RESTRICTEDWORLD TRADE
ORGANIZATIONTN/S/O/URY
4 April 2003
(03-1894)
Council for Trade in Services
Special SessionOriginal:  Spanish
URUGUAY
Initial Offer
The following initial offer was received from the Delegation of Uruguay on 31 March 2003
with the request that it be circulated to members of the Council for Trade in Services.
_______________
Notes:
1. This initial offer is not a legal text and is submitted solely for the purpose of negotiation in the
context of paragraphs 47 and 49 of the Doha Ministerial Declaration, especially in light of the need toachieve an overall balance in the outcome of all the negotiations in the World Trade Organization
(WTO).  It is therefore conditional upon such a balance, meaning that Uruguay reserves the right to
modify and/or withdraw this initial offer during the course of the negotiations.
2. As regards issues relating to domestic regulation and GATS rules, Uruguay prioritizes the
negotiation of horizontal disciplines in the framework of paragraph 7 of the Guidelines and
Procedures for the Negotiations (S/L/93).
3. Considering the proposal on postal servic es presented by MERCOSUR and Bolivia
(S/CSS/W/108 of 26 September 2001) and the ongoing discussions on classification of this subsector,
Uruguay reserves the right to modify its initial offer in this respect during the course of the
negotiations.
4. Uruguay is in the process of ratifying the Fifth Protocol to the GATS relating to financial
services, and the corresponding commitments will be included in the offer upon completion of theratification process.TN/S/O/URY
Page 2URUGUAY – INITIAL OFFER OF SPECIFIC COMMITMENTS
(see Notes on previous page)
Modes of supply: (1) Cross-border supply (2)   Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or subsector Limitations on market acces s Limitations on nation al treatment Additional
commitments
I. HORIZONTAL COMMITMENTS
ALL SECTORS INCLUDEDIN THIS SCHEDULE
(4) Unbound, except for measures affecting
the entry and temporary stay of natural
persons in the following categories:
(a) Managers :  Persons within an enterprise
or organization who pr imarily direct the
organization, whether department or
subdivision of the organization.  Theysupervise and control the work of other
supervisory, professional or managerial
employees.  They have the authority to
hire and fire or recommend hiring/firing
or other personnel actions (such aspromotion or leave authorization).  They
exercise discretionary authority over day-
to-day operations.  This term does not
include first line supervisors, unless the
employees supervised are professionals,nor does it include employees who
primarily perform tasks necessary for the
production of the service.(4) Unbound, except for measures concerning
categories of natural persons indicated in
the column on market accessTN/S/O/URY
Page 3Modes of supply: (1) Cross-border supply (2)   Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or subsector Limitations on market acces s Limitations on nation al treatment Additional
commitments
(b) Executives :  Persons within an
organization who primarily direct themanagement of the organization.  They
exercise wide latitude in decision making
and receive only general supervision or
direction from higher level executives, the
board of directors or stock holders.Executives would not directly perform
tasks related to the provision of the
service or services of the organization.
(c) Specialists :  Persons within an enterprise
or organization who possess knowledge at
an advanced level of expertise and whopossess proprietary knowledge of the
organization's service, research equipment
or management.
II. SECTOR-SPECIFIC COMMITMENTS
1. BUSINESS SERVICES
B. Computer and related
services
(a) Consultancy services
related to the installation
of computer hardware(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 sectionTN/S/O/URY
Page 4Modes of supply: (1) Cross-border supply (2)   Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or subsector Limitations on market acces s Limitations on nation al treatment Additional
commitments
(b) Software
implementation services(842)(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) Data processing services
(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
(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
(e) Other
(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
D. Real estate services
(a) Involving own or leased
property(8210)(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 sectionTN/S/O/URY
Page 5Modes of supply: (1) Cross-border supply (2)   Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or subsector Limitations on market acces s Limitations on nation al treatment Additional
commitments
(b) On a fee or contract
basis
(8220)(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. Rental/leasing services
without operators
(831)
(a) Relating to private cars
without operator
(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
(b) Relating to other
machinery and
equipment without
operator
(83106 + 83109)(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) Other
(832)
(83201, 83203, 83204 &
83209)(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 sectionTN/S/O/URY
Page 6Modes of supply: (1) Cross-border supply (2)   Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or subsector Limitations on market acces s Limitations on nation al treatment Additional
commitments
F. Other business services
(a) Advertising services
(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 pollingservices
(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
(8650)(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
(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 sectionTN/S/O/URY
Page 7Modes of supply: (1) Cross-border supply (2)   Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or subsector Limitations on market acces s Limitations on nation al treatment Additional
commitments
(k) Placement and supply
services of personnel(872)(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) Building-cleaning
services
(874)(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
(p) Portrait photography
services
(87501)(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
(p) Advertising and
related photography
services(87502)(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
(p) Action photograph
services(87503)(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
(p) Photography
processing services
(87505)(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 sectionTN/S/O/URY
Page 8Modes of supply: (1) Cross-border supply (2)   Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or subsector Limitations on market acces s Limitations on nation al treatment Additional
commitments
(p) Restoration, copying
and retouchingservices of
photography
(87507)(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
(p) Other photographic
services
(87509)(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
(q) Packaging services
(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
(s) Convention services
(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) Other business services
(8790)(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
(t1) Translation and
interpretation services
(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 sectionTN/S/O/URY
Page 9Modes of supply: (1) Cross-border supply (2)   Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or subsector Limitations on market acces s Limitations on nation al treatment Additional
commitments
(t2) Interior design services
(87907)(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
2. COMMUNICATION
SERVICES
B. Courier services
Private mail and courier
services(1), (3) The National Post Office
Communication Services Regulatory
Unit (URSEC)  grants operating
licences of a precarious character
which lapse at the end of three years
unless prior to its lapse the licence-
holding enterprise indicates itsintention to renew it.
(2) None
(4) Unbound, except as indicated in the
horizontal section(1) None
(2) None
(3) None
(4) Unbound, except as indicated in the
horizontal sectionTN/S/O/URY
Page 10Modes of supply: (1) Cross-border supply (2)   Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or subsector Limitations on market acces s Limitations on nation al treatment Additional
commitments
7. FINANCIAL
SERVICES
B. Banking and other
financial services
(excluding insurance)
(a) Acceptance of deposits
and other repayable
funds from the public
(81115-81119)(1), (2) None
(3) For banks, commercial presence is subject
to the following quantitative limit:  "in
any one year the number of authorizations
for new banks to operate may not exceed
10 per cent (ten per cent) of the banks
existing in the year immediatelypreceding.  This provision applies
exclusively to those institutions which are
defined by the law as banks and does not
affect other financial intermediation
enterprises.
Financial intermediation enterprises
comprise: banks, financial intermediation
co-operatives, finance houses, off-shore
financial institutions, consortiummanagers, and investment banks.  The
banks carry out all types of financial
operations and, jointly with the financial
intermediation co-operatives, are the only
ones authorized:(1), (2) None
(3) None
(a) to accept current account deposits
and allow them to be drawn on
against cheques;
(b) to accept demand deposits;
(c) to accept term deposits from
residents.TN/S/O/URY
Page 11Modes of supply: (1) Cross-border supply (2)   Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or subsector Limitations on market acces s Limitations on nation al treatment Additional
commitments
The finance houses may carry out allfinancial intermediation activities, exceptthose restricted to the banks and co-
operatives, drawing their resources
exclusively from non-residents.
The off-shore financial institutions
operate exclusively with non-residents.
The consortium management firms are
those which organize or manage groups,
associations or consortia whose members
contribute funds to be applied, mutually
or jointly, for the purchase of particular
goods or services.
The investment banks may only accept
deposits from and extend loans to non-
residents for terms of more than one year;
issue negotiable bonds or debentures;
finance the issue of or place securities,
bonds, debentures, stocks and shares on
behalf of non-financial enterprises;
acquire shares or capital interests inenterprises for the purpose of launching
investment projects or reorganization,
development or conversion schemes;
accept and place bills linked with those
enterprises and carry out bank girooperations with them (except for
accepting current account deposits);
medium and long-term credits and loans;
arrange bonds, references, guarantees and
security; do trust and commissionbusiness and advise on investments and
business administration.TN/S/O/URY
Page 12Modes of supply: (1) Cross-border supply (2)   Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or subsector Limitations on market acces s Limitations on nation al treatment Additional
commitments
(4) Unbound, except as indicated in the
horizontal section(4) Unbound, except as indicated in the
horizontal section
(c) Financial leasing with
purchase option
(8112)(1), (2) None
(3) Limitation as (a) acceptance of deposits
(4) Unbound, except as indicated in the
horizontal section(1), (2) None
(3) None
(4) Unbound, except as indicated in the
horizontal section
(k) Advisory and other
auxiliary financial
services on all theactivities listed in
Article 1B of
MTN.TNC/W/50,
including credit
reference and analysis,investment and portfolio
research and advice,
advice on acquisitions
and on corporate
restructuring and
strategy
(8131 and 8133)(1), (2) None
(3) Limitation as (a) acceptance of deposits
(4) Unbound, except as indicated in the
horizontal section(1), (2) None
(3) None
(4) Unbound, except as indicated in the
horizontal sectionTN/S/O/URY
Page 13Modes of supply: (1) Cross-border supply (2)   Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or subsector Limitations on market acces s Limitations on nation al treatment Additional
commitments
9. TOURISM AND
TRAVEL RELATED
SERVICES
A. Hotels and restaurants
(including caterer
services providing meals
from outside)(641-643)(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. Travel agencies and
tour-operator services
(74710)(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. Tourist guide services
(74720)(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
10. RECREATIONAL,
CULTURAL AND
SPORTING SERVICES(other than audiovisual
services)
A. Entertainment services
(including theatre, livebands and circusservices)(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 sectionTN/S/O/URY
Page 14Modes of supply: (1) Cross-border supply (2)   Consumption abroad (3) Commercial presence (4) Presence of natural persons
Sector or subsector Limitations on market acces s Limitations on nation al treatment Additional
commitments
11. TRANSPORT
SERVICES
H. Services auxiliary to all
modes of transport
(b) Storage and warehouse
services(742)
(except the regime of
fiscal storage or
warehousing)(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/URY
Page 15URUGUAY - FINAL LIST OF ARTICLE II (MFN) EXEMPTIONS
Sector or subsector Description of measure
indicating its inconsistency
with Article IICountries to which the
measure appliesIntended duration Conditions creating the need
for the exemption
Land transport
(cross-border supply)
Bilateral investment
promotion and
protection agreementsThe International Land
Transport Convention, signed
by Uruguay, provides for
national treatment for
authorized suppliers or
signatories in respect ofinternational transport of
passengers and freight.
The provisions of such
agreements guarantee
investors from the other
contracting party freedom to
transfer and invest capital and
any other sum related toinvestments.  They also
guarantee investors against
the non-commercial risks to
which their investments are
exposed.Member countries:  Argentina,
Bolivia, Brazil, Chile,
Paraguay, Peru and Uruguay.
Countries with which
Uruguay has investment
promotion and protection
agreements.Indefinite
IndefiniteThe purpose of the Convention
is to facilitate transport among
neighbouring countries within
the "Southern Cone" on the
basis of reciprocal treatment
for suppliers of these services.
Bilateral agreements to
provide improved conditions
of legal security for the
investment of foreign capital
in Uruguay.
__________