ORGANIZACIÓN MUNDIAL  
DEL COMERCIO  S/DCS/W/LSO 
24 de enero de 2003 
 (03-0484) 
Comercio de Servicios Original:   inglés 
   
LESOTHO 
 
Proyecto de Lista convertida de Compromisos Específicos
1 
 
  El documento adjunto contiene un proyecto de la Lista convertida de Compromisos 
Específicos de Lesotho, en formato Word.  Este documento no sustituye los compromisos 
jurídicamente vinculantes contraídos por Leso tho en su Lista de Compromisos Específicos 
(GATS/SC/114).   El proyecto de Lista convertida fue preparado por la Secretaría, a petición de los Miembros, 
para facilitar el proceso de las negociaciones, incluida la presentación de ofertas iniciales. 
 
_______________ 
 
 
 
 
                                                     
 
1 Este documento se ha preparado, en inglés solament e, bajo la responsabilidad de la Secretaría y sin 
perjuicio de las posiciones de los Miembros ni de sus derechos y obligaciones en el marco de la OMC.  S/DCS/W/LSO 
Página 2 LESOTHO – SCHEDULE OF SPECIFIC COMMITMENTS 
Modes of supply: 1)   Cross-border 2)   Consumption abroad 3)   Commercial presence 4)   Presence of natural persons 
Sector or Subsector Limitations on Market Access Limi tations on National Treatm ent Additional Commitments 
I. HORIZONTAL COMMITMENTS  
ALL SECTORS INCLUDED 
IN THIS SCHEDULE    
 1) None 1) None  
 2) None 2) None  
 3) Foreign-owned enterprises including joint-
venture enterprises with Lesotho, must satisfy 
minimum capital outlay and foreign equity requirements as follows: 3) None  
  Wholly foreign-owned company required a 
minimum equity capital outlay of US$200,000.  Joint-venture company should 
have a minimum foreign-equity capital outlay 
of US$50,000 in cash or in kind.   
  Agency establishment must have authority to 
negotiate and conclude contracts on behalf of 
foreign parent company.   
 4) Automatic entry and work permit is granted 
for up to 4 expatriate senior executives and 
specialized skill personnel in accordance with 
relevant provisions in the Laws of Lesotho.  
Approval is required for any additional expatriate workers beyond the automatic 
level.  Enterprises must also provide for 
training in higher skills for the locals to enable them to assume specialized roles. 4) None  
 
 
 
 
 
    S/DCS/W/LSO
 Página 3Modes of supply: 1)   Cross-border 2)   Consumption abroad 3)   Commercial presence 4)   Presence of natural persons 
Sector or Subsector Limitations on Market Access Limi tations on National Treatm ent Additional Commitments 
II. SECTOR-SPECIFIC COMMITMENTS  
1. BUSINESS SERVICES    
A. Professional Services     
(a) Legal Services (advisory 
services in foreign and 
international law only) 
(CPC 861 +) 1) Unbound 
2) Unbound 
3) None 4) Unbound except as indicated in the horizontal 
section 1) Unbound 
2) Unbound 
3) None 4) Unbound except as indicated in the horizontal 
section  
 Legal Services (domestic 
law only) 
 (CPC 861 +) 1) Unbound 
2) Unbound 
3) Unbound except as indicated under horizontal 
section 
4) Unbound except as indicated under horizontal 
section 1) Unbound 
2) Unbound 
3) Unbound except as indicated under horizontal 
section 
4) Unbound except as indicated under horizontal 
section  
(b) Auditing  
 (CPC 862 +) 1) Unbound 
2) Unbound 
3) None 4) Unbound except as indicated under horizontal 
section 1) Unbound 
2) Unbound 
3) None 4) Unbound except as indicated under horizontal 
section  
(c) Taxation services 
(excluding legal services) 
(CPC 863) 1) None 
2) None 
3) None 
4) Unbound except as indicated under horizontal 
section 1) None 
2) None 
3) None 
4) Unbound except as indicated under horizontal 
section  
                                                      
  + Part of item.  S/DCS/W/LSO 
Página 4 Modes of supply: 1)   Cross-border 2)   Consumption abroad 3)   Commercial presence 4)   Presence of natural persons 
Sector or Subsector Limitations on Market Access Limi tations on National Treatm ent Additional Commitments 
(d) Architectural Services 
(CPC 8671) 1) For building plans of 500 square metres and 
over the services of a locally registered 
architect have to be utilised 
2) For building plans of 500 square metres and 
over the services of a locally registered 
architect have to be utilised 
3) None 
4) Unbound except as indicated under horizontal 
section 1) None 
 
 2) None 
 
 3) None 
4) Unbound except as indicated under horizontal 
section  
(e) Engineering Services 
(CPC 8672) 1) None 
2) None 
3) None 
4) Unbound except as indicated under horizontal 
section  1) None 
2) None 
3) None 
4) Unbound except as indicated under horizontal 
section   
(f) Integrated Engineering 
Services  
 (CPC 8673) 1) None 
2) None 3) None 
4) Unbound except as indicated under horizontal 
section  1) None 
2) None 3) None 
4) Unbound except as indicated under horizontal 
section   
(g) i) Urban planning 
services  
  (CPC 8674) 1) None 
2) None 
3) None 
4) Unbound except as indicated under horizontal 
section 1) None 
2) None 
3) None 
4) Unbound except as indicated under horizontal 
section  
 ii) Landscape architectural 
Services  
  (CPC 8674) 1) None 
2) None 
3) None 4) Unbound except as indicated under horizontal 
section  1) None 
2) None 
3) None 4) Unbound except as indicated under horizontal 
section   
(h) Medical and dental 
services  
 (CPC 9312) 1) Unbound 
2) None 
3) None 
4) Unbound except as indicated under horizontal 
section 1) Unbound 
2) None 
3) None 
4) Unbound except as indicated under horizontal 
section    S/DCS/W/LSO
 Página 5Modes of supply: 1)   Cross-border 2)   Consumption abroad 3)   Commercial presence 4)   Presence of natural persons 
Sector or Subsector Limitations on Market Access Limi tations on National Treatm ent Additional Commitments 
(i) Veterinary services  
 (CPC 932) 1) None 
2) None 
3) None 4) Unbound except as indicated under horizontal 
section 1) None 
2) None 
3) None 4) Unbound except as indicated under horizontal 
section  
(j) Services provided by:    
 i) Midwives and nurses  
  (CPC 93191) 1) None 
2) None 
3) None 
4) Unbound except as indicated under horizontal 
section 1) None 
2) None 
3) None 
4) Unbound except as indicated under horizontal 
section  
 ii) Physiotherapists and 
Paramedical Personnel 
  (CPC 93191) 1) Unbound
∗ 
2) Unbound* 
3) None 
4) Unbound except as indicated under horizontal 
section 1) Unbound* 
2) Unbound* 
3) None 
4) Unbound except as indicated under horizontal 
section  
B. Computer and Related 
Services     
(a) Consultancy services 
related to the installation of computer hardware (CPC 
841) 1) None 
2) Unbound
* 
3) None 
4) Unbound except as indicated in the horizontal 
section  1) None 
2) Unbound* 
3) None 
4) Unbound except as indicated in the horizontal 
section   
(b) Software implementation 
services  
 (CPC 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  
                                                      
∗ Unbound due to lack of technical feasibility.   S/DCS/W/LSO 
Página 6 Modes of supply: 1)   Cross-border 2)   Consumption abroad 3)   Commercial presence 4)   Presence of natural persons 
Sector or Subsector Limitations on Market Access Limi tations on National Treatm ent Additional Commitments 
(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) Data base 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  
(e) Maintenance and repair 
services of office 
machinery and equipment including computers (CPC 
8450) 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 indicted in the horizontal 
section  
D. Real Estate Services     
(a) Involving own or leased 
property  
 (CPC 821) 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) On a fee or contracting 
basis  
 (CPC 822) 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     
(b) Relating to aircraft (CPC 
83104) 1) None 
2) None 3) None 
4) Unbound except as indicated in the horizontal  
 section 1) None 
2) None 3) None 
4) Unbound except as indicated in the horizontal  
 section    S/DCS/W/LSO
 Página 7Modes of supply: 1)   Cross-border 2)   Consumption abroad 3)   Commercial presence 4)   Presence of natural persons 
Sector or Subsector Limitations on Market Access Limi tations on National Treatm ent Additional Commitments 
(c) Relating to other transport 
equipment (CPC 83101 +) 
 (CPC 83102 +)  (CPC 83105) 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) Relating to other 
machinery and equipment (CPC 83106) 
 (CPC 83107) 
 (CPC 83108)  (CPC 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  
F. Other Business Services     
(b) Market research and public 
opinion polling services  
 (CPC 864)  1) None 
2) None 
3) None 
4) Unbound except as indicated in the horizontal 
section  1) None 
2) None 
3) None 
4) Unbound except as indicated in the horizontal 
section   
(c) Management consulting 
services  
 (CPC 865) 1) None 
2) None 3) None 
4) Unbound except as indicated in the horizontal 
section  1) None 
2) None 3) None 
4) Unbound except as indicated in the horizontal 
section   
(d) Services related to 
management consulting (CPC 866) 1) None 
2) None 3) None 
4) Unbound except as indicated in the horizontal 
section  1) None 
2) None 3) None 
4) Unbound except as indicated in the horizontal 
section   
(e) Technical testing and 
analysis services  
 (CPC 8676) 1) None 
2) None 
3) None 4) Unbound except as indicated in the horizontal 
section 1) None 
2) None 
3) None 4) Unbound except as indicated in the horizontal 
section   S/DCS/W/LSO 
Página 8 Modes of supply: 1)   Cross-border 2)   Consumption abroad 3)   Commercial presence 4)   Presence of natural persons 
Sector or Subsector Limitations on Market Access Limi tations on National Treatm ent Additional Commitments 
(f) Services incidental to 
agriculture, hunting and 
forestry  
 (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  
(h) Services incidental to 
mining  
 (CPC 883) 
 (CPC 5115) 1) Unbound 
2) Unbound 3) Unbound 
4) Unbound except as indicated in the horizontal 
section  1) Unbound 
2) Unbound 3) Unbound 
4) Unbound except as indicated in the horizontal 
section   
(j) Services incidental to 
manufacturing  
 (CPC 884)   (CPC 885) 1) Unbound 
2) Unbound 
3) Unbound 
4) Unbound except as indicated in the horizontal 
section 1) Unbound 
2) Unbound 
3) Unbound 
4) Unbound except as indicated in the horizontal 
section  
(k) Placement and supply of 
services of personnel (CPC 
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   
(l) Investigation and security 
(CPC 873) 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   
(m) Engineering related 
scientific and technical consulting services  
 (CPC 8675) 1) Unbound 
2) Unbound 3) Unbound 
4) Unbound except as indicated in the horizontal 
section 1) Unbound 
2) Unbound 3) Unbound 
4) Unbound except as indicated in the horizontal 
section  
(n) Maintenance and repair of 
equipment (CPC 633) 1) None 
2) None 
3) None 4) Unbound except as indicated in the horizontal 
section  1) None 
2) None 
3) None 4) Unbound except as indicated in the horizontal 
section     S/DCS/W/LSO
 Página 9Modes of supply: 1)   Cross-border 2)   Consumption abroad 3)   Commercial presence 4)   Presence of natural persons 
Sector or Subsector Limitations on Market Access Limi tations on National Treatm ent Additional Commitments 
(o) Building/cleaning services 
(CPC 874) 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  
(p) Photographic services 
(CPC 875) 1) None 
2) None 3) None 
4) Unbound except as indicated in the horizontal 
section  1) None 
2) None 3) None 
4) Unbound except as indicated in the horizontal 
section   
(s) Convention services   
(CPC 87909) 1) None 
2) None 
3) None 4) Unbound except as indicated in the horizontal 
section  1) None 
2) None 
3) None 4) Unbound except as indicated in the horizontal 
section   
2. COMMUNICATION 
SERVICES    
B. Courier Services   
 (CPC 7512) 1) None 
2) None 3) None 
4) Unbound except as indicated in the horizontal 
section 1) None 
2) None 3) None 
4) Unbound except as indicated in the horizontal 
section  
C. Telecommunication 
Services     
(h) Electronic mail  
 (CPC 7523) 1) None  
2) Unbound* 
3) None 4) Unbound except as indicated in the horizontal 
section  1) None  
2) Unbound
* 
3) None 4) Unbound except as indicated in the horizontal 
section   
j) On-line information and 
data base retrieval  
 (CPC 7523) 1) None 
2) Unbound 
3) None 
4) Unbound except as indicated in the horizontal 
section  1) None 
2) Unbound 
3) None 
4) Unbound except as indicated in the horizontal 
section    S/DCS/W/LSO 
Página 10 Modes of supply: 1)   Cross-border 2)   Consumption abroad 3)   Commercial presence 4)   Presence of natural persons 
Sector or Subsector Limitations on Market Access Limi tations on National Treatm ent Additional Commitments 
k) Electronic data interchange 
(EDI)  
 (CPC 7523) 1) None 
2) Unbound 
3) None 4) Unbound except as indicated in the horizontal 
section  1) None 
2) Unbound 
3) None 4) Unbound except as indicated in the horizontal 
section   
(l) Enhanced/value added 
facsimile services, including store and 
forward, store and retrieve  
 (CPC 7523) 1) None 
2) Unbound 3) None 
4) Unbound except as indicated in the horizontal 
section  1) None 
2) Unbound 3) None 
4) Unbound except as indicated in the horizontal 
section   
(m) Code and protocol 
conversion  1) None 
2) Unbound 
3) None 4) Unbound except as indicated in the horizontal 
section  1) None 
2) Unbound 
3) None 4) Unbound except as indicated in the horizontal 
section   
(n) On-line information and/or 
data processing (including 
transaction processing)  
 (CPC 843) 1) None 
2) Unbound 
3) None 
4) Unbound except as indicated in the horizontal 
section  1) None 
2) Unbound 
3) None 
4) Unbound except as indicated in the horizontal 
section   
D. Audiovisual Services     
(a) Motion picture and video 
tape production and 
distribution services (CPC 9611) 1) None 
2) Unbound 
3) Unbound 4) Unbound except as indicated in the horizontal 
section 1) None 
2) Unbound 
3) Unbound 4) Unbound except as indicated in the horizontal 
section  
(b) Motion picture projection 
services (CPC 9612) 1) None 
2) Unbound 
3) Unbound except as indicated in the horizontal 
section  
4) Unbound except as indicated in the horizontal 
section  1) None 
2) Unbound 
3) Unbound except as indicated in the horizontal 
section  
4) Unbound except as indicated in the horizontal 
section     S/DCS/W/LSO
 Página 11Modes of supply: 1)   Cross-border 2)   Consumption abroad 3)   Commercial presence 4)   Presence of natural persons 
Sector or Subsector Limitations on Market Access Limi tations on National Treatm ent Additional Commitments 
(c) Radio and Television 
Services (CPC 9613) 1) None 
2) Unbound 
3) Unbound except as indicated in the horizontal 
section  
4) Unbound except as indicated in the horizontal 
section  1) None 
2) Unbound 
3) Unbound except as indicated in the horizontal 
section  
4) Unbound except as indicated in the horizontal 
section   
(d) Radio and television 
transmission  
 (CPC 7524) 1) None 
2) Unbound 
3) Unbound except as indicated in the horizontal 
section  
4) Unbound except as indicated in the horizontal 
section  1) None 
2) Unbound 
3) Unbound except as indicated in the horizontal 
section  
4) Unbound except as indicated in the horizontal 
section   
3. CONSTRUCTION AND 
RELATED 
ENGINEERING 
SERVICES    
A. General construction work 
for buildings   
 (CPC 512) 1) Unbound * 
2) None 
3) None 4) Unbound except as indicated in the horizontal 
section 1) Unbound 
* 
2) None 
3) None 4) Unbound except as indicated in the horizontal 
section  
B. General construction work 
for civil engineering  
 (CPC 513) 1) Unbound* 
2) None 
3) None 4) Unbound except as indicated in the horizontal 
section  1) Unbound
* 
2) None 
3) None 4) Unbound except as indicated in the horizontal 
section   
C. Installation and assembly 
work  
 (CPC 514 +)  
 (CPC 516) 1) Unbound* 
2) None 
3) None 
4) Unbound except as indicated in the horizontal 
section  1) Unbound* 
2) None 
3) None 
4) Unbound except as indicated in the horizontal 
section    S/DCS/W/LSO 
Página 12 Modes of supply: 1)   Cross-border 2)   Consumption abroad 3)   Commercial presence 4)   Presence of natural persons 
Sector or Subsector Limitations on Market Access Limi tations on National Treatm ent Additional Commitments 
D. Building completion and 
finishing work   
 (CPC 517) 1) Unbound* 
2) None 
3) None 4) Unbound except as indicated in the horizontal 
section 1) Unbound
* 
2) None 
3) None 4) Unbound except as indicated in the horizontal 
section  
4. DISTRIBUTION 
SERVICES    
B. Wholesale Trade Services   
 (CPC 622) 1) None 
2) None 
3) None 4) Unbound except as indicated in the horizontal 
section  1) None 
2) None 
3) None 4) Unbound except as indicated in the horizontal 
section   
C. Retailing Services   
 (CPC 631) 
 (CPC 632) 
 (CPC 6111)  (CPC 6113) 
 (CPC 6121) 1) None 
2) None 
3) None 
4) Unbound except as indicated in the horizontal 
section 1) None 
2) None 
3) None 
4) Unbound except as indicated in the horizontal 
section  
D. Franchising  
 (CPC 8929) 1) None 
2) Unbound 
3) Unbound 
4) Unbound except as indicated in the horizontal 
section 1) None 
2) Unbound 
3) Unbound 
4) Unbound except as indicated in the horizontal 
section  
5. EDUCATION SERVICES    
A. Primary Education 
Services   
 (CPC 921) 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. Secondary Education 
Services  
 (CPC 922) 1) None 
2) None 
3) None 
4) Unbound except as indicated in the horizontal 
section  1) None 
2) None 
3) None 
4) Unbound except as indicated in the horizontal 
section     S/DCS/W/LSO
 Página 13Modes of supply: 1)   Cross-border 2)   Consumption abroad 3)   Commercial presence 4)   Presence of natural persons 
Sector or Subsector Limitations on Market Access Limi tations on National Treatm ent Additional Commitments 
C. Higher Education Services   
 (CPC 923) 1) None 
2) None 
3) None 4) Unbound except as indicated in the horizontal 
section  1) None 
2) None 
3) None 4) Unbound except as indicated in the horizontal 
section   
D. Adult Education Services  
(CPC 924) 1) None 
2) None 3) None 
4) Unbound except as indicated in the horizontal 
section  1) None 
2) None 3) None 
4) Unbound except as indicated in the horizontal 
section   
E. Other Educational Services   
 (CPC 929) 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  
6. ENVIRONMENTAL 
SERVICES    
 (All entries in this sector 
are restricted to consultancy services only)    
A. Sewerage Services   
 (CPC 940) 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. Refuse Disposal Services  
 (CPC 9402) 1) None 
2) None 3) None 
4) Unbound except as indicated in the horizontal 
section 1) None 
2) None 3) None 
4) Unbound except as indicated in the horizontal 
section   S/DCS/W/LSO 
Página 14 Modes of supply: 1)   Cross-border 2)   Consumption abroad 3)   Commercial presence 4)   Presence of natural persons 
Sector or Subsector Limitations on Market Access Limi tations on National Treatm ent Additional Commitments 
C. Sanitation and Similar 
Services   
 (CPC 9403) 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. Other     
 (Cleaning services of 
exhaust gases, noise 
abatement services and 
landscape protection services) 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. FINANCIAL SERVICES    
A. All Insurance and 
Insurance Related Services     
(a) Direct Life Insurance  
 (CPC 8121 +) 
(b) Non-life Insurance 
Services  
 (CPC 8129 +) 
(c) Reinsurance and 
Retrocession  
 (CPC 81299 +) 1) Unbound 
2) None 
3) To transact business in Lesotho, insurers 
(foreign and domestically controlled) must be 
incorporated as a public company in terms of 
the Companies Act 
 To ensure that competition is not impaired, 
the acquisition of shares or any other interest 
(by a resident or non-resident) in a registered insurer resulting in the holding of 25 per cent 
or more of the value of all the shares or other 
interest in that business, required the written approval of the Registrar of Companies 
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/DCS/W/LSO
 Página 15Modes of supply: 1)   Cross-border 2)   Consumption abroad 3)   Commercial presence 4)   Presence of natural persons 
Sector or Subsector Limitations on Market Access Limi tations on National Treatm ent Additional Commitments 
B. Banking and other 
Financial Services  
(excluding insurance)    
(a) Acceptance of deposits and 
repayable funds from the 
public  
 (CPC 81115 to 81119) 
(b) Lending of all types, 
including, inter alia , 
consumer credit, mortgage credit, factoring and 
financing of commercial 
transactions  
 (CPC 8113) 
(d) All payments and money 
transmission services, including credit, charge 
and debit cards, travellers 
cheques and bank drafts 
 (CPC 81339 +) 
(e) Guarantees and 
Commitments  
 (CPC 81199 +) 1) Unbound 
 
2) Unbound 
 3) No bank or controlling company 
(domestically or foreign controlled) may allot 
or issue any of its shares to a person to the extent that the total nominal value of such 
shares exceeds in total nominal value of all the 
issued vote-bearing shares in the bank or the controlling company. 
 The Minister of Finance may, however, grant 
permission to a bank or controlling company to issue more than 49 per cent of its shares to 
such a person, provided that competition is 
not impaired.  This restriction does not apply to the allotment of issuing of shares in a bank 
or a controlling company registered in respect 
of that bank, or another bank or an institution 
which has been approved by the Registrar and 
which conducts business of a bank in a country other than Lesotho. 1) Unbound 
 
2) Unbound 
 3) None  
(f) Trading for own account 
or for account of customers whether on an 
exchange in an over-the-
counter market or otherwise, the following: 
 i) money market 
instruments, cheques, bills, certificates of 
deposit etc.,  
  (CPC 81339)  Foreign banks wishing to obtain a controlling 
interest in a local bank are required to establish a domestic public company. 
 No person (domestic or foreign) shall conduct 
the business of a bank unless such person is a public company, and is registered in terms of 
the relevant Lesotho Laws. 
 4) Unbound excepted as indicated in the 
horizontal section  
  
 
  
 
 4) Unbound excepted as indicated in the 
horizontal section   S/DCS/W/LSO 
Página 16 Modes of supply: 1)   Cross-border 2)   Consumption abroad 3)   Commercial presence 4)   Presence of natural persons 
Sector or Subsector Limitations on Market Access Limi tations on National Treatm ent Additional Commitments 
 ii) Foreign exchange 
  (CPC 81333)    
 iii) derivative products 
including but not limited to futures and 
options 
  (CPC 81339)    
 iv) exchange rate and 
interest rate 
instruments  
  (CPC 81339)    
h) Money broking 
 (CPC 81339 +) 1) Unbound 
2) Unbound 3) None 
4) Unbound excepted as indicated in the 
horizontal section 1) Unbound 
2) Unbound 3) None 
4) Unbound excepted as indicated in the 
horizontal section  
9. TOURISM AND 
TRAVEL RELATED 
SERVICES 
 
A. Hotels and Restaurants  
(including catering) 
 (CPC 643)  
 
  
1) Unbound except for catering:  none 
2) None 
3) Unbound except as indicated in the horizontal 
section 
4) Unbound except as indicated in the horizontal 
section  
 
  
1) Unbound 
2) None 
3) Unbound except as indicated in the horizontal 
section 
4) Unbound except as indicated in the horizontal 
section  
B. Travel Agencies and Tour 
Operators Services   
 (CPC 7471) 1) Unbound 
2) Unbound 
3) Unbound 
4) Unbound except as indicated in the horizontal 
section 1) Unbound 
2) Unbound 
3) Unbound 
4) Unbound except as indicated in the horizontal 
section    S/DCS/W/LSO
 Página 17Modes of supply: 1)   Cross-border 2)   Consumption abroad 3)   Commercial presence 4)   Presence of natural persons 
Sector or Subsector Limitations on Market Access Limi tations on National Treatm ent Additional Commitments 
C. Tourist Guide Services  
 (CPC 7472) 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  
11. TRANSPORT SERVICES    
F. Road Transport Services     
(a) Passenger Transportation 
 (CPC 7121) 
 (CPC 7122) 1) Unbound 
2) Unbound 
3) None 4) Unbound except as indicated in the horizontal 
section  1) Unbound 
2) Unbound 
3) None 4) Unbound except as indicated in the horizontal 
section   
(b) Freight Transportation  
 (CPC 7123) 1) Unbound 
2) Unbound 
3) None 
4) Unbound except as indicated in the horizontal 
section  1) Unbound 
2) Unbound 
3) None 
4) Unbound except as indicated in the horizontal 
section   
(d) Maintenance and repair of 
road transport equipment   
 (CPC 6112 +) 
 (CPC 8867) 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  
12. OTHER SERVICES NOT 
INCLUDED ELSEWHERE 
 
 Washing, cleaning, dying 
and labelling  
 (CPC 9701)  
  
 
1) Unbound
* 
2) None 
3) Unbound 
4) Unbound except as indicated in the horizontal 
section   
  
 
1) Unbound
* 
2) None 
3) Unbound 
4) Unbound except as indicated in the horizontal 
section    S/DCS/W/LSO 
Página 18 Modes of supply: 1)   Cross-border 2)   Consumption abroad 3)   Commercial presence 4)   Presence of natural persons 
Sector or Subsector Limitations on Market Access Limi tations on National Treatm ent Additional Commitments 
 Hairdressing and other 
services  
 (CPC 9702) 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  
 
Coding :  Number indicated in each sectoral commitment are references to the Services Sectoral Classification List (MTN.GNS/W/120) - a nd the UN Provisional Central Product 
Classification of 1991. 
 
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