RESTRICTED  WORLD TRADE  
ORGANIZATION  WT/ACC/SPEC/YEM/2/Rev.1 
14 June 2006 
 (06-2854) 
Working Party on the 
Accession of Yemen  
 
 
 
ACCESSION OF YEMEN 
 
Offer on Specific Commitments in Services  
 
Revision  
   The following submission, dated 12 June 2006, is  being circulated at the request of the 
Delegation of the Republic of Yemen. 
 
_______________ 
 
  Yemen, being a Least Developed Country (L DC), has prepared this offer taking in 
consideration the General Council Decision on Acce ssion of Least-developed Countries of the 10th of 
December 2002, in particular the guidelines for market access negotiations, which read as follows: 
 "WTO Members shall exercise restraint in seeking concessions and commitments on trade in 
goods and services from acceding LDCs, taking in to account the levels of concessions and 
commitments undertaken by existing WTO LDC Members." 
 Further, in preparing this offer, Yemen has also  taken into consideration the letter and spirit of 
the Modalities for Negotiations on Trade in Serv ices in the Doha Round, September 2003, which 
envisage flexibility for LDCs. 
 Yemen also expects Members to facilitate a nd accelerate its accession in accordance with 
paragraph 42 of the Doha Ministeria l Declaration which reads as follows: 
 "We agree to work to facilitate and accel erate negotiations with acceding LDCs"; and 
 "We reaffirm the commitments we undertook at LDC-III". 
 Yemen reserves the right to make modifications  in this offer and to make any technical 
changes and corrections in it, as may be necessary. 
 
  
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I. HORIZONTAL COMMITMENTS 
All Sectors included in this Schedule  
 (1), (2), (3), (4) Commitments in this 
services schedule apply to all services 
except for those of non-profit, public and publicly funded entities.  
 
 (3)  Minimum foreign investment is 
YRl 50 million. Subsidies: 
 
 (1), (2), (3), (4) Unbound with regards to 
subsidies, tax incentives and tax 
credits.   
 
Acquisition of land: 
 
 (3) Non Yemenis are not allowed to 
purchase land and properties; 
however, they can lease land and properties for business purposes in 
specific sectors and sub-sectors 
covered in this schedule.  
 Temporary Entry and Stay of Natural 
Persons:  
 
(4) Unbound, except for temporary entry 
and stay of natural persons in the 
categories listed below, and in all cases, total number of foreign staff, 
including higher management, of any 
establishment should not exceed 15% of the total staff.  
 
Service sales persons
 
 
Persons not based in Yemen, who are 
engaged in activities related to representing a service supplier for the purpose of 
negotiating for the sale of services of that 
supplier where:  
a. such sales are not directly made to the 
general public; and 
b. the sales person is not engaged in 
supplying the service. 
 
Entry and stay for persons named in this 
category is limited up to ninety days.  Temporary Entry and Stay of Natural 
Persons:  
 
(4)  As in the market access column.   
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Persons responsible for setting up a  
commercial presence  
 
Persons who are employees of an 
enterprise not having commercial presence in Yemen, whose stay temporarily in 
Yemen for the purpose of setting up a 
commercial presence of that enterprise in  Yemen. Personnel engaged in setting up 
commercial presence shall present proof of 
the commencement of business operation within one year from th e date of entry of  
that person. 
 Intra-corporate transferees
 
 
Managers, executives and specialists as defined below, who are employees of firms 
that provide services in Yemen through a 
branch  or subsidiary established in Yemen 
and who have prior employment of their 
firm outside Yemen for a period of not less than three years prior to the date of 
application for entry and who fall with one 
of the following categories:  
(a) Executives and Managers:  persons 
within an organization who primarily direct the organization or a 
department or sub-division of the 
organization, supervise or control the work of their supervisory, 
professional or managerial 
employees, have the authority to hire and fire or recommend hiring, firing 
or other personnel actions (such as 
promotion, or leave authorization) and exercise discretionary authority 
over day-to-day operations. 
(b) Specialists: persons within an 
organization who possess technical  
  WT/ACC/SPEC/YEM/2/Rev.1 
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knowledge at an advanced level of 
continued expertise and who possess proprietary knowledge of the 
organization’s services, research 
techniques or management techniques (Specialists may include but are not 
limited to members of licensed 
professions). 
II. SECTOR SPECIFIC COMMITMENTS 
Note:  Sector specific section of this offer has to be read with  and is subject to the above ho rizontal section of the offer .  
1. BUSINESS SERVICES 
A. Professional Services 
(a) Legal Services 
 
 International and Foreign Country 
Laws, only Advisory,  (Part of CPC 861) except 
Domestic Law  (1) None. 
(2) None. 
(3) None; except only in partnership with 
Yemeni Lawyers with foreign equity ceiling of 51%. 
(4) Unbound, except as indicated in the 
horizontal section.  (1)  None. 
(2)  None. 
(3) Appearing before courts is restricted 
to Yemeni nationals only.  
 
(4) Unbound, except as indicated in 
horizontal section.  
(b) Accounting, Auditing and Book-
keeping services 
 (CPC 862)  (1)  Unbound. 
(2) Unbound. 
(3) None; except that access is restricted 
to foreign accounting companies of 
more than ten years experience and 
only in partnership with Yemeni Accountants with foreign equity 
ceiling of 49%.  
(4) Unbound, except as indicated in the 
horizontal section.  (1)  Unbound. 
(2)  Unbound. 
(3)  None.  
 
  
 
(4) Unbound, except as indicated in 
horizontal section.    
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(d)  Architectural services 
 (CPC 8671) (e) Engineering services 
 (CPC 8672) 
(f) Integrated engineering services  (CPC 8673) 
(g) Urban planning and landscape 
architectural services  
 (CPC 8674) (1) Unbound. 
(2)  Unbound. (3) None; except only in partnership with 
Yemeni engineers with foreign equity 
ceiling of 51%.  
(4) Unbound, except as indicated in the 
horizontal section. (1)  None. 
(2)  None. (3) None.  
 
 (4) Unbound, except as indicated in 
horizontal section.   
(h) Specialized  Medical Services; 
 (CPC 93122)  (1) None. 
(2) None. 
(3) None; except only in partnership with 
Yemeni medical practitioners with 
foreign equity ceiling of 51%.  
(4) Unbound, except as indicated in the 
horizontal section. (1) None. 
(2) None. 
(3) Grants to patients may only be used at 
certain State/public health 
institutions. 
(4) Unbound, except as indicated in 
horizontal section.  
B.  Computer and Related Services 
(a) Consultancy services related to 
the installation of computer 
hardware  
 (CPC 841) 
(b) Software implementation services   (CPC 842) 
(c) Data processing services 
(CPC 843) 
(d) Database services  
 (CPC 844) 
(e) Maintenance and repair service of 
office machinery and equipment 
including computers  
 (CPC 845) (1)  None. 
(2) None. 
(3) None; except only in partnership with 
Yemeni practitioners with foreign 
equity ceiling of 51%.  
(4) Unbound, except as indicated in the 
horizontal section.  (1) None. 
(2) None. 
(3) None. 
 
 (4)  Unbound, except as provided under 
horizontal section.   
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F.  Other Business Services  
(c)   Management consulting service 
(CPC 865) 
(d)   Services related to management 
consulting 
 (CPC 866) (1) None. 
(2) None. (3) None; except only in partnership with 
Yemeni nationals with foreign equity 
ceiling of 51%.  
(4) Unbound, except as indicated in 
horizontal section.  (1) None. 
(2) None. (3) None. 
 
 (4) Unbound, except as indicated in 
horizontal section.  
2.  COMMUNICATION SERVICES 
B. Courier Services  
 (CPC 7512) (1) None. 
(2) None. (3) None; except only in partnership with 
Yemeni nationals with foreign equity 
ceiling of 51%.  
(4) Unbound, except as indicated in 
horizontal section.  (1) None. 
(2) None. (3) None. 
 
 (4) Unbound, except as indicated in 
horizontal section.  
C.  Telecommunication Services 
 Commitments are taken consistent with "Notes for Scheduling Ba sic Telecom Services Commitments" (S/GBT/W/2/Rev.1) and Market A ccess Limitations on Spectrum 
Availability" (S/GBT/W/3).  
(h) Electronic mail  
 (CPC 7523**) (i) Voice-mail  
 (CPC 7523**) 
(j) On-line information and data base 
retrieval  
 (CPC 7523**)  
(k) Electronic data interchange (EDI)  (CPC 7523**) 
(l) Enhanced/value added facsimile 
services, including store and forward, store and retrieve  
 (7523**) 
(m) Code and protocol conversion (n) On-line information and/or data 
processing (including transaction 
processing) (CPC 843**) (1)  Unbound. 
(2)  None. (3)  None as of January 2010 except only 
in partnership with Yemeni nationals 
with foreign equity ceiling of 51%.  
(4) Unbound, except as indicated in 
horizontal section. 
 (1)  Unbound. 
(2) None. (3) None. 
 
 (4) Unbound, except as indicated in 
horizontal section.   
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Mobile Telecommunications Services (1)  Unbound. 
(2)  None. (3)  None as of January 2010 except only 
in partnership with Yemeni nationals 
with foreign equity ceiling of 51%.  
(4) Unbound, except as indicated in 
horizontal section. (1)  Unbound. 
(2) None. (3) None. 
 
 (4) Unbound, except as indicated in 
horizontal section.  
5.  EDUCATIONAL SERVICES 
C. Higher education services  
(CPC 923) 
 
D. Adult education  
(CPC 924) (1)  Unbound.  
(2)  None. (3)  None; except only in partnership with 
Yemeni nationals with foreign equity 
ceiling of 51%.  
(4) Unbound, except as indicated in the 
 horizontal section. (1)  Unbound. 
(2)  None. (3) Government scholarships and grants 
are only awarded to students in 
government educational institutions. 
(4) Unbound, except as indicated in 
 horizontal section.  
6.  ENVIRONMENTAL SERVICES  
A.  Sewage services  
 (CPC 94010) 
 
B.  Refuse disposal services  (CPC 94020)  
 
C.  Sanitation and similar services  (CPC 9403)   
 
D.  Other 
- Cleaning services for exhaust 
gases  
 (CPC 9403)  - Nature and landscape protection 
services  
 (CPC 9406)  - Noise abatement services 
(CPC 9405)  (1)  None. 
(2)  None. 
(3)  None; except only in partnership with 
Yemeni nationals with foreign equity ceiling of 51%.  
(4) Unbound, except as indicated in the 
horizontal section. (1)  None. 
(2)  None. 
(3)  None. 
  
(4) Unbound, except as indicated in the 
horizontal section.   
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7.  FINANCIAL SERVICES 
General Conditions: 
All commitments are subject to entry requirements, domestic laws , rules and regulations and the terms and conditions of compete nt regulatory bodies/authorities in the 
respective financial services sector.  
A. Insurance and insurance-related services: 
(i) Direct Insurance 
(a) Life 
(b)  Non-Life  (1) Unbound. 
(2) Unbound. 
(3)  Starting January 2010, commercial 
presence is allowed in the form of 
locally incorporated joint stock 
companies with a foreign equity ceiling of 51%.  
(4) Unbound, except as indicated in the 
horizontal section. (1) Unbound. 
(2) Unbound. 
(3) None.  
 
  
(4) Unbound, except as indicated in the 
horizontal section.   
(c) Re-insurance and Retrocession  
 (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)  Insurance intermediation 
(brokerage and Agency)  
 Services auxiliary to insurance 
(consultancy, actuarial, risk 
assessment and claims settlement services)  (1)  None.  
(2)  None. (3)  None; except only in partnership with 
Yemeni nationals with foreign equity 
ceiling of 51%.  
(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.  Banking and oth er financial services 
 The classification of the financial Services in this offer is based on the classification of the financial services in the Ann ex on Financial Services in the GATS.  
(v) Acceptance of deposits and other 
repayable funds from the public 
(vi) Lending of all types, including, 
inter alia , consumer credit, 
mortgage credit, factoring and 
financing of commercial 
transactions 
(vii) Financial leasing   
(viii) All payment and money 
transmission services   
(ix) Guarantees and commitments  (1) None for items (xv) and (xvi), 
 Unbound for other services. 
(2) Unbound.  
(3) Starting January 2010, commercial 
presence is allowed in the form of:  
 (i) Locally incorporated joint stock 
  banks with a foreign equity   ceiling of 49% for traditional 
  banks and to 20% in the case of 
  Islamic banks; or 
 (ii) Branches of international banks. (1) None. 
 
(2) None. 
(3) None.   
 
  
 
 
   
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(x) Trading for own account or for 
account of customers, whether on an exchange, in an over-the-
counter market or  otherwise, the 
following: 
 (A)  money-market instruments 
(cheques, bills, certificates 
of deposits, etc.); 
 (B)  foreign exchange; 
 (C)  derivative products 
including, but not limited to, futures and options; 
 (D)  exchange rate and interest 
rate instruments, other than swap; 
 (E)  transferable securities;  
 (F)  other negotiable instruments 
and financial assets, 
including bullion 
(xi) Participation in issues of all kinds 
of securities, including under-
writing and placement as agent (whether publicly or privately) 
and provision of service – related 
to such issues 
(xii) Money broking  
(xiii) Asset management, such as cash 
or portfolio management, all forms of collective investment 
management, custodial depository 
and trust services (Pension Fund Management excluded) 
(xiv) Settlement and clearing services 
for financial assets, including securities, derivative products, 
and other negotiable instruments 
(xv) Provision and transfer of financial 
information, and financial data 
processing and related software 
by providers of other financial 
services   The number of branches of foreign 
   banks should not be more than   20% of the total number of 
  operating banks.  
 (4) Unbound, except as indicated in the 
horizontal section.  
  
 
 (4) Unbound, except as indicated in the 
horizontal section.  
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(xvi) Advisory, intermediation and 
other auxiliary financial services on all the activities listed in 
subparagraph (v) to (xv), 
including credit reference and analysis, investment and portfolio 
research and advice, advice on 
acquisitions and on corporate restructuring strategy 
8.  HEALTH RELATED AND SOCIAL SERVICES 
A. Hospitals with more than 
100 beds 
 (part of CPC 93110) (1) None. 
(2) None. 
(3) None; except only in partnership with 
Yemeni nationals with foreign equity 
ceiling of 51%.  
(4) Unbound, except as indicated in the 
horizontal section. (1) None. 
(2) None. 
(3) None.  
 
(4)  Unbound, except as indicated in 
horizontal section.  
9.  TOURISM AND TRAVEL RELATED SERVICES 
A.  Hotels, only 4 and 5 stars 
categories hotels 
 (part of CPC 64110) 
restaurants (CPC 6421-6422)  
 (1) None. 
(2) None. (3) None; except only in partnership with 
Yemeni nationals with foreign equity 
ceiling of 51%. Market access may be restricted in order to protect national 
historic, artistic or environmental 
sites.  
(4) Unbound, except as indicated in the 
horizontal section. (1)  None. 
(2)  None. (3) None. 
 
  
 
 (4)  Unbound, except as indicated in 
horizontal section.  
B.  Travel agency and tour operator 
services  
 (CPC 74710)  (1) Unbound. 
(2) None. (3) None; except only in partnership with 
Yemeni nationals with foreign equity 
ceiling of 51%.  
(4) Unbound, except as indicated in the 
horizontal section. (1) Unbound. 
(2) None. (3) None. 
 
 (4) Unbound, except as indicated in 
horizontal section.   
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10.  RECREATIONAL CULTURAL AND SPORTING SERVICES  
B. News agency services  
 (CPC 962) (1) None. 
(2) None. (3) None; except only in partnership with 
Yemeni nationals with foreign equity 
ceiling of 51%.  
(4) Unbound, except as indicated in the 
horizontal section. (1) None. 
(2) None. (3) None. 
 
 (4) Unbound, except as indicated in the 
horizontal section.  
11.  TRANSPORT SERVICES  
A.  Maritime Transport Services  
(a) Passenger transportation   (CPC 7211)  
(b)  Freight transportation 
  (CPC 7212)  (c) Rental of vessels with crew 
  (CPC 7213)  (1) None. 
(2) None. (3) None; except only in partnership with 
Yemeni nationals with foreign equity 
ceiling of 51%.  
(4) Unbound, except as indicated in the 
horizontal section. (1) None. 
(2) None. (3) None. 
 
 (4) Unbound, except as indicated in the 
horizontal section.  
 
__________