPEC/ARM/2/Rev.2 
Page 6  
Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
II. SECTOR SPECIFIC COMMITMENTS 
1. BUSINESS SERVICES 
A. Professional Services 
(a)  Legal services (CPC 861) 
 (1) None, except for drafting of 
legislative documents 
(2)  None (3) None, except for notarizing services, which are reserved to state (4) Unbound, except as indicated in the 
horizontal section. (1) None, except for drafting of legal 
documents 
(2)  None (3) None, except for notarizing services, which are reserved to state  (4)  Unbound, except as indicated in the 
horizontal section.  
(b)  Accounting service  
(CPC 862)  
 (1) None 
(2) None 
(3) None 
(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)  Auditing service (CPC 862) 
 (1) None 
(2) None (3) Enterprises must be sole proprietorships or partnerships   (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)  Book-keeping services  
(CPC 862) 
 (1) None. 
(2) None. 
(3) None.  
(4) Unbound, except as indicated in the horizontal section.  (1) None. 
(2) None. 
(3) None.  
(4) Unbound, except as indicated in the horizontal section.   
(c)  Taxation services (CPC 863) 
 (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the horizontal section. (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the horizontal section.    WT/ACC/SPEC/ARM/2/Rev.2
 Page 7Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
(d)  Architectural services  
(CPC 8671) 
 (1) None. 
(2) None. 
(3) None. 
(4)  Unbound, except as indicated in the 
horizontal section. (1) None. 
(2) None. 
(3) None. 
(4) Unbound, except as indicated in the horizontal section.  
(e)  Engineering services  
(CPC 8672)  (1) None. 
(2) None. (3) None. (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)  Integrated engineering 
services  (CPC 8673) 
 (1) None. 
(2) None. (3) None. 
(4)  Unbound, except as indicated in the 
horizontal section. (1) None. 
(2) None. (3) None. 
(4) Unbound, except as indicated in the 
horizontal section.  
(g)  Urban planning and 
landscape architectural services 
(CPC 8674)  (1) None. 
(2) None. 
(3) None. (4)  Unbound, except as indicated in the 
horizontal section. (1) None. 
(2) None. 
(3) None. (4) Unbound, except as indicated in the horizontal section.  
(h)  Medical and dental services  
(CPC 9312)  (1) None 
(2) None (3) None (4)  Unbound, except as indicated in the 
horizontal section. (1) None 
(2) None (3) None (4) Unbound, except as indicated in the 
horizontal section.  
(i) Veterinary services (CPC 932) (1) None 
(2) None 
(3) None (4)  Unbound, except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None (4)  Unbound, except as indicated in the 
horizontal section.  
 
    WT/ACC/SPEC/ARM/2/Rev.2 
Page 8 Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
B. Computer and Related Services 
(a) Consultancy services related 
to installation of computer hardware (CPC 841)  (1) None 
(2) None (3) None (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) Software implementation 
services (CPC 842) 
 (1) None 
(2) None 
(3) None 
Unbound, except as indicated in the horizontal section. (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section.  
 (c) Data processing services 
(CPC 843)  (1) None. 
(2) None. (3)  None. 
(4)  Unbound, except as indicated in the 
horizontal section. (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the horizontal section.  
Data base services (CPC 844) 
 (1) None. 
(2) None. 
(5)  None. 
(6)  Unbound, except as indicated in the 
horizontal section. (1) None. 
(2) None. 
(3) None. 
(4) Unbound, except as indicated in the horizontal section.  
(e) Maintenance and repair 
services of office machinery and equipment including computers (CPC 845)  (1) None. 
(2) None. (7)  None. 
(8)  Unbound, except as indicated in the 
horizontal section. (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the horizontal section.  
Other computer services, 
including data preparation services  
(CPC 849) 
 (1) None. 
(2) None. (3) None. 
(4) Unbound, except as indicated in the 
horizontal section. (1) None. 
(2) None. (3) None. 
(4) Unbound, except as indicated in the 
horizontal section.  
 
 
   WT/ACC/SPEC/ARM/2/Rev.2
 Page 9Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
C.  Research and Development Services 
Research and development 
services (CPC 851-853)  (1) None 
(2) None (3) None (4) Unbound, except as indicated in the 
horizontal section. (1) None 
(2) None (3) None (4) Unbound, except as indicated in the 
horizontal section.  
D. Real Estate Services 
(a) Involving own or leased 
property (CPC 821)  (1) Unbound * 
(2) None (3) None 
(4)  Unbound, except as indicated in the 
horizontal section. (1) Unbound * 
(2) None (3) None 
(4) Unbound, except as indicated in the 
horizontal section.  
(b) On a fee or contract basis     
(CPC 822) 
 (1) Unbound * 
(2) None 
(3) None (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. Rental/ Leasing Services without operators 
(b) Relating to aircraft (CPC 
83104)  (1) None 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section. (1) None 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section.  
(c) Relating to other transport 
equipment (CPC 83101+83102)  (1) None 
(2) None (3) None 
(4)  Unbound, except as indicated in the 
horizontal section. (1) None 
(2) None (3) None 
(4) Unbound, except as indicated in the 
horizontal section.  
(c) Relating to other machinery 
and equipment (CPC 83106 - 
83109)  (1) None 
(2) None 
(3) None Unbound, except as indicated in the horizontal section. (1) None 
(2) None 
(3) None (4) Unbound, except as indicated in the horizontal section.   WT/ACC/SPEC/ARM/2/Rev.2 
Page 10 Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
F. Other Business Services 
(a)  Advertising services  
(CPC 871)  (1) None 
(2) None (3) None (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 and public 
opinion polling services  
( CPC 864) 
 (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section. (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section.  
(c)  Management consulting 
services (CPC 865)  (1) None 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section. (1) None 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section.  
(d)  Services related to 
management consulting  
(CPC 866) 
 (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section. (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section.  
(e) Technical testing and analysis 
services (CPC 8676) (1)  Unbound 
(2)  None (3) Technical testing and analysis service suppliers should be legal entities constituted under Armenian 
legislation 
(4) Unbound, except as indicated in the horizontal section. (1) Unbound 
(2) None (3) None    
 
(4) Unbound, except as indicated in the horizontal section.  
 (i)  Consulting services 
incidental to manufacturing  (CPC 884+885)  (1) None 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section. (1) None 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section.    WT/ACC/SPEC/ARM/2/Rev.2
 Page 11Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
(n)  Maintenance and repair of 
equipment (not including 
maritime vessels, aircraft or other 
transport equipment)  (CPC 633+8861-8866) (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section. (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section.  
(r)  Printing, publishing  
(CPC 88442)  (1) None 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section. (1) None 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section.  
(s)  Convention services  
(CPC 87909)  (1) None 
(2) None (3) None 
(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 and interpretation 
services (CPC 87905) (1) None 
(2) None 
(3) None (4) Unbound, except as indicated in the horizontal section. (1) None 
(2) None 
(3) None (4) Unbound, except as indicated in the horizontal section.   WT/ACC/SPEC/ARM/2/Rev.2 
Page 12  
Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
2. COMMUNICATION SERVICES 
ALL SERVICES INCLUDED 
IN THIS SECTOR  
   If, e.g. based on an international 
financial project, any condition  relating to market access or 
national treatment is altered and 
results in a more liberal access, Armenia will modify its commitments under this Schedule and incorporate the 
new conditions immediately. 
B.   Courier services (CPC 7512) 
 (1) None 
(2) None 
(3) None 
(4)  Unbound, except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section.  
C.  Telecommunications Services 
(a) International, domestic long 
distance and local basic 
telephone services, wire based and radio based, facility based and on a resale basis. (CPC 7521) (1) Unbound until 2013, none as of 
01.01.2014. 
(2) None (3)  Subject to licensing that may include 
conditions relating to the development of infrastructure.  Monopoly rights until 2013, none as of 01.01.2014. 
(4) Unbound, except as indicated in the 
horizontal section. (1) Unbound until 2013, none as of 
01.01.2014.  
(2) None 
(3)  None    
 
(4) Unbound, except as indicated in the horizontal section.  Upon expiration of monopoly 
rights in 2013 Armenia will 
undertake additional commitments according to regulatory conditions contained in the attached Reference Paper, all parts of which will be equally 
binding.    WT/ACC/SPEC/ARM/2/Rev.2
 Page 13Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
International, domestic long 
distance and local: (b) facility 
based packet- and circuit-
switched data transmission services, and (f) facility based facsimile services. (CPC 7523**, CPC 7521**)  (1) Unbound until 2013, none as of 
01.01.2014. 
(2)  None 
(3)  Subject to licensing that may include 
conditions relating to the development of infrastructure.  Monopoly rights until 2013, none as of 01.01.2014. 
(4)  Unbound, except as indicated in the 
horizontal section.  (1) Unbound until 2013, none as of 
01.01.2014.  
(2) None 
(3)  None    
 
(4)  Unbound, except as indicated in the 
horizontal section.  Upon expiration of monopoly 
rights in 2013 Armenia will 
undertake additional 
commitments according to regulatory conditions contained in the attached Reference Paper, all parts of which will be equally binding.  
International, domestic long distance and local: (b) packet- and circuit-switched data transmission services on a resale basis;  (f) facsimile services on a resale basis.  (CPC 7523**, CPC 
7521**) (1)  None 
(2)  None (3)  None 
(4)  Unbound, except as indicated in the 
horizontal section.  (1) None. 
(2) None. (3) None. (4) Unbound, except as indicated in the horizontal section.  Upon expiration of monopoly 
rights in 2013 Armenia will undertake additional commitments according to regulatory conditions contained in the attached Reference Paper, 
all parts of which will be equally 
binding.   
(d), (e) International, domestic long distance and local telex and telegraph services, facility based and on a resale basis. (CPC 7522+7523**) 
 (1) Unbound until 2013, none as of 
01.01.2014.  (2) None 
(3)  None  
(4)  Unbound, except as indicated in the 
horizontal section. (1) Unbound until 2013, none as of 
01.01.2014.  (2) None 
(3)  None (4) Unbound, except as indicated in the 
horizontal section.  Upon expiration of monopoly 
rights in 2013 Armenia will undertake additional commitments according to regulatory conditions contained 
in the attached Reference Paper, 
all parts of which will be equally binding.    WT/ACC/SPEC/ARM/2/Rev.2 
Page 14 Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
(g) Private leased circuit services 
(CPC 7522**+CPC 7523**) (1) None 
(2)  None 
(3)  None 
(4) Unbound, except as indicated in the horizontal section.  (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section. Upon expiration of monopoly 
rights in 2013 Armenia will 
undertake additional 
commitments according to regulatory conditions contained in the attached Reference Paper, all parts of which will be equally binding.  
International, domestic long distance and local: (a) public 
mobile services, including 
analogue/digital cellular services, personal communication services (PCS), specialized mobile radio (SMR), Global System Mobile Communications (GSM), mobile 
satellite services (MSS), facility 
based and on a resale basis; (o) paging services, and mobile data services, facility based and on a resale basis. (CPC 75213+ CPC 
75291) (1) Unbound until 2013, none as of 
01.01.2014. 
(2) None 
(3) Subject to licensing that may include conditions relating to the development of infrastructure.  Monopoly rights until 2013, none as of 01.01.2014. 
(4)  Unbound, except as indicated in the 
horizontal section.   (1) Unbound until 2013, none as of 
01.01.2014.  
(2) None 
(3) None    
(4) Unbound, except as indicated in the 
horizontal section.  Upon expiration of monopoly 
rights in 2013 Armenia will 
undertake additional 
commitments according to regulatory conditions contained in the attached Reference Paper, all parts of which will be equally binding.  
   WT/ACC/SPEC/ARM/2/Rev.2
 Page 15Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
International facility based value 
added telecommunications 
services, wire based or radio 
based, including: (h) electronic mail; (i) voice mail; (j) online information and data base retrieval; (k) electronic data interchange; (l) enhanced/ value-
added facsimile services, 
including store and forward, store and retrieve, (m) code and protocol conversion; (n) online information and/or data 
processing (including transaction 
processing). (CPC 7523** + CPC 843**) (1) Unbound until 2013, none as of 
01.01.2014.  
(2) None 
(3) Subject to licensing that may include 
conditions relating to the development of infrastructure.  Monopoly rights until 2013, none as of 01.01.2014. 
(4) Unbound, except as indicated in the 
horizontal section.  (1) Unbound until 2013, none as of 
01.01.2014. 
(2) None 
(3) None    
(4) Unbound, except as indicated in the 
horizontal section.   WT/ACC/SPEC/ARM/2/Rev.2 
Page 16 Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
International value added 
telecommunications services on a 
resale basis, and domestic value 
added telecommunications services, facility based and on a resale basis , wire based or radio based, including: (h) electronic mail, (i) voice mail, (j) online 
information and data base 
retrieval, (k) electronic data interchange, (l) enhanced/ value-added facsimile services, including store and forward, store 
and retrieve, (m) code and 
protocol conversion, (n) online information and/or data processing (including transaction processing). (CPC 7523** + 
CPC 843**) (1) None 
(2) None 
(3) Subject to licensing that may include 
conditions relating to the development of infrastructure. (4) Unbound, except as indicated in the horizontal section. (1) None 
(2) None 
(3) None 
  (4) Unbound, except as indicated in the horizontal section.  
Telecommunication related 
services  (CPC 754) (1) None 
(2) None 
(3) None 
(4)  Unbound, except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section.  
D. Audiovisual Services    
(a)  Motion picture and video 
tape production and distribution 
services (CPC 9611)  (1) None 
(2) None 
(3) None (4)  Unbound, except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None (4) Unbound, except as indicated in the horizontal section.    WT/ACC/SPEC/ARM/2/Rev.2
 Page 17Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
 (b)  Motion picture projection 
service (CPC 9612) 
 (1) None 
(2) None 
(3) None 
(4)  Unbound, except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section.  
(c)  Radio and television services 
(not including transmission services) (CPC 9613)  (1) None 
(2) None (3) None (4)  Unbound, except as indicated in the 
horizontal section. (1) None 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section.  
(e)  Sound recording services 
(CPC )  (1) None 
(2) None (3) None 
(4)  Unbound, except as indicated in the 
horizontal section. (1) None 
(2) None (3) None 
(4) Unbound, except as indicated in the 
horizontal section.   WT/ACC/SPEC/ARM/2/Rev.2 
Page 18  
Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
3.  CONSTRUCTION AND RELATED ENGINEERING SERVICES 
A.  General construction work for 
buildings (CPC 512)  (1) Unbound* 
(2) None (3) None 
(4) Unbound, except as indicated in the 
horizontal section. (1) Unbound* 
(2) None (3) None 
(4) Unbound, except as indicated in the 
horizontal section.  
B.  General construction work for 
civil engineering (CPC 513) 
 (1) Unbound* 
(2) None 
(3) None (4) Unbound, except as indicated in the horizontal section. (1) Unbound* 
(2) None 
(3) None (4) Unbound, except as indicated in the horizontal section.  
C.   Installation and assembly 
work  (CPC 514+516)  (1) Unbound* 
(2) None (3) None (4) Unbound, except as indicated in the 
horizontal section. (1) Unbound* 
(2) None (3) None (4) Unbound, except as indicated in the 
horizontal section.  
D. Building completion and 
finishing work (CPC 517) 
 (1) Unbound* 
(2) None 
(3) None (4) Unbound, except as indicated in the horizontal section. (1) Unbound* 
(2) None 
(3) None (4) Unbound, except as indicated in the horizontal section.    WT/ACC/SPEC/ARM/2/Rev.2
 Page 19 
Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
4.  DISTRIBUTION SERVICES 
A.  Commission agents’ services  
(CPC 621)  (1) None 
(2) None (3) None 
(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.  Wholesale trade services 
(CPC 622)  (1) None 
(2) None (3) None (4)  Unbound, except as indicated in the 
horizontal section. (1) None 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section.  
C.  Retailing services  
(CPC 631+632, 6111+6113+6121) 
 (1) None 
(2) None (3) None 
(4) Unbound, except as indicated in the 
horizontal section. (1) None 
(2) None (3) None 
(4) Unbound, except as indicated in the 
horizontal section.  
D.  Franchising (CPC 8929 ) 
 (1) None 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section. (1) None 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section.   WT/ACC/SPEC/ARM/2/Rev.2 
Page 20  
Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
5.  EDUCATIONAL SERVICES 
C.  Higher education (CPC 
923)  (1) None 
(2) None (3) None 
(4) Unbound, except as indicated in the 
horizontal section. (1) None 
(2) None (3) None 
(4) Unbound, except as indicated in the 
horizontal section.  
D.  Adult education (CPC 924) 
 (1) None 
(2) None 
(3) None (4)  Unbound, except as indicated in the 
horizontal section. (1) None 
(2) None 
(3) None (4) Unbound, except as indicated in the horizontal section.    WT/ACC/SPEC/ARM/2/Rev.2
 Page 21 
Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
6.  ENVIRONMENTAL SERVICES 
A.  Sewage services (CPC 9401) 
 (1) Unbound* 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section. (1) Unbound* 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section.  
B.  Refuse disposal services 
(CPC 9402)  (1) Unbound* 
(2) None (3) None 
(4) Unbound, except as indicated in the 
horizontal section. (1) Unbound* 
(2) None (3) None 
(4) Unbound, except as indicated in the 
horizontal section.  
C.  Sanitation and similar 
services  
(CPC 9403)  (1) Unbound* 
(2) None 
(3) None (4) Unbound, except as indicated in the horizontal section. (1) Unbound* 
(2) None 
(3) None (4) Unbound, except as indicated in the horizontal section.   WT/ACC/SPEC/ARM/2/Rev.2 
Page 22  
Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
7.  FINANCIAL SERVICES 
A. Insurance services 
(a) Life insurance services (CPC 
8121)  (1) Unbound 
(2) None (3) None, except that providers of banking services may not provide 
insurance services. 
(4) Unbound, except as indicated in the horizontal section. (1) Unbound 
(2) None (3) None  
 
(4) Unbound, except as indicated in the horizontal section.  
(b)  Non-life insurance services  
(CPC 8129)  (1) Unbound 
(2) None (3) None, except that providers of banking services may not provide insurance services (4) Unbound, except as indicated in the 
horizontal section. (1) Unbound 
(2) None (3) None   (4) Unbound, except as indicated in the 
horizontal section.  
(c )  Reinsurance and 
retrocession  
(CPC 81299)  (1) None 
(2) None 
(3) None, except that providers of banking services may not provide insurance services (4) Unbound, except as indicated in the horizontal section. (1) None 
(2) None 
(3) None   (4) Unbound, except as indicated in the horizontal section.  
(d)  Insurance intermediation, 
such as brokerage and agency 
(CPC 81401) 
 (1) Unbound 
(2) None 
(3) None, except that providers of 
banking services may not provide insurance services (4)  Unbound, except as indicated in the 
horizontal section. (1) Unbound 
(2) None 
(3) None 
  (4) Unbound, except as indicated in the horizontal section.    WT/ACC/SPEC/ARM/2/Rev.2
 Page 23Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
(e)  Services auxiliary to 
insurance, such as consultancy, 
actuarial, risk assessment and 
claim settlement services (CPC 8140*)  (1) Unbound 
(2) None 
(3) None, except that providers of 
banking services may not provide insurance services (4)  Unbound, except as indicated in the horizontal section. (1) Unbound 
(2) None 
(3) None 
  (4) Unbound, except as indicated in the horizontal section.  
B.      Banking and other financial services 
(a) Acceptance of deposits and 
other repayable funds from the public; (b) Lending of all types, 
including consumer credit, 
mortgage credit, factoring and 
financing of commercial transaction;  (c) Financial leasing;  
(d) All payment and money 
transmission services, including 
credit, charge and debit cards, travelers cheques and bankers drafts;  (e) Guarantees and 
commitments. (CPC 
81115-81119, 8113, 8112, 81199**, 81339**)  (1) None 
(2) None (3) None, except that: Insurance providers may not provide banking services; 
Branches of non-resident banks may not 
accept deposits from resident Armenians. (4) Unbound, except as indicated in the horizontal section. (1) None 
(2) None (3) None   
 
 
(4) Unbound, except as indicated in the horizontal section.    WT/ACC/SPEC/ARM/2/Rev.2 
Page 24 Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
(f)  Trading for own account or 
for account of customers, 
whether on an exchange, in an 
over-the-counter market or otherwise, the following: A. money market instruments 
(including cheques, bills, 
certificates of deposits); 
B. foreign exchange;  
C. derivative products including, 
but not limited to, futures and options;  D. exchange rate and interest rate 
instruments, including products 
such as swaps, forward rate agreements; E. transferable securities, 
F. other negotiable instruments 
and financial assets, including 
bullion. (CPC 81321*, 81333, 81339**)  (1) Unbound 
(2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section.   (1) Unbound 
(2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section.   
(g) Participation in issues of all 
kinds of securities, including under-writing and placement as agent and provision of services related to such issues;  
(h) Money broking;   
(i) Asset management, such as 
cash or portfolio management, all forms of collective investment management, pension fund management, custodial, deposit-
ory and trust services;  
(CPC 8119, 8132) (1) Unbound 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section. 
 (1) Unbound 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section. 
    WT/ACC/SPEC/ARM/2/Rev.2
 Page 25Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
(j)  Settlement and clearing 
services for financial assets, 
including securities, derivative 
products, and other negotiable instruments (CPC 81319**) (1) Unbound 
(2) None 
(3) Settlement and clearing services of 
securities and derivative products are reserved exclusively to the Central Depositary Service of Armenia. (4) Unbound, except as indicated in the 
horizontal section. (1) Unbound 
(2) None 
(3) None 
   (4) Unbound, except as indicated in the 
horizontal section.  
(k) Advisory, intermediation and 
other  auxiliary financial services 
on all activities listed in 
subparagraphs (a) through (l), including credit reference and analysis, investment and portfolio research and advice, advice on acquisitions and on 
corporate restructuring and 
strategy. (CPC  8131, 8133) (1) Unbound 
(2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section.  (1) Unbound 
(2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section.   
(l) Provision and transfer of 
financial information and financial data processing and related software by suppliers of other financial services  
(CPC 8131) (1) Unbound 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section. 
 (1) Unbound 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section. 
   WT/ACC/SPEC/ARM/2/Rev.2 
Page 26  
Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
8.  HEALTH AND SOCIAL SERVICES 
Hospital services (CPC 9311) 
 (1) Unbound* 
(2) None (3) None 
(4)  Unbound, except as indicated in 
the horizontal section. (1) Unbound* 
(2) None (3) None 
(4) Unbound, except as indicated in 
the horizontal section.    WT/ACC/SPEC/ARM/2/Rev.2
 Page 27 
Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
9.  TOURISM AND RELATED SERVICES 
Hotels and restaurants  
(CPC 641-643)  (1) Unbound* 
(2) None (3) None 
(4) Unbound, except as indicated in 
the horizontal section. (1) Unbound* 
(2) None (3) None 
(4) Unbound, except as indicated in 
the horizontal section.  
Travel agencies and tour operators 
services (CPC 7471) 
 (1) None 
(2) None 
(3) None Unbound, except as indicated in  the horizontal section. (1) None 
(2) None 
(3) None (4) Unbound, except as indicated in the horizontal section.  
Tourist guide services (CPC 7472) 
  
 (1) None 
(2) None (3) None (4) Unbound, except as indicated in 
the horizontal section. (1) None 
(2) None (3) None (4) Unbound, except as indicated in 
the horizontal section.   WT/ACC/SPEC/ARM/2/Rev.2 
Page 28  
Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
10.  RECREATIONAL, CULTURAL AND SPORTING SERVICES 
Entertainment services (other than 
audiovisual ) (CPC 9619)  (1) None 
(2) None (3) None 
(4)  Unbound, except as indicated in 
the horizontal section.  (1) None 
(2) None (3) None 
(4) Unbound, except as indicated in 
the horizontal section.  
 Sporting and recreational services  
(CPC 964)   
 (1) None 
(2) None (3) None (4)  Unbound, except as indicated in 
the horizontal section. (1) None 
(2) None (3) None (4) Unbound, except as indicated in the horizontal section.    WT/ACC/SPEC/ARM/2/Rev.2
 Page 29 
Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
11.  TRANSPORT SERVICES 
C. Air transport services    
Maintenance and repair of aircraft 
(CPC 8868)  (1) Unbound* 
(2) None (3) None (4) Unbound, except as indicated in 
the horizontal section. (1) Unbound* 
(2) None (3) None (4) Unbound, except as indicated in 
the horizontal section.   
Selling and marketing of air transport 
services, including computer 
reservation systems services (CPC 
748+749)  (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section. (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section.  
E. Rail transport services    
Maintenance and repair of rail 
transport equipment (CPC 8868**) (1) Unbound* 
(2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section. (1) Unbound* 
(2) None 
(3) None 
(4)  Unbound, except as indicated in 
the horizontal section.   
F. Road transport services    
(a) Passenger transportation  
(CPC 7121+7122) 
 (1)None 
 
   (2) None 
(3) None 
(4) Unbound, except as indicated in the horizontal section. (1) None, except for differential 
treatment with respect to taxes and 
charges for operation and preservation of public roads and for issuing entry permits  (2) None 
(3)  None 
(4)  Unbound, except as indicated in 
the horizontal section.   WT/ACC/SPEC/ARM/2/Rev.2 
Page 30 Modes of supply:   1) Crossborder supply   2) Consumption abroad    3)  Commercial presence   4)  Presence of natural persons 
Sector or Subsector Limitations on Market Access Li mitations on National Treatment Additional Commitments 
(b) Freight transportation (CPC 7123) 
 (1)  None 
 
 
  (2)  None 
(3) None 
(4) Unbound, except as indicated in 
the horizontal section. (1) None, except for differential 
treatment with respect to taxes and 
charges for operation and preservation 
of public roads and for issuing entry permits (2) None (3) None 
(4)  Unbound, except as indicated in 
the horizontal section.  
(d) Maintenance and repair of road 
transport equipment (CPC 6112) (1) Unbound* 
(2) None. 
(3) None. 
(4)  Unbound, except as indicated in 
the horizontal section. (1) Unbound* 
(2) None. 
(3) None. (4) Unbound, except as indicated in the horizontal section.  
H. Services auxiliary to all modes of transport 
(a) Cargo handling services (CPC 741) 
 (1) Unbound* 
(2) None 
(3) None (4)  Unbound, except as indicated in 
the horizontal section. (1) Unbound* 
(2) None 
(3) None (4) Unbound, except as indicated in the horizontal section.  
(b) Storage and warehouse services 
(CPC 742)  (1) Unbound* 
(2) None (3) None (4)  Unbound, except as indicated in 
the horizontal section. (1) Unbound* 
(2) None (3) None (4) Unbound, except as indicated in the 
horizontal section.  
(c) Freight transport agency services 
and freight inspection  
(CPC 748+749)  (1) None 
 
 (2) None (3) None   
(4) Unbound, except as indicated in the 
horizontal section. (1) Customs clearance must be 
performed by a licen sed customs agent 
established in the Republic of Armenia (2) None (3) Customs clearance must be performed by a licen sed customs agent 
established in the Republic of Armenia 
(4) Unbound, except as indicated in the 
horizontal section.    WT/ACC/SPEC/ARM/2/Rev.2
 Page 31ARMENIA: LIST OF ARTICLE II EXEMPTIONS  
 
Subsector 
 Description of Measure 
Indicating its Inconsistency with 
Article II Countries to which the 
Measure Applies 
 Intended Duration 
 Conditions Creating the Need for the 
Exemption 
 
Road transport services (freight transportation) (CPC 7123) Under bilateral international road 
transport agreements transportation of goods to and within Armenian territory, performed by carriers, registered 
in the other contracting parties, is 
exempted from taxes and charges for operation and preservation of public roads and for issuing entry permits. Georgia, Iran,  Lebanon, 
Turkmenistan, Cyprus, Russia, Latvia, Syria, Bulgaria, Romania, Ukraine, Belarus, Kyrgyz 
Republic     
  Indefinite 
 Need to maintain possibility of applying 
reciprocal treatment in order to ensure adequate conditions for Armenian suppliers of trucking services in other territories 
 
Road transport services 
(passenger transportation) (CPC 7121+7122) Under bilateral international road 
transport agreements transportation of passengers to 
and within Armenian territory, 
performed by carriers, registered in the other contracting parties, is exempted from taxes and charges for operation and preservation of 
public roads and for issuing entry 
permits. Georgia, Lebanon, Russia, 
Latvia, Syria, Bulgaria, Romania, Ukraine, Belarus, 
Kyrgyz Republic     
   Indefinite 
 Need to maintain possibility of applying 
reciprocal treatment in order to ensure adequate conditions for Armenian suppliers 
of passenger transportation services in other 
territories  
 
__________