RESTRICTED
WORLD TRADE WT/ACC/SPEC/KGZ/3
5June1997
ORGANIZATION(97-2357)
Working Party ontheAccession Original: English
oftheKyrgyz Republic
ACCESSION OFTHE KYRGYZ REPUBLIC
Information onPolicy Measures Affecting Trade inServices
Thefollowing information onPolicy Measures Affecting Trade inServices hasbeenreceived
from theGovernment oftheKyrgyz Republic, withtherequest thatitbecirculated tomembers of
theWorking Party.WT/ACC/SPEC/KGZ/3
Page2TABLE 1:Measures Relating toMarket Access
Mode (s)ofSupply:
1.Cross-border supply 2.Consumption abroad 3.Commercial presence 4.Presence ofnatural persons 5.Relationship between modes ofsupply
A. HORIZONTAL
Measures Relevant Laws andRegulations
Nomeasures
B. SPECIFIC SERVICE SECTOR ORSUB-SECTOR
Measures Relevant Laws andRegulations
1. COMMERCIAL SERVICES
A. Professional services
a) Legal services 3.Theadvocate services maybeprovided onlyby
thecitizens oftheKyrgyz Republic. Only anadvocate
hastheright toprovide legal services inconnection
withcriminal matters.TheLawonRegulation ofAdvocates ofthe
Kyrgyz Republic of11November 1980
TheLawonAdvocates oftheUSSR of
30November 1979
b) Accounting, Auditing andBookkeeping
services3.License ontheright toengage inauditing activity
maybegranted onlytocitizens oftheKyrgyz
Republic. However, aforeign entity mayobtain an
auditing license ifitemploys anindividual holding a
licenseTemporary Regulations onAuditing Activity ofthe
Cabinet ofMinisters Resolution No33of26
January 1993
TheRegulation ontheLicensing Procedure for
Auditing Activity; andtheRegulations onthe
Testing Required forObtaining anAuditing
License issued bytheMinistry ofEconomy and
Finance on13September 1993
2. COMMUNICATION SERVICES
c) Telecommunication services 3.Providing longdistance andinternational
communication services isprohibited without
interconnection toKyrgyztelecom ’snetwork.TheResolution oftheCabinet ofMinisters
No.167of16May 1995 entitled OntheWork of
theMinistry ofCommunication fortheRealization
oftheFirst Telecommunication Project Funded by
theWorld Bank/IDA andtheEuropean Bank for
Reconstruction andDevelopmentWT/ACC/SPEC/KGZ/3
Page33. CONSTRUCTION AND RELATED
ENGINEERING SERVICES3.Foreign service suppliers areprohibited todeal
withimplementation ofinternational contracts infull
scale without participation ofentities oftheKyrgyz
RepublicTheLawonTown-building andArchitecture in
Kyrgyz Republic of11June 1994.
7. FINANCIAL SERVICES
a) AllInsurance andInsurance -Related
Services1.Foreign insurance companies maynotprovide
insurance services unless registered asaKyrgyz legal
entity.
1.Nomore than95% ofinsured riskcanbe
reinsured abroad.
3.Providing agency ’sandbrokerage services for
non-resident insurance companies isprohibited.TheRegulations ontheProcedure forRegistering
andLicensing Insurance Companies issued bythe
Kyrgyz State Insurance Inspectorate of29January
1993.
TheCabinet ofMinister ’sresolution No475of
16October 1996 ontheMeasures toProtect the
National Insurance Market.
b) Banking andOther Financial Services
(Excluding Insurance)3.Branches maybeopened onlybyfirst-class
foreign banks.TheRegulation oftheNational Bank ofthe
Kyrgyz Republic ontheActivity of
Representations ofForeign Banks ontheTerritory
oftheKyrgyz Republic of30June 1994.
ii) Lending ofalltypes, including inter alia,
consumer credit, mortgage credit, factoring
andfinancing ofcommercial transactions3.Lombard maybeorganized onlyintheform ofa
company withadditional liability orfullpartnership.TheRegulation ontheProcedure ofIssuing a
License oftheNational Bank oftheKyrgyz
Republic toaLombard approved bytheResolution
oftheNational Bank oftheKyrgyz Republic of30
December 1994.
vi) Trading forownaccount orforaccount of
customers; whether onanexchange, inan
over-the-counter market orotherwise, the
following: -money market instruments
(Cheques, bills, certificate ofdeposits, etc.);
-foreign exchange; -derivative products
include, butnotlimited tofutures and
options; -exchange rateandinterest rate
instruments, including products such as
swaps, forward rateagreements, etc.; -
transferable instruments andfinancial assets,
including bullion3.Investment Funds maybeorganized onlyinthe
form ofopened joint-stock companies.TheRegulation onInvestment Funds, approved by
theResolution oftheCabinet ofMinisters No.55
of22February 1995.WT/ACC/SPEC/KGZ/3
Page4 11. TRANSPORT SERVICES
iii) AirTransport Services 1.Foreign airtransport companies arenotpermitted
toprovide domestic airtransportation services.
3.Nomore than49% ofaKyrgyz legal entity
offering airtransportation services maybeowned by
foreigners.AirCode oftheKyrgyz Republic of
15April 1994.
OTHER SERVICES NOT INCLUDED ELSEWHERE
i) Services inthesphere ofindustrial property 3.4.Only acitizen oftheKyrgyz Republic, whois
permanently residing intheKyrgyz Republic, hasa
right toprovide services (inthesphere ofindustrial
property) asapatent agent.Theregulation onthePatent Agents, approved buy
theresolution No12of26August 1993 ofthe
State Committee onScience andNew
Technologies oftheKyrgyz RepublicWT/ACC/SPEC/KGZ/3
Page5TABLE 2:Measures Relating toNational Treatment
Mode (s)ofSupply:
1.Cross-border supply 2.Consumption abroad 3.Commercial presence 4.Presence ofnatural persons 5.Relationship between modes ofsupply
A. HORIZONTAL
Measures Relevant Laws andRegulations
Nomeasures
B. SPECIFIC SERVICE SECTOR ORSUB-SECTOR
Measures Relevant Laws andRegulations
7. FINANCIAL SERVICES
b) Banking andOther Financial Services
(Excluding Insurance)Theminimum charter capital forbanks without
foreign participation isUS$800,000; andforbanks
withforeign participation isUS$1,600,000.
3.Branches maybeopened onlybyfirst-class
foreign banks.TheRegulation oftheNational Bank ofthe
Kyrgyz Republic OntheIncrease oftheCapital
Required forCommercial Banks intheKyrgyz
Republic of9August 1995.
TheRegulation oftheNational Bank ofthe
Kyrgyz Republic ontheActivity of
Representations ofForeign Banks ontheTerritory
oftheKyrgyz Republic of30June 1994.
12. OTHER SERVICES NOT INCLUDED ELSEWHERE
i) Services inthesphere ofindustrial property 3.4.Only acitizen oftheKyrgyz Republic, whois
permanently residing intheKyrgyz Republic, hasa
right toprovide services (inthesphere ofindustrial
property) asapatent agent.Theregulation onthePatent Agents, approved
buytheresolution No12of26August 1993 ofthe
State Committee onScience andNew
Technologies oftheKyrgyz RepublicWT/ACC/SPEC/KGZ/3
Page6TABLE 3:Measures Relating toMost-Favoured -Nation Treatment (MFN)
Mode (s)ofSupply:
1.Cross-border supply 2.Consumption abroad 3.Commercial presence 4.Presence ofnatural persons 5.Relationship between modes ofsupply
A.HORIZONTAL
Measures Relevant Laws andRegulations
ALL SERVICE SECTORS 4.ForCIScitizens noentry visaisrequired.
Citizens from other countries arerequired toobtain
entry visas.TheLawoftheKyrgyz Republic No.1299-XII
ontheProcedure ofStaying ofForeign Citizens
intheKyrgyz Republic of14December 1993.
TheAgreement onFree Entrance andMovement
ofCIS’Citizens within theTerritory ofIts
Participants of9October 1992.
B. SPECIFIC SERVICE SECTOR OR
SUB-SECTOR
Measures Relevant Laws andRegulations
Nomeasures
TABLE 4:Other Measures
Noother measures aremaintained