RESTRICTEDWORLD TRADE
ORGANIZATIONTN/S/O/BGR
12 November 2003
(03-6032)
Council for Trade in Services
Special SessionOriginal:  English
REPUBLIC OF BULGARIA
Initial Offer on Services
The following initial offer has been received from the Republic of Bulgaria on
30 October 2003 with the request that it be circulated to the Members of the Council fro Trade in
Services.
_______________
The Republic of Bulgaria submits herewith its initial offer under the negotiations on trade in
services, pursuant to paragraph 15 of the Doha Ministerial Declaration.
This initial offer is not a legal text and is submitted solely for the purpose of negotiation in the
context of the Doha Ministerial Declaration, especially in the light of the need to achieve a balance in
the outcome of all WTO negotiations.  This offer is conditional and the Republic of Bulgaria reserves
the right to withdraw or modify its initial offer on services and any subsequent conditional offer that
could follow, in whole or in part, at any time during the negotiations on services.  The Republic of
Bulgaria further reserves the right to make any techni cal change or correction to this initial offer and any
subsequent offer that could follow.TN/S/O/BGR
Page 3REPUBLIC OF BULGARIA – SCHEDULE OF SPECIFIC COMMITMENTS
Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
I. HORIZONTAL COMMITMENTS
ALL SECTORS
INCLUDED IN THISSCHEDULE
1
Capital Payments21),2),
3),4) Payments and transfers abroad require the
authorization of the Bulgarian National Bankwhen related to investments and state or state-guaranteed loans.
31),2),
3),4) None
Services Relating to the
Use of Nuclear Energy forPeaceful Purposes1),2),
3),4) Unbound for services relating to the
exploration, extraction, and processing offissionable and fusionable materials or thematerials from which they are derived, as wellas to the trade therewith, to the maintenance
and repair of equipment and systems in
nuclear energy production facilities, to thetransportation of such materials and the refuseand waste matter of their processing, to theuse of ionising radiation, and on all otherservices relating to the use of nuclear energy
for peaceful purposes (incl. engineering and
consulting services and services relating tosoftware, etc.).1),2),
3),4) None
                                                     
1 It is understood that the limitations “all sectors” are applicable to commitments taken in each sector/subsector individually listed in Part II “Specific Commitments Applicable to
Individual Sectors and Subsectors” of the Schedule.
2 There is a non-discriminatory system of foreign exchange controls over transfers and payments related to current transactions:   (i) limitations on exports and imports of national or
foreign currency in cash;  (ii) limitations on acquisition of fo reign exchange by resident nationals for personal purposes; (ii i) foreign employees may purchase foreign currency up to 70 per cent
of their labour remuneration;  (iv) payments and transfers abroad in foreign currency are to be effectuated by banks;  (v) unil ateral transfers require the permission of BNB; (vi) payments on the
territory of the Republic of Bulgaria are to be effectuated in BGL.
3 Foreign persons have the right to transfer abroad the following revenues and compensations that accrue from investments in the  Republic of Bulgaria: re turns received, compensation
for expropriation of the investment for state purposes, proceeds from the liquidation or sale of all or part of the investment,  the amount received in execution of a claim secured in currency by a
pledge or a mortgage.TN/S/O/BGR
Page 4Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
Subsidies 1),2),
3),4)Eligibility to or availability of granting and
availing of subsidies will be reserved forBulgarian juridical persons or Bulgarian
citizens, respectively.  The supply of a service,
or its subsidization, within the public sector isnot in breach of this commitment.
Real Estate 3) None 3) Foreign natural and juridical persons (incl.
through a branch) cannot acquire ownership of
land.  Bulgarian juridical persons with foreign
participation cannot acquire ownership ofagricultural land.
Foreign juridical persons and foreign citizenswith permanent residence abroad can acquireownership of buildings and limited property
rights
4 of real estate subject to the permission of
the Ministry of Finance.  The permissionrequirement does not apply to persons whohave made investments in Bulgaria.
Foreign citizens with permanent residence
abroad, foreign juridical persons and companies
in which foreign participation ensures amajority in adopting decisions or blocks theadoption of decisions, can acquire real estateproperty rights in specific geographic regionsdesignated by the Council of Ministers subject
to permission.
Privatization 3) Unbound for participation in privatization
through state external debt bonds and forservices sectors and/or service suppliers not
subject to privatization under the annual
privatization programme.3) Unbound for participation in the privatization
through investment vouchers or otherpreferential privatization methods, where
Bulgarian citizenship and permanent residence
are required.
                                                     
4 The Bulgarian property law recognizes the following limited pr operty rights: right to use, right to build, right to raise a su perstructure and servitudes.TN/S/O/BGR
Page 5Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
Commercial Presence 3) The establishment of foreign service suppliers,
joint ventures included, may only take theform of limited liability company or jointstock company with at least two shareholders.
Establishment of branches is subject to
authorization.  Unbound for representativeoffices.  Representative offices may notengage in economic activity. In enterpriseswhere the public (state or municipal) share in
the equity capital exceeds 30 per cent, the
transfer of these shares to third parties needsauthorization.3) Foreign investments are registered with the
Ministry of Finance for statistical and taxationpurposes only.
A foreign person or a company in which foreign
participation ensures a majority in adoptingdecisions or blocks the adoption of decisions,directly or through other companies withforeign participation, is to obtain a permission
for:
(i) distribution of weapons, munitions or
military equipment;
(ii) banking or insurance activities, or 
participation in banking or insurance 
companies;
(iii) prospecting, development or extraction of 
natural resources from the territorial sea, continental shelf or the exclusive economiczone;
(iv) acquisition of participation which ensures a
majority in adopting decisions or blocks the
adoption of decisions in a company 
engaged in any of the activities specified in(i), (ii) and (iii) above.
With respect to banking and insurance referred
to in (ii) and (iv) the criteria for authorization or
permission are prudential and are consistent
with the obligation of Articles XVI and XVII ofthe GATSTN/S/O/BGR
Page 6Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
Entry and Temporary Stay
of Foreign Natural Persons4) Unbound, other than for entry, temporary stay
and work5 of the following categories of
natural persons supplying services:4) None for the categories indicated in “Market
Access”.
(i) The temporary presence (residence permit and
work permit required), as intracorporate
transferee6, of natural persons in the following
categories, provided that the service supplieris a juridical person and that the personsconcerned have been employed by it outsidethe Republic of Bulgaria for at least the year
immediately preceding such movement; the
number of such transferees is not to exceed 10per cent of the average annual number of theBulgarian citizens employed by the respectiveBulgarian juridical person (where less than100 persons are employed, the number of
intracorporate transferees may, subject to
authorization, exceed 10 per cent):
(a) one or more (but not exceeding 10 per 
cent of the total number of this category)
persons working in a senior positionwithin a juridical person, who primarily
direct the management of the
establishment, receiving only generalsupervision or direction from the board ofdirectors or stockholders of the businessor their equivalent, including
                                                     
5 The terms, limitations and conditions related to the "entry, temporary stay and work" are governed by the relevant Bulgarian la ws and regulations.
6 An "intra-corporate transferee" is defined as a natural person working within a juridical person other than a non-profit organ ization, established in the territory of a WTO Member, and
being temporarily transferred in the context of the supply of a service through commercial presence in the territory of the Rep ublic of Bulgaria; the juridical persons concerned must have their
principal place of business in the territory of a WTO Member other than the Republic of Bulgaria, and the transfer must be to a n establishment of that juridical person, effectively providing like
services in the territory of the Republic of Bulgaria.TN/S/O/BGR
Page 7Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
directing the establishment or a
department or subdivision of theestablishment, supervising and controllingthe work of other supervisory,
professional or managerial employees,
having the authority personally to hire andfire or recommend hiring, firing or otherpersonnel actions, and who do not directlyperform tasks concerning the actual
supply of the services of the
establishment;
(b) persons working within a juridical person,
who possess uncommon knowledgeessential to the establishment's service,research equipment, techniques ormanagement.  In assessing such
knowledge, account will be taken not only
of knowledge specific to theestablishment, but also of whether theperson has a high level of qualificationreferring to a type of work or traderequiring specific technical knowledge,
including membership of an accredited
profession.
The temporary stay for the categories of natural
persons specified in (i) above is limited to aninitial one-year period that may be extended for up
to one additional year for a total term not to
exceed three years.
(ii) The temporary presence (a business visitor
visa required) of natural persons in the
following categories:TN/S/O/BGR
Page 8Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
(a) persons not residing in the territory of the
Republic of Bulgaria, who arerepresentatives of a service provider andare seeking temporary entry for the
purpose of negotiating for the sale of
services or entering into agreements tosell services for that service provider,where those representatives will not beengaged in making direct sales to the
general public or in supplying services
themselves;
(b) persons working in senior positions, as
defined in (i) (a) above, within a juridicalperson, who are responsible for setting upin the Republic of Bulgaria of a
commercial presence of a service provider
of a WTO Member when:
- the representatives are not engaged in 
making direct sales or supplying services, and
- the service provider has its principal place
of business in the territory of a WTO
Member other than the Republic ofBulgaria and has no representative office,branch or subsidiary in the Republic ofBulgaria.
The temporary stay for the categories of natural
persons specified in (ii) above is limited to a three-month period within one calendar year.TN/S/O/BGR
Page 9Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
II. SECTOR-SPECIFIC COMMITMENTS
1. BUSINESS SERVICES
A. Professional Services7
(a) Legal services
Foreign legal consultants'
advisory services oninternational public law and
law of jurisdiction (home
country law) where theservice supplier is aqualified lawyer
8
(part of CPC 861)1) None
2) None3) None
4) Unbound except as indicated in the horizontal
section1) None
2) None3) None
4) Unbound except as indicated in the horizontal
section
(b) Accounting, auditing and
bookkeeping services
Accounting services
(CPC 86212 other than
"auditing services", 86213,
86219)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.
                                                     
7 General conditions for the supply of regulated professional se rvices: official recognition of the education a nd the pr ofession al qualification of the supplier.
8 Consultancy on law does not include: legal representation in front of jurisdiction (judicial or non-judicial) and administrati ve bodies as well as preparation of legal documents for such
procedures; expression of legal opinions concerning laws other than the law of the jurisdiction where the service supplier is q ualified as a lawyer; and out-of-court legal representation related to
the rights and obligations of Bulgarian nationals.TN/S/O/BGR
Page 10Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
Bookkeeping services,
except tax returns(CPC 8622)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.
(d) Architectural services
(CPC 8671)
(e) Engineering services
(CPC 8672)
(f) Integrated engineering
services (CPC 8673)1),2)None, except for the conditions specified in 4)
below.
3) Foreign persons are to provide the services
only in partnership with, or as subcontractors
of, local service suppliers where the project is
of national9 or regional significance.
This does not apply to projects which havebeen put up for international auction won byforeign service suppliers.1) None
2) None
3) None
Accreditation requirement: the main scope of
the foreign person's activity to be the relevant
services; experience in the field ofconstruction; projects performed during thelast two years; staff and technical capacity;bank references from a first rank foreign bank.Services must be supplied through employees
under the conditions specified in 4) below.
4) Unbound, except as indicated in the horizontal
section.4) Unbound, except as indicated in the horizontal
section.
Access is limited to natural persons subject torecognition of their technical qualification andaccreditation by a professional chamber in the
Republic of Bulgaria.  Accreditation is subject
to following criteria: recognized technicalqualification in Bulgaria; experience in thefield of construction; projects performedduring the last two years; staff and technical
capacity.
                                                     
9 Those which cover the needs of a significant part of the territory of the country.TN/S/O/BGR
Page 11Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
(h) Medical and dental services
(CPC 9312)1) Unbound
2) None, except that public medical insurance,
subsidization and compensation plans andprograms do not cover the cost and expenses
for medical and dental services provided to
Bulgarian citizens abroad, as well as formedical and dental services provided toforeign persons in the territory of the Republicof Bulgaria.1) Unbound
2) Unbound
3) Access is granted only to foreign natural
persons and exclusively for the conduct of
private professional practice.Establishment of such suppliers is subject toconditions of permanent residence, officialrecognition of their education and professionalqualification for the provision of the specific
medical or dental services, including
requirements related to professionalexperience.  Registration and authorizationbased on economic needs test and consent bya professional organization.
103) None, except for a requirement for mandatory
knowledge of the Bulgarian language
confirmed through relevant examination.
4) Unbound 4) Unbound
(i) Veterinary services
(CPC 932)1) Unbound*
2) None
3) Access is granted to natural persons
exclusively for the conduct of private
professional practice and under the conditions
of:  Authorization by the veterinaryauthorities.  Economic needs test.  Unboundfor all services related to border veterinarycontrols, prevention, localization, curing, etc.of infectious and parasitic epizootic diseases
and diagnostic analysis related thereto, and
controls exercised over animal products.1) Unbound*
2) Unbound
3) None, except those specified in 3) in the Market
Access column.
4) Unbound 4) Unbound
                                                     
10  Prices charged for private services are determined by professional organizations and approved by the Minister of Health Care.TN/S/O/BGR
Page 12Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
B. Computer and Related
Services
(CPC 84 except for CPC
8499)
Bulgaria subscribes to
the “Understanding onthe scope of coverage ofCPC 84 - Computer andRelated Services”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
(a)   Consultancy services
related to the 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 h orizontal
section
(b)   Software implementation
services
Systems and software
consulting services
(CPC 8421)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 indica ted in the horizontal
section.
Systems analysis services
(CPC 8422)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.
Systems design services
(CPC 8423)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.TN/S/O/BGR
Page 13Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
Programming services
(CPC 8424)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.
Systems maintenance
services
(CPC 8425)1)    None
2) None
3) None
4)    Unbound, except as indicated in the horizontal
section.1)    None
2)    None
3)    None
5) 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.
(d)   Database services
(CPC 844)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.
(o)   Other
Maintenance and repair
services of office
machinery and equipment
including computers
(CPC 845)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 preparation services
(CPC 8491)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.TN/S/O/BGR
Page 14Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
C. Research and Development
Services
(CPC 85)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.
F. Other Business Services
(a) Advertising services
(CPC 871)111) None2) 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
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.
(e) Technical testing and
analysis services
Technical testing andanalysis services, except forservices related to issuanceof official certificates and
similar documents.
(part of CPC 8676)1) Unbound
2) None3) Unbound4) Unbound, except as indicated in the horizontal
section.1) Unbound
2) None3) Unbound4) Unbound except as indicated in the horizontal
section.
                                                     
11 Prohibition on advertising alcohol, alcoholic beverages, medicines, tobacco and tobacco products.TN/S/O/BGR
Page 15Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
(f) Services incidental to
agriculture, hunting andforestry.
Consulting servicesincidental to agriculture,
hunting and forestry.
(part of CPC 881)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) Services incidental to
fishing.
Consulting services
incidental to fishing(part of CPC 882)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.
(h) Services incidental to
mining.
Services on contract basis
for repair and dismantling
of equipment in oil and gasfields(part of CPC 883)1) Unbound*
2) None
3) Unbound4) Unbound, except as indicated in the horizontal
section.1) Unbound*
2) None
3) Unbound4) Unbound, except as indicated in the horizontal
section.
(i) Services incidental to
manufacturing
Services on contract basis
for the installation, repairand maintenance of factory
equipment.
(part of CPC 885)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/BGR
Page 16Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
(n) Maintenance and repair of
equipment (not includingmaritime vessels, aircraft orother transport equipment)
Repair services of personaland household goods (excl.jewellery)(CPC 63301, 63302, part of63303, 63304, 63309)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.
(o) Building cleaning services
(CPC 874)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.
(p) Photographic services
Photographic services,except for passport andaerial photography
(part of CPC 87501, 87502,
87503, part of 87504,87506, 87507)1) None
2) None3) None, except for the X-ray photo labs that are
subject to licensing.
4) Unbound, except as indicated in the horizontal
section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
(q) Packaging services
(CPC 876)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.TN/S/O/BGR
Page 17Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
2. COMMUNICATION SERVICES
C. Telecommunication Services
Measures Applicable to All Sectors in Communication Services:
1. The setting up of public or private telecommunications networks is subject to licensing. All services have to be provided ove r licensed networks or over leased lines as
part of licensed networks. Licences are issued by a Bulgarian authorized body to the applicant personally and cannot be transfe rred to a third party. Simple resale of
telecommunication services is not permitted.   The provision of telecommunicati on services is subject to individual licen se, general license or is free.  General
license is provided to each service provid er who fulfils the relevant requirements for such a license.  Subject to individual l icense are services which provision
requires individually allo cated scarce resources and the provision of fixed voi ce telephone service and/ or universal service ov er fixed public telephone
network.  The number of licenses may be limited depending on the availability of scarce resources .  The licensing procedure is transparent and non-
discriminatory. Licenses are issued by a Bulgarian authorized body.
2. The connection to a public network is permitted according to the licence conditions for the public network and depending on t echnical possibilities.  Terminal
equipment intended for direct or indirect connection to a public or private telecommu nications network can be connected to a ne twork termination point if it is type-
approved by a Bulgarian authorized body. is assessed for conformity with essential requirements.
3. Natural and juridical persons exercising st atistical activity and setting up information systems are to use concepts, nomencl atures and classifications, which are
compatible to those established by the National Statistical Institute.
(j) On-line information and
data base retrieval(part of CPC 75232)1) None
2) None3) Unbound
4) Unbound, except as indicated in the horizontal
section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
(l) Enhanced/ value-added
facsimile services, incl.store and forward, storeand retrieve
(part of CPC 75232)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.
(m) Code and protocol
conversion(part of CPC 75231)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/BGR
Page 18Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
ALL SECTORS
All sub-sectorsThe installation and usage of
telecommunication equipment and networks
and the provision of telecommunication
services require a concession, licence,
permission or registration from a Bulgarian
authorised body .
The number of  licences may be limited
depending on the availability of scarce
resources and due to technical reasons
(numbering capacity,  temporary lack of
access points).
*BTC LTD - Bulgarian Telecommunications
company LTDAs annexed.
(a) Voice telephone services
(CPC 7521)
Local/Long distance/
International (using any
network technology,
facilities-based)
- for public use1) BTC Ltd has exclusive rights for facilities
based services until 31 December 2004 and
for public voice telephony until  31 December
2002   None
2) None
3) BTC Ltd has exclusive rights for facilities
based services until 31 December 2004 and
for public voice telephony until 31 December
2002   None
4) Unbound except as indicated in the horizontal
section1) None
2) None
3) None
4) Unbound except as indicated in the horizontal
section
- for non-public use 1) Connection to the public telecommunications
network is not allowed until 31 December
2004.   None
2) None
3) Connection to the public telecommunications
network is not allowed until 31 December
2004.   None
4) Unbound except as indicated in the horizontal
section1) None
2) None
3) None
4) Unbound except as indicated in the horizontal
sectionTN/S/O/BGR
Page 19Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
(b) and (c) Packet-and circuit-
switched data transmissionservices(CPC 7523)1) None
2) None3) None4) Unbound except as indicated in the horizontal
section1) None
2) None3) None4) Unbound except as indicated in the horizontal
section
(d) Telex services
(CPC 7523)
(e) Telegraph services
(CPC 7523)1) BTC Ltd has exclusive rights for facilities
based services until 31 December 2004 and
for telegraph and telex services until 31
December 2002   None
2) None
3) BTC Ltd has exclusive rights for facilities
based services until 31December 2004 and for
telegraph and telex services until 31
December 2002   None1) None
2) None
3) None
4) Unbound except as indicated in the horizontal
section4) Unbound except as indicated in the horizontal
section
(f) Facsimile services
(CPC 7521)1) Only through the use of the international
network of BTC Ltd.   None
2) None3) Only through the use of the international
network of BTC Ltd.   None
4) Unbound except as indicated in the horizontal
section1) None
2) None
3) None
4) Unbound except as indicated in horizontal
section
(g) Leased circuit services
(CPC 7523)1) BTC Ltd has exclusive rights for facilities
based services until 31 December 2004. Sale
and lease of capacity of leased circuits is not
allowed.   None
2) None3) BTC Ltd has exclusive rights for facilities
based services until 31 December 2004. Sale
and lease of capacity of leased circuits is not
allowed.   None
4) Unbound except as indicated in the horizontal
section1) None
2) None
3) None
4) Unbound except as indicated in the horizontal
sectionTN/S/O/BGR
Page 20Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
(o) Other
Mobile services
- Analogue cellular voice
services
- Digital cellular voice
services1) Only through use of the international network
of BTC Ltd. until 31 December 2002.   None
2) Only through use of the international network
of BTC Ltd. until 31 December 2002 and
according to the international NMT450 andGSM agreements1) None
2) None
3) Only through use of BTC Ltd. infrastructure
until 31 December 2002, except in the case if
BTC Ltd is not able to provide the necessary
infrastructure in the limited period of time
specified in the licence.   None
4) Unbound except as indicated in the horizontal
section3) None
4) Unbound except as indicated in the horizontal
section
- Paging services- Mobile data services1) None
2) None3) None4) Unbound except as indicated in the horizontal
section1) None
2) None3) None4) Unbound except as indicated in the horizontal
section
Satellite services 1) BTC Ltd has exclusive rights for public voice
telephony until 31 December 2002   None
2) None3) BTC Ltd has exclusive rights for public voice
telephony until 31 December 2002   None
4) Unbound except as indicated in the horizontal
section1) None
2) None
3) None
4) Unbound except as indicated in the horizontal
section
VSAT-services
- for public use1) BTC Ltd has exclusive rights for public voice
telephony until 31 December 2002   None
2) None
3) BTC Ltd has exclusive rights for public voice
telephony until 31 December 2002   None
4) Unbound except as indicated in the horizontal
section1) None
2) None
3) None
4) Unbound except as indicated in the horizontal
sectionTN/S/O/BGR
Page 21Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
-  for non-public use 1) Connection to the public telecommunications
network is not allowed until 31 December
2004.   None
2) None
3) Connection to the public telecommunications
network is not allowed until 31 December
2004.   None
4) Unbound except as indicated in the horizontal
section1) None
2) None
3) None
4) Unbound except as indicated in the horizontal
section
E. Telecommunications
Related Services
Equipment rental services(CPC 7541)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.
Equipment sales services
(CPC 7542)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.
Consulting services
(CPC 7544)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.TN/S/O/BGR
Page 22Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
3. CONSTRUCTION AND
RELATEDENGINEERINGSERVICES
1) Unbound*2) None, except for the conditions specified in 4)
below.
3) Foreign persons are to provide the services
only in partnership with, or as subcontractors
of, local service suppliers where the project is
of national or regional significance. This doesnot apply to projects which have been put upfor international auction won by foreignservice suppliersAccreditation requirement. The main scope of
the foreign person's activity to be the relevant
services; experience in the field ofconstruction; projects performed during thelast two years; staff and technical capacity;bank references from a first rank foreign bank.Services must be supplied through employees
under the conditions specified in 4) below.1) Unbound*
2) None
3) None
A. General Construction Work
for Buildings
Construction work for
buildings (CPC 512)
B. General Construction Work
for Civil Engineering
Construction work for civil
engineering(CPC 5131, 5132, 5135)
C. Installation and Assembly
Work
Assembly work
(CPC 514)Installation work
(CPC 5161, 5162, 51641,
51643, 51644, 5165) 4) Unbound, except as indicated in the horizontal
section.Access is limited to natural persons uponrecognition of their technical qualification andsubject to accreditation by a professional
chamber in the Republic of Bulgaria.
Accreditation is subject to following criteria:recognized technical qual ification in Bulgaria;
experience in the field of construction;projects performed during the last two years.4) Unbound, except as indicated in the horizontal
section.
D. Building Completion and
Finishing Work
(CPC 517)1) Unbound*
2) None3) None4) Unbound, except as indicated in the
horizontal.1) Unbound*
2) None3) None4) Unbound, except as indicated in the horizontal.TN/S/O/BGR
Page 23Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
4. DISTRIBUTION SERVICES
Measures Applicable to All S ectors in Distribution Services
1. Distribution services of tobacco and tob acco products, alcoholic beverages; pharm aceutical, medical and orthopaedic goods, we apons, munitions and military
equipment; precious metals, precious stones and articles th ereof; petroleum and petroleum products are excluded.
2. The specific commitments do not include wholesale and commission  agents' trade services supplied at commodity exchange market s operated on a permanent basis.
3. Where establishment is subject to economic needs test, the main criteria are: the number and the impact on existing stores, p opulation density, geographic spread,
impact on traffic conditions.
A. Commission Agents'
Services
Sales on a fee or contractbasis of building materials
and industrial and technical
chemicals.(part of CPC 62113)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.
Sales on a fee or contractbasis of machinery,industrial equipment
(except for medical and
surgical equipment andorthopedical devices) andvehicles other than motorvehicles, bicycles andmotorcycles.
(part of CPC 62114)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.
Sales on a fee or contractbasis of furniture,household goods, hardware
and ironmongery.
(CPC 62115)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.TN/S/O/BGR
Page 24Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
Sales on a fee or contract
basis of textiles, clothingand footwear.(CPC 62116)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.
B. Wholesale Trade Services
(CPC 61111, part of 6113;
6121)(CPC 622 excluding 62211,
62213, part of 62226,
62228, part of 6225, part of62265, 6227)1) Unbound
2) None3) None other than:
Limitations specified in the Measures
Applicable to All Sectors in Distribution
Services. Licensing for specializedwholesaling services. Economic needs test.
4) Unbound, except as indicated in the horizontal
section.1) Unbound
2) None3) Unbound
4) Unbound, except as indicated in the horizontal
section.
C. Retailing Services
(CPC 61112, part of CPC6113, part of 6121)(CPC 631 excluding 63107,63108, 63211, part of63292, 63927)1) Unbound
2) None3) None other than:
Limitations specified in the MeasuresApplicable to All Sectors in DistributionServices. Licensing for specialized retail sales.
Economic needs test for the establishment of
department stores.
4) Unbound, except as indicated in the horizontal
section.1) Unbound
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
D. Franchising
(CPC 8929)1) Access is granted to juridical persons only.
2) None
3) Unbound4) Unbound, except as indicated in the horizontal
section.1) None
2) None
3) None4) Unbound, except as indicated in the horizontal
section.TN/S/O/BGR
Page 25Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
5. EDUCATION
SERVICES12
A. Primary Education Services
Privately funded primaryeducation services(part of CPC 921)1) Unbound
2) None3) Access is granted to privately funded primary
schools constituted as juridical persons uponauthorization by the Council of Ministers.
Compliance with the state educational and
health requirements is a condition.Unbound for natural persons and associations.
4) Unbound, except as indicated in the horizontal
section and in 3) above.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section. Condition of Bulgarian citizenship.Foreign citizens may teach on the conditions of
permanent residence, recognition of their
education and professional qualification.
B. Secondary Education
Services
Privately funded secondary
education services(part of CPC 922)1) Unbound
2) None3) Access is granted to privately funded primary
schools constituted as juridical persons uponauthorization by the Council of Ministers.Compliance with the state educational and
health requirements is a condition.
Unbound for natural persons and associations.
4) Unbound, except as indicated in the horizontal
section and in 3) above.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section. Condition of Bulgarian citizenship.Foreign citizens may teach on the conditions of
permanent residence, recognition of their
education and professional qualification.
                                                     
12 The commitments undertaken in this sector do not refer to state, municipal and private non-secular educational institutions.TN/S/O/BGR
Page 26Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
C. Adult Education
Privately funded adult
education services(part of CPC 924)1) None
2) None
3) None
4) Unbound, except as indicated in the horizontal
section.1) None
2) None3) None
4) Unbound, except as indicated in the horizontal
section.
6. ENVIRONMENTAL
SERVICES13
(The commitments do notinclude environmentalservices supplied in theexercise of governmentalauthority)
14
A. Sewage Services
(CPC 9401)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.
B. Refuse Disposal Services
(CPC 9402)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.
C. Sanitation and Similar
Services
(CPC 9403)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.
                                                     
13 The commitments do not apply to services related to the collection, transportation, storage, secondary use, recycling, restora tion, use in the production of energy and materials, and
disposal of dangerous waste, refuse and substances.
14 These are regulatory, administrative and control services by government and municipal bodies related to environmental issues.TN/S/O/BGR
Page 27Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
D. Other
Monitoring services of
exhaust gases
(part of CPC 9404)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.
Noise pollution monitoringservices
(part of CPC 9405)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.
Nature protection services(part of CPC 9406)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.
7. FINANCIAL SERVICES
Measures Applicable to All Sectors and Subsectors in Financial Services
1. Bulgaria undertakes commitments on Financial Services in accordance with the provisions of the "Understanding on Commitments in Financial Services".
2. The MA commitments in respect of modes 1) and 2) apply only to the transactions indicated in paragraph B.3 and B.4 of the MA section of the Understanding
respectively.
3. The admission to the market of new financial services or produ cts may be subject to the existence of, and consistency with, a  regulatory framework aimed at achieving
the objectives indicated in Article 2(a) of the Financial Services Annex.
4. Insurance or banking activities, as well as securities tradi ng and activities related thereto, are to be carried out separate ly by companies that are licensed for the supply
of such services.
5. As a general rule and in a non-discriminatory manner, financial institutions that incorporate in the Republic of Bulgaria mus t adopt the legal form of joint-stock
companies.
6. The specific commitments on financial services are subject to the general limitations contained in the horizontal section of the Schedule of Specific Commitments on
Trade in Services of the Republic of Bulgaria (GATS/SC/122 as supplemented by GATS/SC/122/Suppl.1).TN/S/O/BGR
Page 28Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
A. All Insurance and
Insurance-Related Services
(a) Life insurance services and
pension fund services1) Unbound, except for services supplied by
foreign suppliers to foreign persons in the
territory of the Republic of Bulgaria.1) Unbound
(b) Non-life insurance services
(except deposit insuranceand similar compensationschemes, as well as
mandatory insurance
schemes
15)2) Bulgarian natural and juridical persons, as
well as foreign persons who conduct businessactivity in the territory of the Republic ofBulgaria, can conclude insurance contracts
only with suppliers with respect to their
activity in Bulgaria, which are licensed toconduct insurance activity in Bulgaria.Insurance compensation resulting from thesecontracts shall be paid in Bulgaria .2) None
                                                     
15 Exclusive service suppliers may be established or au thorized with respect to mandatory insurance schemes.TN/S/O/BGR
Page 29Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
3) The insurance service suppliers cannot be set
up for the supply of both life insurance andnon-life insurance services.  Foreign personscan supply insurance services only through
participation in Bulgarian insurance
companies with no limitation on equityparticipation, as well as directly, through abranch, with registered office in the Republicof Bulgaria, after 31 March 1998.
  The
establishment of branches of foreign insurance
companies is subject to licensing by theNational Insurance Council.
 Financial
Supervision Commission (FSC) .  For
establishing a branch in Bulgaria to providecertain classes of insurance, a foreign insurer
must have been authorized to operate in the
same classes of insurance in its country oforigin for at least five years. The branches offoreign insurance companies should satisfy thefollowing requirements: specific guaranteeand deposit requirements, a separate
capitalization, and localization in the Republic
of Bulgaria of the assets representing thetechnical reserves.3) Insurance funds raised by virtue of insurance
contracts, as well as own capital, must beinvested in the Republic of Bulgaria and may betransferred abroad only subject to a permission
of the Ministry of Finance
 Financial
Supervision Commission (FSC)
Foreign suppliers cannot conclude insurance
contracts with local natural and juridical
persons through brokers.
For a 3-year period after the date of accession
to the WTO companies in which foreign
participation ensures majority in adopting
decisions or blocks the adoption of decisions,
directly or through other companies, cannot
supply insurance services.
1),3)Transport insurance, covering goods,
insurance of vehicles as such and liabilityinsurance regarding risks located in the
Republic of Bulgaria may not be underwritten
by foreign insurance companies directly. Aforeign insurance company may concludeinsurance contracts only through a branch.TN/S/O/BGR
Page 30Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
4) Unbound, except as indicated in the Measures
Applicable to All Sectors and Subsectors inFinancial Services.4) Unbound, except as in the Measures Applicable
to All Sectors and Subsectors in FinancialServices.
(c) Reinsurance and
retrocession
Life and non-life
reinsurance services1) None
2) Unbound
3) The reinsurance service suppliers cannot be
set up for the supply of both life and non-lifereinsurance services.Foreign persons can supply insurance services
only through participation in Bulgarian
insurance companies with no limitation onequity participation. Foreign reinsurancecompanies may supply directly reinsuranceservices through a branch, with registeredoffice in the Republic of Bulgaria, after 31
March 1998.   The establishment of branches
of foreign insurance companies is subject tolicensing by the National Insurance Council
.
Financial Supervision Commission (FSC)1) None
2) Unbound
3) Reinsurance funds raised by virtue of
reinsurance contracts, as well as own capital,must be invested in the Republic of Bulgariaand may be transferred abroad only subject to
permission of the Ministry of Finance
Financial Supervision Commission (FSC).
Foreign suppliers cannot conclude reinsurance 
contracts with local natural and juridical persons through brokers.
For a 3-year period after the date of accession
to the WTO companies in which foreign
participation ensures majority in adopting
decisions or blocks the adoption of decisions,
directly or through other companies, cannot
supply reinsurance services.
4) Unbound, except as indicated in the Measures
Applicable to All Sectors and Subsectors in
Financial Services.4) Unbound, except as indicated in the Measures
Applicable to All Sectors and Subsectors in
Financial Services.TN/S/O/BGR
Page 31Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
(d) Insurance Intermediation
(e) Services auxiliary to
insurance, such as
consultancy, actuarial, risk
assessment and claimsettlement services1) Unbound
2) Unbound3) Only trade companies , registered in the
Republic of Bulgaria under the Trade Law,
and licensed by the National Insurance
Council  Financial Supervision Commission
(FSC)  may conduct intermediation activity.
Services auxiliary to insurance have to relateto insurance.
Unbound for the actuarial services
4) Unbound1) Unbound
2) Unbound3) None
4) UnboundTN/S/O/BGR
Page 32Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
B. Banking and Other
Financial Services
(Excluding Insurance)
Banking services as listed
below:
Acceptance of deposits and
other repayable funds fromthe public
Lending, such as consumer
credit, mortgage credit,factoring and financing ofcommercial transactions1) Unbound
2) Unbound
3) Foreign banks that are to be established in the
Republic of Bulgaria must be duly authorized
under their national law and must not be
prohibited from performing banking activitiesin their country of origin and in the countrieswhere they operate. Unbound for caissespopulaires.1) Unbound
2) Unbound
3) None, except for those in the Market Access
column.
Payment and money
transmission services
- Guarantees, excluding
guarantees of the StateTreasury
- Financial leasingAcquisition, directly or indirectly, of shares
representing 5 per cent or higher of the voting
rights of an established bank is subject to anauthorization by the Bulgarian National Bank.Criteria for authorization are prudential andare consistent with the obligations of ArticlesXVI and XVII of the GATS.
The direct or indirect acquisition of
participation in non-financial enterprise
 a
company that is not a bank by a bank of
more than 10 per cent of the capital of thisenterprise is subject to the approval
authorization  of the Bulgarian National Bank.
Exclusive service suppliers status may be
granted as to deposit and money transmissionservices provided to budgetarily financedpublic institutions.
Condition for permanent residence with
respect to executive directors of the managing
body who act on behalf and for the account ofa bank.
4) Unbound, except as in the Measures
Applicable to All Sectors and Subsectors inFinancial Services and in 3) above.4) Unbound, except as indicated in the Measures
Applicable to All Sectors and Subsectors inFinancial Services.TN/S/O/BGR
Page 33Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
Other financial services as
listed below:
1) Unbound
2) Unbound
3) Bound for investment intermediaries,
investment companies and stock exchangesestablished as joint stock companies licensedby the Securities and Stock Exchange
Commission State (SSEC)  Financial
Supervision Commission (FSC) . The grant of
the relevant licence is related to themanagement and technical requirements aswell as requirements related to the protectionof investors.1) Unbound
2) Unbound
3) None, except for those in the Market Access
column. Participation in issuance ofsecurities, including
underwriting of securities,
excluding treasury bonds
Trading for own and
customers account of
transferable securities
Asset management
(excluding pension fundmanagement)
Stock exchange JSC:
Conditions of minimum capital (BGL 100
mln.)BGN 100 000 ; not less than 2/3 of the
capital distributed among financial institutions
(insurance companies, financial houses,
investment intermediaries)  institutional
investors (banks, in surance companies,
investment companies) and investment
intermediaries ; a 5 per cent ceiling of the
capital of the Stock Exchange for direct orindirect participation by a shareholder.
Investment intermediaries:
None for investment intermediary activitieseffected on the territory of the Republic ofBulgaria, unless otherwise permitted by SSEC
Financial Supervision Commission (FSC).TN/S/O/BGR
Page 34Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
Condition for membership at the stock
exchange for trading with securities at a stockexchange. The membership of an investmentintermediary is limited to one stock exchange
only in Bulgaria.
Investment companies:
The activities of a bank, insurance company orof an investment intermediary are not to beconducted by an investment company.
4) Unbound, except as indicated in the Measures
Applicable to All Sectors and Subsectors in
Financial Services.4) Unbound, except as in the Measures Applicable
to All Sectors and Subsectors in Financial
Services.
Provision and transfer offinancial information andfinancial data processing
and related software by
suppliers of other financialservices.
Financial consultancy
services1) None, except for the limitations and
conditions relating to the use oftelecommunications network listed in the
respective sector of the Schedule of Specific
Commitments on Trade in Services of theRepublic of Bulgaria (GATS/SC/122 assupplemented by GATS/SC/122/Suppl.1).
2) None, except as specified in 1) above.3) None, except as specified in 1) above.
4) Unbound, except as in the Measures
Applicable to All Sectors and Subsectors inFinancial Services.1) None
2) None
3) None
4) Unbound, except as indicated in the Measures
Applicable to All Sectors and Subsectors inFinancial Services.
8. HEALTH RELATED AND
SOCIAL SERVICES
C. Social Services
Privately funded socialservices
(part of CPC 933)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/BGR
Page 35Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
9. TOURISM AND TRAVEL
RELATED SERVICES
A. Hotels and Restaurants
(Including Catering)
Hotels and Restaurants
(incl. catering, except foralcoholic beverages servingservices for consumption
on the premises and for
catering in the means oftransportation by air, landand sea)(CPC 641, part of 642, partof 643)1) Unbound*
2) None
3) None other than:
The suppliers are to be established ascompanies incorporated in the Republic ofBulgaria with no foreign equity participationceiling.  Tourist service licence issued by the
Committee on Tourism
 Minister of Economy .
The number of foreign managers is not toexceed the number of the managers who areBulgarian citizens, in cases where the public(state and/or municipal) share in the equitycapital of a Bulgarian company exceeds 50 per
cent. The provision of tourist guides' services
is to be effected thro ugh authorized foreign
persons.1) Unbound*
2) None
3) None
4) Unbound, except as indicated in the horizontal
section.4) Unbound, except as indicated in the horizontal
section, but taking into account the limitationson market access in 3) herein.TN/S/O/BGR
Page 36Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
B. Travel Agencies and Tour
Operators' Services
(CPC 7471)1) Unbound*
2) None
3) None other than:
The suppliers are to be established as 
companies incorporated in the Republic of 
Bulgaria with no foreign equity participation ceiling.1) Unbound*
2) None
3) None
Tourist service licence issued by the
Committee on Tourism  Minister of Economy .
The number of foreign managers is not to
exceed the number of the managers who are
Bulgarian citizens, in cases where the public(state and/or municipal) share in the equitycapital of a Bulgarian company exceeds 50 percent.  The provision of tourist guides’ servicesis to be effected thro ugh authorized foreign
persons.
4) Unbound, except as indicated in the horizontal
section and in 3) above.4) Unbound, except as indicated in the horizontal
section, but taking into account the limitationson market access in 3) herein.TN/S/O/BGR
Page 37Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
10. RECREATIONAL,
CULTURAL ANDSPORTING SERVICES
16
A. Entertainment Services
Entertainment services
(other than circus,amusement park andsimilar attraction services,
ballroom, discotheque and
dance instructor services,gambling  and gamblingrelated services, lotteriesand other not specifiedelsewhere services)
(CPC 96191, 96192,
96193)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
SERVICES17
C. Air Transport Services
(d) Maintenance and repair of
aircraft(part of CPC 8868)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.
Sales and marketing,
including computerreservation systems1) 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.
                                                     
16 Other than audiovisual services.
17 The transportation (incl. transit transportation) of waste a nd refuse, dangerous goods, substances and materials, military or paramilitary equipment, drugs and similar goods is
governed by special rules and is excluded from the range of services that are subject of commitments in this sector. The same a pplies also to all services re lating to such transportation.TN/S/O/BGR
Page 38Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
E. Rail Transport Services
(d) Maintenance and repair of
rail transport equipment(part of CPC 8868)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.
F. Road Transport Services
(d) Maintenance and repair of
road transport equipment
Maintenance and repairservices of motor vehicles(CPC 6112, part of 8867)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.
H. Services Auxiliary to All
Modes of Transport
(b) Storage and warehouse
services
Storage and warehouse
services auxiliary to road
transport
(part of CPC 742)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/BGR
Page 39Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons
Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
c),d)Freight transport agency
services and othersupporting and auxiliarytransport services,
excluding local pack up and
delivery(CPC 748 and part of CPC749)1) None other than commercial presence required
2) None other than commercial presence required3) None other than:
Foreign persons can supply services only
through participation in Bulgarian companies
with 49 per cent limitation on equityparticipation and through branches.
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/BGR
Page 40
ANNEX
ADDITIONAL COMMITMENTS
SCHEDULE OF COMMITMENTS ON BASIC TELECOMMUNICATIONS
REPUBLIC OF BULGARIA
SCOPE
The following are definitions and principles on th e regulatory framework for the basic communications
services.
DEFINITIONS
Users mean service consumers and service suppliers.
Essential facilities  mean facilities of a public telecommunica tions transport 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 technically 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 compe titors with anti-competitive results; and
(c) not making available to other services suppliers on a timely basis technical information
about essential facilities and commercially relevant information which are necessary for
them to provide services.TN/S/O/BGR
Page 41
2. INTERCONNECTION
2.1. This section applies to linking with supplie rs 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 are
undertaken.
2.2. Interconnection to be ensured
Interconnection with a major supplier will be ensured at any technically feasible point in the network.
Such interconnection is provided:
(a) under non-discriminatory terms, conditi ons (including technical 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 its
subscribers or other affiliates;
(b) in a timely fashion, on terms, conditions  (including technical standards and
specifications) and cost-oriented rates that ar e transparent, reasonable, having regard to
economic feasibility, and sufficiently unbundled so that the supplier need not pay for
network components or facilities that it does not  require for the service to be provided;
and
(c) upon request, at points in addition to th e network termination points offered to the
majority of users, subject to charges that reflect the cost of construction of necessary
additional facilities.
2.3. Public availability of the procedures for interconnection negotiations
The procedures applicable for interconnection to a major supplier will be made publicly available.2.4. Transparency of interconnection arrangements
It is ensured that a major supplier will make publicly available either its interconnection agreements or a
reference interconnection offer.
2.5. Interconnection: dispute settlement
A service supplier requesting interconnection with a major supplier will have recourse, either:
(a) at any time or
(b) after a reasonable period of time which has been made publicly knownto 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.
3. UNIVERSAL SERVICE
Any Member has the right to define the kind of unive rsal service obligation it wishes to maintain. Such
obligations will not be regarded as anti-competitive per se , provided they are administered in a
transparent, non-discriminatory and competitively neutral manner and are not more burdensome than
necessary for the kind of universal service defined by the Member.TN/S/O/BGR
Page 42
4. PUBLIC AVAILABILITY OF LICENSING CRITERIA
Where a license is required, the following will 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 license and
(b) the terms and conditions of individual licenses.
The reason for the denial of a license will be made known to the applicant upon request.5. INDEPENDENT REGULATORS
The regulatory body is separate from, and not acc ountable to, any supplier of basic telecommunications
services. The decisions of and the procedures used by  regulators shall be impartial with respect to all
market participants.
6. ALLOCATION AND USE OF SCARCE RESOURCESAny procedure for the allocation and use of scarce resources, including frequencies, numbers and rights
of way, will be carried out in an objective, timely, transparent and non-discriminatory manner. The
current state of allocated frequency bands will be made publicly available, but detailed identification of
frequencies allocated for specific government uses is not required.
_______________TN/S/O/BGR
Page 43THE REPUBLIC OF BULGARIA - LIST OF ARTICLE II (MFN) EXEMPTIONS
Sector or Sub-sectorDescription of measure indicating its
inconsistency with Article IICountries to which the
measure appliesIntended durationConditions creating the need
for the exemption
Audiovisual Services -
Production and Distribution
of Cinematographic Worksand Television ProgrammesMeasures based upon
government-to-government framework
agreements and bilateral and plurilateralagreements on co-production of audiovisualworks, which confer national treatment toaudiovisual works covered by these
agreements, in particular in relation to
distribution and access to funding.All countries with which
cultural co-operation may
be desirable or alreadyexists, and with whichsuch agreements arealready concluded or in
the process of conclusionIndefinite Promotion of cultural links
between the countries
concerned, as well aspromotion of greater diversityof foreign audiovisual works in
the Bulgarian market.
Audiovisual Services -
Production and Distributionof Cinematographic andOther Audiovisual Works,
and Radio and Television
Programmes.Measures taken for the implementation of, and
in conformity with, preferential agreements andfinancial and/or other support programmessuch as the Convention on Transfrontier
Television of the Council of Europe, the Action
Plan for Advanced Television Services,MEDIA or EURIMAGES, which treat worksand programmes of European origin, wherethese works or programmes meet certainlinguistic and origin criteria, in such a way that
they enjoy national treatment with respect to
support and/or access to broadcasting or similarforms of transmission.European countries Indefinite Promotion of cultural
exchanges within Europe,which are based upon
traditional cultural links.
Passenger and Freight
Transportation on Internal
WaterwaysMeasures taken under existing or future
agreements which govern access and/or traffic
rights and the terms of conduct of this kind of
economic activity in the territory of theRepublic of Bulgaria or between the countrieswhich are parties to the correspondingagreements including agreements relating to the
use of the Rhine-Main-Danube system.All countries with which
agreements are or will be
in forceIndefinite Protection of the integrity of
the infrastructure, as well as
environmental protection, and
regulation of traffic rights inthe territory of the Republic ofBulgaria and between the
countries concerned.TN/S/O/BGR
Page 44Sector or Sub-sectorDescription of measure indicating its
inconsistency with Article IICountries to which the
measure appliesIntended durationConditions creating the need
for the exemption
Passenger and Freight
Transportation by RailMeasures taken under existing or future
agreements which govern access and/or trafficrights and the terms of conduct of this kind of
economic activity in the territory of the
Republic of Bulgaria or between the countrieswhich are parties to the corresponding
agreements.All countries with which
agreements are or will be
in forceIndefinite Protection of the integrity of
the infrastructure, as well asenvironmental protection, and
regulation of traffic rights in
the territory of the Republic ofBulgaria and between thecountries concerned, takingaccount the regional specificity
of this kinds of services.
Road Passenger and Freight
TransportationMeasures taken under existing or future
agreements which reserve and/or restrict the
supply of these kinds of transportation services
and specify the terms and conditions of thissupply, incl. transit permits and/or preferentialroad taxes, in the territory of the Republic ofBulgaria or across the borders of the Republicof Bulgaria.All countries with which
agreements are or will be
in forceIndefinite Protection of the integrity of
the infrastructure, as well as
environmental protection, and
regulation of traffic rights inthe territory of the Republic ofBulgaria and between thecountries concerned.
Road Passenger and FreightTransportationVehicle tax and VAT-exemption on the basis
of conventions or on the grounds of de factoreciprocity limited to the countries indicated incolumn 3.Austria and other
European countriesIndefinite Reciprocity. Historical links
and specific regional aspects.
Maritime Transport Preferential treatment of national lines
belonging to countries which are parties to theUN Convention on a Code of Conduct on LinerConference.The parties to the UN
Convention on a Code ofConduct on LinerConference.Indefinite International agreement.
Maritime Transport: Cargo
Sharing between BilateralPartnersEquality in freight liftings originating in the
ports of partners to the agreement and equalityin freight earnings.India and other countries
with which bilateral cargosharing agreements are orwill be concludedIndefinite Bilateral international
agreements in the context ofoverall trade relations.TN/S/O/BGR
Page 45Sector or Sub-sectorDescription of measure indicating its
inconsistency with Article IICountries to which the
measure appliesIntended durationConditions creating the need
for the exemption
Sales and Marketing
Services for Air Transport,Including CRSThe obligations relating to transport services
shall not apply where equivalent treatment ofBulgarian suppliers of like services is not
accorded in the country of origin of the foreign
service supplier.All countries Indefinite The aim of the application of
such a measure is to guaranteeequal access to the market of
other countries for Bulgarian
suppliers of such kinds ofservices.
Cargo-Handling Servicesand Storage and WarehouseServices in Sea and River
Harbours, Including
Services Relating toContainers and Goods inContainersThe right to supply these kinds of services is
granted upon a reciprocity basis and underbilateral agreements with the countries
concerned.All countries Indefinite The aim of the application of
such a measure is to guaranteeequal access to the market of
other countries for Bulgarian
suppliers of such kinds ofservices
Legal Services Full national treatment on the establishment
and operation of companies, as well as on the
provision of services by foreign citizens, maybe extended only to companies established in,and citizens of, the countries listed in column 3.Countries with which
preferential arrangements
are or will be concludedIndefinite Obligations under international
agreements.
Medical and DentalServicesPublic medical insurance, subsidization and
compensation plans and programs, which coverthe cost and expenses relating to medical anddental services provided to foreign citizens in
the territory of the Republic of Bulgaria, are
granted on the basis of reciprocity in theframework of bilateral agreements.Countries with which such
bilateral agreements are or
will be concluded.Indefinite Obligations under international
agreements.
_______________TN/S/O/BGR
Page 46
UNDERSTANDING ON THE SCOPE OF COVERAGE OF CPC 84 –
COMPUTER AND RELATED SERVICES
(i) CPC 84 covers the basic functions used to provide all computer and related services:
computer programs defined as the sets of instructions required to make computers work and
communicate (including their development and impl ementation), data processing and storage, and
related services, such as consultancy and training  services for staff of clients. Technological
developments have led to the increased offering of these services as a bundle or package of related
services that can include some or all of these basic functions. For example, services such as web or
domain hosting, data mining services and grid computing each consist of a combination of basiccomputer services functions.
(ii) Computer and related services, regardless of whether they are delivered via a network,
including the
Internet, include all services that provide:
• consulting, strategy, analysis, planning, specif ication, design, development, installation,
implementation, integration, testing, debugg ing, updating, support, technical assistance, or
management of or for computers or computer systems; or
• computer programs defined as the sets of instructions required to make computers work
and communicate (in and of themselves), plus  consulting, strategy, analysis, planning,
specification, design, development, installation, implementation, integration, testing,
debugging, updating, adaptation, maintenance, support, technical assistance, management
or use of or for computer programs; or
• data processing, data storage, data hosting or database services; or
• maintenance and repair services for office machinery and equipment, including computers;
or,
• training services for staff of clients, related to computer programs, computers or computer
systems, and not elsewhere classified.
(iii) Computer and related services enable the provision of other services (e.g., banking) by both
electronic and other means. However, there is an important distinction between the enabling
service (e.g., web-hosting or application hosting) and the content or core service that is being
delivered electronically (e.g., banking).
In such cases, the content or core service is not covered by CPC 84.
__________