RESTRICTED
WORLD TRADE WT/ACC/KAZ/12
19September 1997
ORGANIZATION(97-3772)
Working Party onthe Original: English
Accession ofKazakstan
ACCESSION OFKAZAKSTAN
Communication from Kazakstan
Thefollowing information ontrade inservices hasbeenreceived from theGovernment of
Kazakstan.WT/ACC/KAZ/12
Page2TABLE 1:Measures Relating toMarket Access
Mode (s)ofSupply:
1.Cross-border supply 2.Consumption abroad 3.Commercial presence 4.Presence ofnatural persons 5.Relationship between modes ofsupply
SECTOR ORSUBSECTOR MEASURES RELEVANT LAWS AND RESOLUTIONS
A.HORIZONTAL
ALL SECTORS 3.Alllegalandnatural persons, rendering services
subject tolicensing, should obtain alicense.Decree ofthePresident having theforce of
theLaw"OnLicensing" asof
17April 1995.
B.SPECIFIC SECTORS
1.COMMERCIAL SERVICES
1.Professional services
a)Legal services 4.Barrister canbeonly acitizen oftheRepublic of
Kazakstan.TheResolution onSolicitorship asof
13November 1980.
4.Notary canbeonly acitizen oftheRepublic of
Kazakstan.TheLawoftheRepublic ofKazakstan "On
Notary" asof17July1997.
3.When twoormore individuals, providing
chargeable legalservices notconnected withadvocate
activity onbehalf ofalegalentity withforeign
participation, itisrequired thatnolessthan halfof
them becitizens oftheRepublic ofKazakstan.TheLawoftheRepublic ofKazakstan "On
Notary" asof17July1997.
TheResolution onSolicitorship asof
13November 1980.
TheResolution "Ontheorder oflicensing,
provision ofchargeable legalservices not
connected withadvocate activity" asof
August 1997.
VII.FINANCIAL INTERMEDIARY SERVICES
1.Allinsurance andinsurance related
services3.Insurance companies maybeorganized aseither
Joint Stock Company (JSC) orlimited Liability
Partnership.ThePresidential Decree having theForce of
theLaw"OnInsurance" asof
3October 1995.WT/ACC/KAZ/12
Page3Mode (s)ofSupply:
1.Cross-border supply 2.Consumption abroad 3.Commercial presence 4.Presence ofnatural persons 5.Relationship between modes ofsupply
SECTOR ORSUBSECTOR MEASURES RELEVANT LAWS AND RESOLUTIONS
3.Amount ofcharter fund ofinsurance companies
should benolessthan40,000 monthly indicated
indexes.1TheResolution oftheGovernment ofthe
Republic ofKazakstan "OnApproval ofthe
Regulation "On Licensing ofInsurance
Activity intheTerritory oftheRepublic of
Kazakstan" asof16April 1996 No478.
3.Themaximum foreign participation ininsurance
jointventures is50%.
2.Nomore than95%ofinsurance riskcanbe
reinsured abroad.
a)Life, accident andhealth insurance
services3.Theinsurance agency which obtained alicense for
therighttocarry outlifeinsurance willnothavethe
righttobeengaged inanyother insurance activity.ThePresidential Decree having theForce of
theLaw"OnInsurance" asof
3October 1995.
b)Non-life insurance services 3.Theinsurance agency which obtained thelicense
fortherighttocarry outlifeinsurance willnothave
therighttobeengaged inanyother insurance activity.TheResolution oftheGovernment ofthe
Republic ofKazakstan "OnApproval ofthe
Regulation onLicensing OfInsurance
Activity ontheTerritory oftheRepublic of
Kazakstan" asof19April 1996 No478
c)Reinsurance andretrocession 2.Notmore than95%oftheriskcanbere-insured
outside ofKazakstan.ThePresidential Decree having theForce of
theLaw"OnInsurance "asof3October
1995.
2.Banking andother financial services
(excluding insurance)3.Banks mayonlybeestablished asJSC.
3.Thetotalregistered capital ofbanks withforeign
participation cannotbemore than25%oftotal
registered capital ofallbanks inKazakstan.ThePresidential Decree withtheForce of
theLaw"OnBanks andBanking Activity in
theRepublic ofKazakstan" asof
31August 1995.
1Itisaninternal government index updated quarterly. Currently itisT580(US$1 =T75.8 asof12September 1997).WT/ACC/KAZ/12
Page4 Mode (s)ofSupply:
1.Cross-border supply 2.Consumption abroad 3.Commercial presence 4.Presence ofnatural persons 5.Relationship between modes ofsupply
SECTOR ORSUBSECTOR MEASURES RELEVANT LAWS AND RESOLUTIONS
3.Abankwithforeign participation shallbeobliged
todeploy resources intodomestic assets inamounts
andinaccordance withtheprocedure tobeestablished
bytheNational Bank. Inorder toobtain abanking
license inKazakstan, aforeign bankshallestablish a
representative office inKazakstan oneyearbefore
applying forsuchlicense, except where non-resident
banks haverequired more than50%oftheshares of
abank resident intheRepublic ofKazakstan. Aparent
bankrelated toanaffiliated bankcanbeaCurrency transactions rules intheRepublic
ofKazakstan asof23May1997
ThelawoftheRepublic ofKazakstan "On
currency regulation" asof
24December 1996.
ThePresidential Decree withtheForce of
theLaw"Concerning theNational Bank of
theRepublic ofKazakstan," asof
30March 1995.
non-resident bankoftheRepublic ofKazakstan, which
hasarating ofoneoftherating agencies. Inthe
period ofestablishment ofthebanknooneperson
including founders (stockholders) candirectly or
indirectly manage ortobeinpossession of25%of
shares withrightofvote. Notlessthanone
supervisory council member ofabankwithforeign
participation must beacitizen oftheRepublic of
Kazakstan andpresent thedocuments which witness
hisexecutive experience ofnotlessthanthree years in
abankoperating intheterritory oftheRepublic of
Kazakstan, andhisknowledge ofbanking andbusiness
legislation oftheRepublic ofKazakstan.
a)Acceptance ofdeposits andother
repayable funds from thepublic3.Banks notincluded inFirstGroup according to
Resolution "Ontransfer banks ofsecond levelto
international standards" arenotallowed totake
deposits from natural persons more thanamount of
theownassets.TheInstruction ofNBK "Onorder of
opening, operating andclosing theaccounts
inthesecond levelbanks" asof
4March 1997 No61WT/ACC/KAZ/12
Page5Mode (s)ofSupply:
1.Cross-border supply 2.Consumption abroad 3.Commercial presence 4.Presence ofnatural persons 5.Relationship between modes ofsupply
SECTOR ORSUBSECTOR MEASURES RELEVANT LAWS AND RESOLUTIONS
f)Trading forownaccount orforaccount
ofcustomers; whether onanexchange, in
anover-the-counter market orotherwise,
thefollowing: -money market instruments
(Cheques, bills, certificate ofdeposits,
etc.); -foreign exchange; -derivative
products include, butnotlimited tofutures
andoptions; -exchange rateandinterest
rateinstruments, including products such
asswaps, forward rateagreements, etc.;-
transferable instruments andfinancial
assets, including bullion3.Foreign companies cannotoperate asexchange
offices, buttheycanbefounders ofexchange office.
They maybefounders ofbankandnon-bank financial
institutes aswell.
3.Stock Exchanges mayonlybeorganized asJSC.ThePresidential Decree Having theForce of
Law"OnSecurities andStock Exchange," as
of21April 1995.
TheRules ontheorder onlicensing ofthe
activity connected withusage offoreign
currency, asof24April 1997 No130
TheRules ontheorder ofregistration of
currency transaction connected with
movement ofcapital, N129asof
24April 1997.
XII.OTHER SERVICES NOT INCLUDED ELSEWHERE
Services inthesphere ofindustrial
property4.Patent Agent canbeonly acitizen oftheRepublic
ofKazakstan.ThePatent LawoftheRepublic ofKazakstan
asof24July1992
TheProcedure ofattestation, registration and
activity ofPatent Agents ofKazpatent asof
25January 1993.WT/ACC/KAZ/12
Page6TABLE 2:Measures Relating toNational Treatment
Mode (s)ofSupply:
1.Cross-border supply 2.Consumption abroad 3.Commercial presence 4.Presence ofnatural persons 5.Relationship between modes ofsupply
SECTOR ORSUBSECTOR MEASURES RELEVANT LAWS AND RESOLUTIONS
A.HORIZONTAL
5.While formulating qualification requirements, a
tender organizer maylimitthenumber offoreign
suppliers duetoreasons ofnational security and
support todomestic producers.Law"OnState Procurement" asof
16July1997.
5.Togivepriority toKazakstani service providers
when performing subsurface utilization operations
provided thatsuchservices arecompetitive interms of
efficiency andquality.Presidential Decree Having theForce ofLaw
"OntheSubsurface anditsUtilization" asof
27January 1996.
5.Togivepriority toKazakstani service providers
when performing petroleum operations provided that
suchservices arecompetitive interms ofefficiency
andquality.Presidential Decree Having theForce ofLaw
"OnPetroleum" asof28June1995.
B.SPECIFIC SECTOR
1.COMMERCIAL SERVICES
1.Professional services
a)Legal services 4.Barrister canbeonly acitizen oftheRepublic of
Kazakstan.Resolution onSolicitorship asof
13November 1980.
Decree ofthePresident having theforce of
theLaw"OnLicensing" asof
17April 1995.WT/ACC/KAZ/12
Page7Mode (s)ofSupply:
1.Cross-border supply 2.Consumption abroad 3.Commercial presence 4.Presence ofnatural persons 5.Relationship between modes ofsupply
SECTOR ORSUBSECTOR MEASURES RELEVANT LAWS AND RESOLUTIONS
4.Notary canbeonly acitizen oftheRepublic of
Kazakstan.TheLawoftheRepublic ofKazakstan "On
Notary" asof17July1997.
Decree ofthePresident having theforce of
theLaw"OnLicensing" asof
17April 1995.
VII.FINANCIAL INTERMEDIARY SERVICES
1.Allinsurance andinsurance related services
2.Banking andother financial services
(excluding insurance)1.Inorder toobtain abanking license inKazakstan,
aforeign bankshallestablish arepresentative office in
Kazakstan oneyearbefore applying forsuchlicense.ThePresidential Decree withtheforce ofthe
Law"Onbanks andbanking activity inthe
Republic ofKazakstan" asof
31August 1995.
XII.OTHER SERVICES NOT INCLUDED ELSEWHERE
Services inthesphere ofindustrial
property4.Patent Agent canbeonly acitizen oftheRepublic
ofKazakstan.Patent LawoftheRepublic ofKazakstan as
of24July 1992
Procedure ofattestation, registration and
activity ofPatent Agents ofKazpatent asof
25January 1993.WT/ACC/KAZ/12
Page8TABLE 3:Measures Relating toMost-Favoured -Nation Treatment (MFN)
Mode (s)ofSupply:
1.Cross-border supply 2.Consumption abroad 3.Commercial presence 4.Presence ofnatural persons 5.Relationship between modes ofsupply
SECTOR ORSUBSECTOR MEASURES RELEVANT LAWS AND RESOLUTIONS
A.HORIZONTAL
1.Visas arenotrequired forcitizens ofCIS
countries. Citizens from other countries arerequired
toobtain entry visas (except thecountries withwhich
theRepublic ofKazakstan hasagreements onentrance
without visas).Instructions "Onorder ofimplementation of
therules ofstaying offoreign citizens inthe
Republic ofKazakstan". Adopted bythe
Ministry ofInternal Affairs oftheRepublic
ofKazakstan asof31October 1994. N286
Instruction "Onorder ofissuing thevisas in
theRepublic ofKazakstan", asof
31March 1996.
B.SPECIFIC SECTOR
TABLE 4:Other Measures
None.
TABLE 5:Other Laws, Regulations andother legalinstruments
None.