WORLD TRADE  
ORGANIZATION  TN/S/O/CHL/Rev.1 
5 July 2005 
 (05-2927) 
Council for Trade in Services 
Special Session  Original:  Spanish 
 
 
CHILE 
 
Conditional Revised Offer  
 
 
 The following revised offer was received from the delegation of Chile on 29 June 2005 with 
the request that it be circulated to Memb ers of the Council for Trade in Services. 
 
_______________ 
 
INTRODUCTION 
1. Pursuant to paragraph 1(e) of the Gene ral Council Decision on the Doha Work Programme 
(WT/GC/W/535) concerning Members’ commitment to submit a conditional revised offer for the 
negotiations provided for in Article XIX of the General Agreement on Trade in Services (GATS), 
Chile hereby submits its conditional revised offer of specific commitments in services. 
2. By means of this offer, Chile reiterate s its WTO commitment to achieving a progressively 
higher level of liberalization and deliveri ng effective access to its services markets. 
3. Given that Chile's offer takes the concepts set forth in Article I.3 of the GATS into account, 
the attached offer does not include services supplie d in the exercise of governmental authority.  
4. Furthermore, pursuant to Article VI of th e GATS, Chile reserves the right to establish, 
maintain and fully exercise its national legislation in order to achieve legitimate policy objectives in 
areas such as consumer protection, health and the environment. Likewise, Chile reserves the right to 
revise, conduct technical reviews of or amend this offe r in the light of the outcome of the work of the 
subsidiary bodies of the Council for Trade in Services. 
HORIZONTAL COMMITMENTS 
5. Chile's revised offer includes new horizontal Mode 3 commitments.  The revised offer has 
also given Chile the opportunity to clarify inform ation regarding this mode of service supply.  
6. Chile's commitments concern foreign investment  entering the country under the regulations of 
the Central Bank of Chile.  These regulations form  an open and non-discriminatory system for the 
entry of capital into the country.  The Foreig n Investment Statute (Decree Law 600 of 1974) 
establishes a special and voluntary system for inv esting in Chile, which is implemented through the 
signing of a foreign investment contract between th e investor and the State of Chile, once the Foreign 
Investment Committee has approved an investment application.  
7. Service providers are not obliged to sign such  contracts in order to locate in Chile and can 
always choose to bring in their capital through the Central Bank's open system.   
 TN/S/O/CHL/Rev.1 
Page 2  
 
8. This revised offer reflects Chile's intention to  achieve further liberalization of trade in services 
in keeping with the bilateral trade policy which th e country has developed in recent years within the 
framework of its trade agreements. 
 
9. Pending the outcome of the negotiation of Artic le XV disciplines relating to subsidies, Chile 
has introduced, under the market access column of  its Schedule of Horizontal Commitments, a 
limitation for all modes of service supply.  Accord ingly, all references to subsidies, which had 
appeared in Chile's initial offer, and to successive documents on this matter, have been withdrawn.  
  
SPECIFIC COMMITMENTS 
10. This contribution by Chile is additional to those made in its initial offer and includes new 
service sectors and/or subsectors.  Chile has incl uded the following sectors and subsectors in this 
revised offer: foreign law, arbitration and concilia tion services, advisory and consultative engineering 
services, veterinary services for pet animals, other veterinary services, systems and software 
consulting services, systems analysis services, systems design services, programming services, 
systems maintenance services, input preparation services, data processing and tabulation services, time-sharing services, other data processing services, database services, research and development services (on natural sciences, social sciences and hum anities), sale or leasing services of advertising 
space or time, planning, creating and placement services of advertising, market research services, 
public opinion polling services, building-cleaning ser vices, photographic services, packaging services, 
convention services and public relations consultancy services.   
 11. This Schedule of Specific Commitments cont ains no changes or amendments to financial 
services or telecommunications. 
 
12. In this revised offer, Chile has once again drawn up its Schedule of Commitments, insofar as 
was possible, on the basis of the Services Sector al Classification List (MTN.GNS/W/120) and in 
accordance with the definitions in the United Nations' Provisional Central Product Classification 
(Provisional CPC).  However, it should be noted that  in the legal services s ector, Chile has followed 
the classification guidelines laid down in documen t TN/S/W/37.  As regards the energy services 
sector, Chile has followed the "Pro posed Guide for Sche duling Commitments on Energy Services in 
the WTO” (JOB(03)/89). 
13. In order to bring its Schedule  of Commitments further into line with the guidelines set forth in 
document S/CSC/W/30, Chile has replaced the term " no consolidado" with the term "sin consolidar" 
("unbound").  Moreover, and solely for the purpose of  order, each sector or subsector has been listed 
in accordance with the structur e of the Services Sectoral Classification List (MTN.GNS/W/120). 
MFN EXCEPTIONS 
14. Chile is maintaining its exceptions to this pr inciple at this stage of the negotiations, but is 
keeping them under constant review with a vi ew to moving towards their elimination. 
15. In conclusion, Chile hereby expresses its willingness to comment on or clarify any doubts 
concerning its conditional initial offer.   TN/S/O/CHL/Rev.1
 Page 3CHILE – CONDITIONAL  REVISED OFFER 
Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
I. HORIZONTAL COMMITMENTS 
ALL SECTORS INCLUDED IN THIS 
SCHEDULE (1), (2), (3) and (4)  Unbound in respect 
of measures adopted or to be adopted 
by the Central Bank of Chile, under its 
constitutive law, a mendments thereto or 
other legislation. 
The commitments in this Schedule extend 
only to service suppliers who operate in 
Chile through a commercial presence, are 
established as a foreign investment and governed by the rules and legal procedures 
in force on direct foreign investment. The 
commercial presence covered by this 
Schedule is that effected solely through 
the Foreign Investment Statute and 
financed by external capital.  
Authorization to deliver services through a 
commercial presence may take into 
account the following criteria:  (3) Foreign investors may transfer their 
capital abroad three years from the date 
of its entry.  
 Real-estate acquisitions and the 
performance of other legal acts in border 
areas must comply with the provisions of the relevant legislation, which is 
unbound for the purposes of this 
Schedule.  The border area is defined as land within a distance of 10 km. from 
the border and 5 km. from the coast and 
province of Arica. 
With regard to services that fall under 
the heading "professional services", at 
least 85 per cent of the staff employed 
by a service supplier established in Chile must be Chilean.  
 (a)  The effect of the commercial presence 
on economic activity, including its 
effect on employment, on the use of parts, components and services 
produced in Chile and on exports of 
services; 
 As regards all other services listed in this 
Schedule, at least 85 per cent of the staff 
employed by a service supplier established in Chile must be Chilean, 
except in the case of  enterprises with 
fewer than 15 employees. 
   TN/S/O/CHL/Rev.1 
Page 4 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
 (b)  The effect of the commercial presence 
on productivity, indu strial efficiency, 
technological development and 
product innovation in Chile; 
 
(c) The effect of the commercial presence 
on competition in the sector in question and other sectors, on 
consumer protection, on the smooth 
functioning, integrity and stability of the market, and on the national 
interest; 
 (d) The contribution of the commercial 
presence to Chile's integration into 
world markets. 
   
 For greater certainty, the Foreign 
Investment Committee of Chile, or its 
successor, has the right to reject 
investment applications under the 
Foreign Investment Statute (Decree 
Law 600) and Law 18.657. Moreover, the 
Foreign Investment Committee of Chile, 
or its successor, has the right to regulate 
the terms and conditions of foreign 
investment under Decree Law 600 and 
Law 18.657. Pursuant to Decree 
Law 600, foreign investors may transfer 
abroad capital previously transferred to 
Chile under a foreign investment 
contract, three years after bringing it 
into the country. 
     TN/S/O/CHL/Rev.1
 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 access Limitations on national  treatment Additional commitments 
 This Schedule applies only to the 
following types of commercial presence 
for foreign investors: open and closed 
corporations, private- limited companies, 
and subsidiaries (which, under Chilean 
legislation, are the equivalent of 
corporation agencies). For greater 
transparency, the foreign investor may 
opt for any of these types of legal 
incorporation, unless the State of Chile, 
by law, requires one type in particular.  
(1), (2), (3) and (4) Unbound with 
respect to any type of subsidy.  Also 
limits national treatment.   
 (4) Unbound, except for transfers of natural 
persons within a foreign enterprise established in Chile,  in accordance with 
(3) commercial presence, senior and 
specialized personnel who have been in the employ of the organization for a 
period of at least two years immediately 
preceding the date of their application for admission performing the same type 
of duties as in the parent company of 
their country of origin.  In any case, in 
accordance with (3) commercial 
presence, foreign natural persons may not make up more than 15 per cent of 
the total staff employed in Chile. (4) Unbound, except for the categories of 
natural persons listed under market access. 
   TN/S/O/CHL/Rev.1 
Page 6 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
 The category of senior and specialized 
personnel does not include members of the 
board of directors of a company established 
in Chile.    
 For all legal purposes, senior and 
specialized personnel must establish domicile or residence in Chile. 
  Senior personnel are executives who 
come under the direct supervision of the 
board of directors of the enterprise established in Chile and who, inter alia : 
- direct the management of the 
organization or one of its departments or 
subdivisions; 
- supervise and control the work of other 
supervisory, professional or managerial 
employees; 
-  are personally authorized to hire and 
dismiss, recommend hiring and dismissal and take  other personnel 
actions. 
     TN/S/O/CHL/Rev.1
 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 access Limitations on national  treatment Additional commitments 
 
 Specialized personnel are highly qualified 
persons who are indispensable to the supply 
of the service because of their professional 
knowledge or: 
- possession of qualifications for a 
particular type of work or activity 
requiring specialized t echnical expertise; 
- proprietary knowledge of the 
organization's services, research equipment, techniques or management;  
and 
- the non-availability of such specialized 
personnel in Chile. 
Service providers   The senior and specialized 
personnel described above are admitted into 
Chile temporarily for a period of two years 
which can be extended for a further two years.  Personnel admitted under these 
conditions will be subject to the labour and 
social security legislation in force. 
  
            TN/S/O/CHL/Rev.1 
Page 8 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
II. SECTOR-SPECIFIC COMMITMENTS 
1. BUSINESS SERVICES 
 
A. Professional services  
  
 
Without prejudice to what is established in 
Section I (Horizontal Commitments), suppliers of the professional services 
included in this Schedule may be subject to 
assessment by the competent authorities in connection with which they must show that 
they fulfil the requirements designed to 
ensure that they perfo rm competently in the 
sector. 
   
a. Legal services:  If professional advisory services involve an 
appearance or formal procedures before a Chilean court of justice or administrative 
body then this appearance shall be made or 
this procedure executed by a professional recognized in Chile. 
   
International legal services1 
 
Solely  Advisory services on matters of 
public international law, and 
international commercial law (86190) 
and foreign law.  
(part of CPC 86190) 
  (1) Unbound  None  
(2) Unbound  None 
(3) None (4) Unbound, except as indicated in the 
horizontal section. 
 (1) Unbound  None  
(2) Unbound  None 
(3) None (4) Unbound, except as indicated in the 
horizontal section. 
  
                                                 
1  Refers solely and exclusively to matte rs relating to public international law and foreign law . If an advisory service involves an appearance before a Chilean court of justice or administrative body, 
then this must be conducted by a lawyer authorized to practise in Chile who fulfils the requireme nt of being a Chilean national .  The same requirement must be fulfilled whenever there is a need for 
a written instrument to be submitted  or a formal procedure carried out before the above-mentio ned court or administrative body . by a profess ional recognized in Chile . The provision of advisory 
services does not confer the right to use the title of Attorney and therefore does not include representation or advisory services in contentious or non-contentious matters.   TN/S/O/CHL/Rev.1
 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 access Limitations on national  treatment Additional commitments 
Arbitration and 
mediation/conciliation services 
(86602)  (1) None, except for arbitration 
proceedings which, under Chilean 
legislation, fall within the sole 
jurisdiction of the national arbitration 
courts or may be heard by legal 
arbitrators. 
(2) None, except for arbitration 
proceedings which, under Chilean 
legislation, fall within the sole 
jurisdiction of the national arbitration 
courts or may be heard by legal 
arbitrators. 
 (1) None, except for arbitration 
proceedings which, under Chilean 
legislation, fall within the sole 
jurisdiction of the national 
arbitration courts or may be heard 
by legal arbitrators. 
(2) None, except for arbitration 
proceedings which, under Chilean 
legislation, fall within the sole 
jurisdiction of the national 
arbitration courts or may be heard 
by legal arbitrators. 
  
 (3) None 
(4) Unbound, except as indicated in the 
horizontal section.  (3) None 
(4) Unbound, except as indicated in the 
horizontal section.  
b. Accounting, auditing and 
bookkeeping services2:  Accounting 
and auditing    
Financial auditing services 
(86211) (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.  
 
Accounting review services 
(86212) 
 (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. 
  
                                                 
2 Financial statements must be e ndorsed by a professional legally au thorized to practise in Chile.  TN/S/O/CHL/Rev.1 
Page 10 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
Taxation services  
(863)  
 (1) Unbound  
(2) Unbound  
(3) None  
(4) Unbound, except as indicated in the 
horizontal section.  (1), (2) and (3) None/ Chile may grant 
preferential subsidies to Chilean 
nationals.  
(4) Unbound, except as indicated in the 
horizontal section/Chile may grant 
preferential subsidies to Chilean 
nationals.  
  
d. Architectural services    
Advisory and pre-design 
architectural services 
   (86711) 
 (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound ,except as indicated in the 
horizontal section. 
 (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound , except as indicated in the 
horizontal section.  
Architectural design services   
(86712) (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section. (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section.  
e. Engineering services:    
Advisory and consultative 
engineering services 
(86721)  (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 
  
Engineering design services for 
industrial processes and production 
(part of CPC  86725) 
 (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section 
 (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section     TN/S/O/CHL/Rev.1
 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 access Limitations on national  treatment Additional commitments 
Engineering design services relating 
to sanitary works 
(part of CPC  86726) 
 (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section 
  
Mechanical engineering design 
services 
(part of CPC  86726) (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section 
 (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section  
Electrical engineering design services 
(part of CPC  86726) (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section 
 (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section  
Chemical and process engineering 
design services 
(part of CPC  86726) 
 (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section 
  
Environmental engineering design 
services 
(part of CPC  86726) (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section   TN/S/O/CHL/Rev.1 
Page 12 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
f. Integrated engineering services:     
Integrated engineering services for 
energy services  
(86733)3  
 (1) None  Unbound  
(2) None 
(3)  None Unbound 
(4)  Unbound, except as indicated in the 
horizontal section. 
 (1), (2) and (3) Unbound for 
anthropological, archaeological and 
palaeontological studies, research or 
any other activity conducted in the 200-nautical-mile maritime zone under 
national jurisdiction and studies in 
border areas.  
Chile may grant preferential subsidies 
to Chilean nationals.  
(4) Unbound, except as indicated in the 
horizontal section, in which case the 
restrictions for Modes 1, 2 and 3 apply.  
Chile may grant preferential subsidies 
to Chilean nationals.   
i. Veterinary services    
Veterinary services for pet animals 
(93201) 
 (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 
          
Other veterinary services 
(93209) (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  
                                                 
3 As in document JOB(03)/89.   TN/S/O/CHL/Rev.1
 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 access Limitations on national  treatment Additional commitments 
B.    Computer and related services    
a. Consultancy services related to 
the installation of computer hardware:  
(1), (2) and (3) None/Chile may grant 
preferential subsidies to Chilean 
nationals.  
 
 (4) Unbound, except as indicated in the 
horizontal section/Chile may grant 
preferential subsidies to Ch ilean 
nationals . 
  
Consultancy services related to the 
installation of computer hardware 
(8410) (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. Software implementation 
services:     
Systems and software consulting 
services 
(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 indicated in the 
horizontal section  
Systems analysis services 
(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   TN/S/O/CHL/Rev.1 
Page 14 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
Systems design services 
(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  
Programming services 
(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 
(8425) (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, (for the 
purposes of the entire section , other 
than data-processing services for financial services) (843)
 
    
Input preparation services  
(8431) (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/CHL/Rev.1
 Page 15Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
Data processing and tabulation 
services 
(8432) (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  
Time-sharing services 
(8433) (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  
Other data processing services 
(8439) (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 
       
d. Database services, (for the 
purposes of the entire section,  other 
than database services for financial 
services) (843)     
Database services  
(844) (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/CHL/Rev.1 
Page 16 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
C. Research and development 
services 
    
a. Research and development 
services on natural sciences 
(part of CPC  851) 
(part of CPC  853) 
(part of CPC  86751) 
 (1) and (3)  None, except: 
 
The Directorate of Borders and Frontiers 
may stipulate that an expedition include 
one or more representatives of relevant 
Chilean activities.  These representatives 
would participate in and learn about the 
studies and their scope. 
 
(2) None 
(4) Unbound, except as indicated in the 
 horizontal section (1) and (3)  None, except: 
 
Foreign natural or legal persons who 
wish to carry out research in the 200-
nautical-mile  maritime zone under 
national jurisdiction must obtain the 
authorization of the Hydrographic 
Institute of the Chilean Navy, under the 
terms of the respective regulations.  
 
The Directorate of Borders and 
Frontiers may authorize or refuse 
geographical explorations in Chile of 
any kind planned by foreign legal or 
natural persons. 
(2) None 
(4)  Unbound, except as indicated in the 
horizontal section  
Research and development services 
on social sciences and humanities 
(part of CPC  852) 
(part of CPC  853) 
  (1) None  
(2) None 
(3) None  (1) and (3) except for: 
Foreign natural or legal persons who 
wish to carry out excavations, 
explorations, surveys and/or collect 
anthropological, archaeological and 
palaeontological materials must apply 
to the National Monuments Council of 
Chile for a permit.   
Permits may be granted to foreign 
researchers who have received 
recognized technical training in 
archaeology, anthropology or     TN/S/O/CHL/Rev.1
 Page 17Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
  palaeontology and who have a suitable 
research project and solvent 
institutional support, provided that the 
person in charge of the research works 
in collaboration with a Chilean state 
scientific institute or university.Only 
curators, museum directors (recognized 
by the National Monuments Council), 
professional archaeologists, 
anthropologists or palaeontologists and 
members of the Chilean Archaeological 
Society are authorized to carry out 
salvage work. 
  
  
 
  
 
(4) Unbound, except as indicated in the 
horizontal section. Salvage operations are understood to 
be the urgent recovery of data or 
archaeological or palaeontological 
species that are under imminent threat 
of loss or extinction. 
(2) None  
(4) Unbound, except as indicated in the 
horizontal section  
Interdisciplinary research and 
development services 
(part of CPC  851) 
(part of CPC  852) 
(part of CPC  853) 
(part of CPC  86751) 
 (1) None  
 
  
 
  
(2) None 
(3)  None 
(4) Unbound, except as indicated in the 
horizontal section (1) and (3) None, except: 
Foreign natural or legal persons who 
wish to carry out research in the 200-
nautical-mile  maritime zone under 
national jurisdiction must obtain the 
authorization of the Hydrographic 
Institute of the Chilean Navy, under the 
terms of the respective regulations . 
 
 
(2) None 
 
(4) Unbound, except as indicated in the 
horizontal section 
   TN/S/O/CHL/Rev.1 
Page 18 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
D. Real-estate services    
Real-estate services involving own 
or leased property  
(821) 
 
 (1) Unbound  
(2) Unbound  
(3) None (4) Unbound, except as indicated in the 
horizontal section. 
 (1), (2) and (3) None/Chile may  grant 
preferential subsidies to Chilean 
nationals.  
(4) Unbound, except as indicated in 
the horizontal section/Chile may grant 
preferential subsidies to Chilean 
nationals.  
 
(1) Unbound  
(2) Unbound  
(3) None 
(4) Unbound , except as indicated in the 
horizontal section. 
  
Real-estate services on a fee or 
contract basis  
(822)  (1) Unbound 
(2) Unbound 
(3) None (4) Unbound, except as indicated in the 
horizontal section. 
 (1), (2) and (3) None/Chile may grant 
preferential subsidies to Chilean 
nationals.  
(4)  Unbou nd, except as indicated in the 
horizontal section/Chile may grant 
preferential subsidies to Chilean 
nationals . 
 (1) Unbound (2) Unbound (3) None (4) Unbound, except as indicated in the 
horizontal section. 
    TN/S/O/CHL/Rev.1
 Page 19Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
F. Other business services    
a. Advertising services:    
Sale or leasing services of 
advertising space or time  
(8711) (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. 
  
Planning, creating and placement 
services of advertising 
(8712) (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 polling services:    
Market research services 
(86401) (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. 
  
Public opinion polling services 
(86402) (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/CHL/Rev.1 
Page 20 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
l. Building-cleaning services 
(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. 
  
m. Photographic services 
(875), 
(other than CPC 87504) 
 (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.  
n. 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.  
p. Convention services  
(877) 
 
 (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.  
Management Consulting Services     
General management consulting 
services 
(86501) (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section. 
  (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section.    TN/S/O/CHL/Rev.1
 Page 21Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
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Financial management consulting 
services  
(86502) (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.  
Marketing management consulting 
services 
(86503) (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section. (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section. 
  
Production management consulting 
services 
(86505) (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section. (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section.  
Human resources management 
consulting services 
(86504) (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section. (1) Unbound  None  
(2) Unbound  None  
(3) None (4) Unbound, except as indicated in the 
horizontal section.  
Public relations services  
(86506)  (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. 
  
Management consulting services 
for energy services  
(865)  
 (1)  None  
(2)  None  
(3)  None  
(4) Unbound, except as indicated in the 
horizontal section.  
 (1), (2) and (3) None  Chile may grant 
preferential subsidies to Chilean 
nationals.  
(4)  Unbound, except as indicated in the 
horizontal section/Chile may grant 
preferential subsidies to Chilean 
nationals.      TN/S/O/CHL/Rev.1 
Page 22 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
Services related to management 
consulting for energy services (86601)
4 
 (1) None  Unbound 
(2) None 
(3) None (4)  Unbound, except as indicated in the 
horizontal section. 
 (1), (2) and (3) None Chile may grant 
preferential subsidies to Chilean 
nationals.  
(4)  Unbound, except as indicated in the 
horizontal section Chile may grant 
preferential subsidies to Chilean 
nationals.  
  
LEASING SERVICES (WITHOUT 
OPERATOR)    
Leasing or rental services concerning 
private cars (without operator)  
(83101) (1) Unbound  
(2) Unbound  
(3) None Only legal pe rsons established in 
Chile as open corporations.  
(4) Unbound, except as indicated in the 
horizontal section. (1) Unbound  
(2) Unbound 
(3) None  
(4) Unbound, except as indicated in the 
horizontal section. 
  
                                                 
4 As in document JOB(03)/89.    TN/S/O/CHL/Rev.1
 Page 23Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
Leasing or rental services concerning 
aircraft (without operator) 
(83104) (1) Unbound  
(2) Unbound  
(3) None Only legal persons established in 
Chile as open corporations.  
(4) Unbound, except as indicated in the 
horizontal section. (1) Unbound 
(2) Unbound 
(3) None  
(4) Unbound, except as indicated in the 
horizontal section. 
  
Leasing or rental services concerning 
agricultural machinery and equipment 
(without operator)  
(83106)  
 (1) Unbound 
(2) Unbound 
(3) None Only legal persons established in 
Chile as open corporations.  
(4) Unbound, except as indicated in the 
horizontal section. 
 (1) Unbound 
(2) Unbound 
(3) None 
 
(4) Unbound, except as indicated in the 
horizontal section. 
  
Leasing or rental services concerning 
construction machinery and equipment 
(without operator)  
(83107) (1) Unbound 
(2) Unbound 
(3) None Only legal persons established in 
Chile as open corporations.  
(4) Unbound, except as indicated in the 
horizontal section. 
 (1) Unbound 
(2) Unbound  
(3) None  
(4) Unbound, except as indicated in the 
horizontal section.   TN/S/O/CHL/Rev.1 
Page 24 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
COMMUNICATIONS SERVICES    
Telecommunications services 
 In the case of private se rvices the purpose of 
which is to meet the specific telecommunications needs of particular 
enterprises, entities or persons by prior 
agreement, the supply of these services does not give access to traffic from or to public 
telecommunications network users.   
BASIC TELECOMMUNICATION 
SERVICES    
Telecommunications services consist of 
the transport of electromagnetic signals 
(sound, data, image and any combination 
thereof), regardless of the type of technology used.      
This definition does not cover the 
economic activity consisting of the provision of a service the content of which 
requires the use of telecommunications 
services for its transport. The provision of a service the content of which is 
transported via telecommunications 
services is subject to the terms and conditions established for that sector, 
subsector or activity in Chile's Schedule of 
Specific Commitments. 
    
Chile's Schedule of Commitments 
excludes basic local telecommunications 
services, one-way satellite transmissions of 
Direct-to-Home and Direct-Broadcast-Satellite television services and digital 
audio services.  It also excludes free 
reception broadcasting services. 
      TN/S/O/CHL/Rev.1
 Page 25Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
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It includes only international and domestic 
long-distance basic telecommunications 
services:    
 (a)  Voice telephone services  
 (CPC 7521) 
  (b)  Packet-switched data transmission 
services  
 (CPC 7523**) 
 
 (c)  Circuit-switched data transmission 
services  
 (CPC 7523**) 
 
 (d)  Telex services   (CPC 7523**)   (e)  Telegraph services   (CPC 7522)   (f)  Facsimile services   (CPC 7521** + 7529**) 
 (1) None 
(2) None 
(3) Subject to a concession, licence or 
permit from the Undersecretariat for 
Telecommunications (SUBTEL). 
 
 A supplier providing a (domestic and 
international) long-distance telephone service must be an open corporation. 
 
 To promote free competition, for a 
period of four years from 27 August 1994, participation in the 
market by suppliers of domestic  
long-distance services shall be limited to a maximum percentage of the total 
taxable minutes for domestic long-
distance telephone services established by law.  
 (1) None 
(2) None 
(3) None  
 
 
 
  
 
  
 
  
 
    
 
  
 
 
 
  
 
Additional commitments concerning 
regulatory aspects (see attached note) 
 
(g) Private leased circuit services  
       (CPC 7522** + 7523**) 
 
Other:  
Domestic and international satellite 
services and satellit e links/capacity.  
Mobile/cellular services:  personal 
communications services, paging 
services, mobile data transmission 
services.  
(4) Unbound, except as indicated in the 
horizontal section.  
(4) Unbound, except as indicated in the 
horizontal section. 
   TN/S/O/CHL/Rev.1 
Page 26 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
 VALUE-ADDED SERVICES    
On-line information retrieval 
  Electronic mail 
 
 Facsimile  
 Data processing 
 (1) None 
 Subject to a correspondent agreement 
with an international services 
concessionaire. 
(2) Unbound  (3) Subject to obtaining a permit. Contract 
with a public service concessionaire. 
Complementary service authorization 
from the Undersecretariat for 
Telecommunications (SUBTEL). 
(4) Unbound, except as indicated in the 
horizontal section. (1) None 
 
 
 
(2) Unbound  
(3) None 
 
 
 
 (4) Unbound, except as indicated in the 
horizontal section.  
 PRIVATE LEASED CIRCUITS  
  
  
 Voice telephone service 
  Data transmission 
 
 Electronic mail  (1) Unbound * 
(2) Unbound (3) Subject to the granting of limited 
service. 
(4) Unbound, except as indicated in the 
horizontal section. (1) Unbound * 
(2) Unbound (3) None 
 
(4) Unbound, except as indicated in the 
horizontal section.  
Financial services sector: 
 
1. The Chilean financial services sector is partially compartmen talized, that is to say, domestic and foreign institutions auth orized to operate as banks may not encroach directly 
on the insurance or securities business and vice versa. However, subject to authorization from the Banking and Financial Instit utions Supervision Department (SPIF), 
domestic and foreign banks operating in Chile may set up subsidia ries, with their own capital, to supply other financial servic es in addition to their main line of business. The 
main business of banks is accepting or r eceiving money from the public on a regular basis and granting money credits represente d by securities or negotiable instruments or 
any other credit instrument. 
 2. The subsectors and services in this Schedule are defi ned in accordance with the rele vant Chilean legislation. 
   TN/S/O/CHL/Rev.1
 Page 27Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
FINANCIAL SERVICES (1), (2), (3) and (4)  Unbound in respect of 
measures adopted or to be adopted by the 
Central Bank of Chile under its constitutive 
law (Law No. 18,840) and other legislation in order to ensure currency stability and 
normal domestic and foreign payment 
operations. For this purpose, the Bank is empowered to regulate the supply of money 
and credit and international credit and 
exchange operations and to issue regulations governing money, credit, 
finance and international exchange. 
Such measures include, inter alia,  the 
establishment of restrictions or limitations 
on payments and transfers to or from Chile, 
as well as related transactions, such as the requirement that deposits, investments or 
credits from or intended for a foreign 
country be subject to a reserve requirement. 
(3) In addition to the horizontal measures 
in Section I of Chile's Schedule of Commitments which affect all sectors, 
a supplier of financial services 
operating through a commercial presence may be subject to an 
economic needs test.    
 
 
  
 
  
 
  
 
  
 
  
 
(3)  Foreign investors who participate in 
the financial services sector may transfer their capital abroad two 
(2) years from the date of its entry.   TN/S/O/CHL/Rev.1 
Page 28 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
 
 
                    (a) Banking services
: 
 (a.1) Core banking services:  Acceptance of deposits (includes 
only current bank accounts, sight 
acceptances, term acceptances, 
savings accounts, financial instruments with repurchase 
undertaking and deposits for the 
issue of bank guarantee vouchers) That is to say, prior authorization to start up, 
suspend or terminate operations is required 
from the Banking and Financial Institutions 
Supervision Department (SBIF), for banking services, or from the Securities and 
Insurance Supervision Department (SVS), 
for securities and insurance services.  
Authorization to supply financial services 
through a commercial presence will be granted in so far as the applicant undertakes 
to ensure the proper functioning, integrity 
and stability of the market, fulfils the legal requirements and serves the national 
interest.  
 In addition, there may be 
non-discriminatory restrictions or 
provisions regarding the type of commercial 
presence that must be adopted by firms 
operating in the securities or insurance sectors in Chile. 
 
 (1) Unbound 
(2) Unbound 
(3) Foreign banking institutions must be 
companies legally constituted in their 
country of origin and must put up the 
capital required by Chilean law.  
 
 
  
 
  
 
  
 
  
 
  
 
 
 
  
 
 (1)   Unbound 
(2)   Unbound 
(3)   None    TN/S/O/CHL/Rev.1
 Page 29Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
Lending 
(includes only current loans, loans in 
letters of credit, endorsable 
mortgage loans, the purchase of financial instruments with resale 
undertaking, credit for the issue of 
bank guarantee vouchers or other types of financing, the issue and 
negotiation of letters of credit for 
imports and exports, and the issue and confirmation of stand-by letters 
of credit) 
          
Purchase of publicly offered 
securities (includes only the 
purchase of bonds and letters of 
credit and the underwriting thereof) Foreign banking institutions may only 
operate: 
 (i) Through shareholdings in Chilean 
banks established as corporations; 
 (ii) by becoming established as a 
corporation in Chile; 
 (iii) as branches of foreign 
corporations, in which case the legal 
personality in the country of origin is 
recognized. The capital considered for the purposes of foreign bank branch 
operations in Chile is that effectively 
invested in Chile, not that of the parent company. 
 Prior authorization from the SBIF is 
required for the modification or transformation of the type of 
commercial presence of a foreign bank 
operating in Chile. 
 
No national or foreign natural or legal 
person may acquire directly or through third parties shares in a bank which, alone or 
added to the shares such a person already 
possesses, represent more than 10 per cent of the bank's capital without having first 
obtained the authorization of the SBIF. 
Likewise, the partners or shareholders of a financial institution may not transfer a 
percentage of rights or shares in the 
company in excess of 10 per cent without 
having obtained authorization from the 
SBIF.    TN/S/O/CHL/Rev.1 
Page 30 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
Credit card issue and operations 
(81133) (includes only credit cards issued in Chile) 
 
Discounting or acquisition of bills of 
exchange and promissory notes 
  Endorsement and gu arantee of third-
party liabilities in Chilean currency 
  Securities custody 
  
 
a.2) Complementary banking services: 
Financial leasing  (81120) (These companies may offer leasing 
contracts only for goods acquired at the 
client's request, i.e., they cannot acquire 
goods in order to stock and offer them 
for leasing.) (4) Unbound, except as indicated in the 
horizontal section. 
 
 
  
 
  
 
  
 
(1) Unbound 
(2) Unbound (3) In addition to the conditions specified 
above, only domestic and foreign 
banking enterprises established in Chile 
can provide financial leasing services.  
To do so, they must establish 
subsidiaries with their own separate legal personality, their own capital and 
exclusive line of business, subject to 
prior authorization from the SBIF. 
  Financial leasing services are regarded 
as complementary banking services and, 
consequently, the SBIF is empowered to 
extend or restrict the operation of the financial leasing services which 
institutions may offer, and the latter may 
only offer the services expressly authorized by the SBIF. 
 (4) Unbound, except as indicated in the 
horizontal section. 
            (1) Unbound (2) Unbound (3) None     TN/S/O/CHL/Rev.1
 Page 31Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
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Advisory and other auxiliary financial 
services (8133)  
 (includes only the services indicated 
in the banking section of this 
Schedule) (4) Unbound, except as indicated in the 
horizontal section. 
 
(1) Unbound (2) Unbound 
(3) In addition to the conditions specified 
above, in Chile ad visory and other 
auxiliary financial services are 
regarded as complementary to the 
services which can be provided by 
established banks. Consequently, 
domestic and foreign banks must set up 
subsidiaries with their own capital in order to be able to provide these 
services and must obtain the 
appropriate author ization from the 
SBIF. 
(4) Unbound, except as indicated in the 
horizontal section. 
 (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) Insurance and reinsurance services:  
1. In Chile, the insurance business is divided into two groups:  the first group comprises companies that insure goods and prop erty against the risk of loss or damage, while the 
second comprises those that provide personal insurance or that gu arantee, within or at the end of a certain term, a capital sum , a paid-up policy or an income for the insured 
person or his or her beneficiaries. An insurance company may not be constituted in such a way as to cover both categories of ri sk. 
2. Credit insurance companies, even  though classified in the first group, must be established as corporations with the sole pur pose of covering this type of risk, i.e., loss of or 
damage to the property of the insured person as a result of the non-payment of a money debt or loan; coverage of guarantee and fidelity risks is also permitted. 
3. The Chilean insurance schedule does not include in surance related to the social security system. 
  TN/S/O/CHL/Rev.1 
Page 32 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
Insurance: 
 
 Sale of direct life insurance (does not 
include insurance related to the social security system) (81211) 
  Sale of direct general insurance 
(8129, except for 81299)  
(Excludes social security institutions (ISAPRES), i.e., legal persons set up 
for the purpose of providing health 
benefits to persons who opt to become members and financed by 
the statutory contribution of a 
percentage of taxable income established by law or a higher 
amount, as the case may be. It also 
excludes the National Health Fund (FONASA), a public service 
financed by the government and the 
statutory contribution of a percentage 
of taxable income established by law, 
which is jointly responsible for paying benefits under the optional 
health scheme which persons who 
are not members of an ISAPRE may join.)  
 
 
(1) Unbound (2) Unbound 
 
(3) Insurance services can be provided 
only by insurance corporations 
established in Chile for the exclusive 
purpose of developing this line of business, i.e., either direct life 
insurance or direct general insurance.  
In the case of general credit insurance (81296), companies must be 
established as insurance corporations 
with the exclusive purpose of covering this type of risk.  Insurance 
corporations can be legally constituted 
only in accordance with the provisions 
of the Law on Corporations.  Insurance 
may be taken out either directly or through insurance brokers who, in 
order to engage in such activities, must 
be enrolled in the Register maintained by the Securities and Insurance 
Supervision Department (SVS) and 
satisfy the legal requirements. 
 
(4) Unbound, except as indicated in the 
horizontal section. 
 
  
 
 
(1) Unbound (2) Unbound 
 
(3) None 
 
 
                
(4) Unbound, except as indicated in the 
horizontal section. 
 
    TN/S/O/CHL/Rev.1
 Page 33Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
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Insurance broking (81401) 
 
       
Reinsurance and retrocession: 
(including reinsurance brokers) 
 (1) Unbound 
(2) Unbound 
(3) Must be enrolled in the SVS Register 
and fulfil the requirements laid down by this body.  Only legal persons 
legally constituted in Chile for this 
specific line of business may provide this service. 
(4) Unbound, except as indicated in the 
horizontal section. 
 
(1) Foreign reinsurance companies and 
foreign reinsurance brokers must be enrolled in the SVS Register of foreign 
reinsurers and fulfil the requirements 
laid down by this body. 
(2) Unbound  
(3) Reinsurance services are provided by 
reinsurance corporations established in 
Chile in accordance with the Law on 
Corporations and au thorized by the 
SVS.  Insurance corporations may also 
provide reinsurance services as a 
complement to their insurance business if their articles of association so allow. 
 (1) Unbound 
(2) Unbound 
(3) None 
  
 
  
(4) Unbound, except as indicated in the 
horizontal section. 
 
(1) Premiums ceded under this heading 
are subject to a tax of six per cent. 
 
 
 (2) Unbound 
(3) None 
 
  
  Reinsurance services may also be 
provided by foreign reinsurers and 
foreign reinsurance brokers enrolled in 
the Register maintained by the SVS.   
 (4) Unbound, except as indicated in the 
horizontal section. (4) Unbound, except as indicated in the 
horizontal section.   TN/S/O/CHL/Rev.1 
Page 34 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
(c) Securities services : 
 
1. Publicly offered securities may be traded by legal persons the specific line of business of which is securities brokerage, e ither as members of a stock exchange (stockbrokers) 
or outside the exchange (securities agents). These institutions mu st be registered with the Securities and Insurance Supervisio n Department (SVS).  However, only 
stockbrokers may trade shares or derivatives (subscription optio ns) on the stock exchange. Non-sh are securities may be traded b y stockbrokers or secur ities agents registered 
with the SVS. 
 2. The purpose of financial portfolio management is to diversify investments, on behalf of third parties, over a range of instr uments. Such services may be provided by securities 
traders (stockbrokers and securities agents) fo r their clients as a complementary activity.  
 3. Risk rating services for publicly offe red securities are provided by rating agencies  constituted for this sole purpose. Such  agencies must be enrolled  in the SVS Register of 
Risk Rating Agencies and are inspected and controlled by this body. Responsibility for inspecting rating agencies offering risk  rating services for securities issued by banks 
and financial institutions, however, falls to the Banking and Financial Institutions Supervision Department (SBIF). 
 4. Securities custody consists of the physical safe-keeping of st ocks and shares and may be undertaken by securities intermedia ries (stockbrokers and securities agents) as an 
activity complementary to their sole line of business.  The Chilean Schedule for the securities sector does not include service s offered by firms which simultaneously 
undertake the custody, clearance and settlement of securities (centralized s ecurities depositories). 
 5. Financial advisory services, including financial advice on fi nancing alternatives, investment appraisal, investment possibil ities and debt rescheduling strategies, may be 
undertaken by securities intermediaries (stockbrokers and secur ities agents) as an activity complementary to their sole line of  business.  
 6. Securities services that may be provided by banking instituti ons, either directly or through subsidiaries, are listed in the  banking services section of this Schedule and excluded 
from the securities services section. 
   TN/S/O/CHL/Rev.1
 Page 35Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
Broking of publicly offered 
securities, except shares (81321) 
 (includes underwriting) 
 
           
 (1) Unbound 
(2) Unbound 
(3) Brokerage activities must be provided 
through a corporation established in Chile and require prior enrolment in the 
SVS Register of stockbrokers and 
securities agents. In addition to the legal requirement concerning assets, 
the SVS may impose more stringent 
non-discriminatory provisions regarding economic solvency on 
intermediaries, taking into account the 
nature of their operations, the amounts involved, the types of instrument 
negotiated and the category of 
intermediary to which they apply. 
(4) Unbound, except as indicated in the 
horizontal section. 
 (1) Unbound 
(2) Unbound  
(3) None            (4) Unbound, except as indicated in the 
horizontal section. 
  
 
Broking of publicly offered shares in 
corporations  (81321) 
     (includes underwriting)  
(1) Unbound 
(2) Unbound (3) In order to trade on the stock exchange, 
intermediaries (brokers) must be constituted as corporations in Chile.  
They must acquire a share in their 
respective stock exchange and be accepted as members of this exchange.  
Prior enrolment in the SVS Register of 
stockbrokers and securities agents is 
required for brokerage activities.  
(1) Unbound  
(2) Unbound (3) None     TN/S/O/CHL/Rev.1 
Page 36 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
 In addition to the legal requirement 
concerning assets, the SVS may impose more stringent non-discriminatory 
requirements regarding economic 
solvency on intermediaries, taking into account the nature of their operations, 
the amounts involved, the types of 
instrument negotiated and the category of intermediary to which they apply. 
(4)  Unbound, except as indicated in the 
horizontal section. 
  
 
     
 (4)  Unbound, except as indicated in the 
horizontal section. 
  
Securities risk rating  
(relates solely to rating or giving an 
opinion on publicly offered securities) (1) Unbound  
(2) Unbound (3) Companies must be established in 
Chile as a company of persons. One of 
the specific requirements is that not less than 60 per cent of the company's 
capital must be held by the principal 
partners (natural or legal persons in this line of business holding a minimum of 
five per cent of the membership rights 
in the rating agency).  Such companies must be enrolled in the SVS Register of 
Risk Rating Agencies and their rating 
board must consist of professionals with a university degree or equivalent 
higher education qualification and an 
unblemished business record, and the majority of whom must have had at 
least three years' work experience in 
the economic and financial field. 
(4) Unbound, except as indicated in the 
horizontal section. 
 (1) Unbound  
(2) Unbound (3) None 
 
  
 
  
 
  
 
  
 
  
 
 
(4) Unbound, except as indicated in the 
horizontal section. 
    TN/S/O/CHL/Rev.1
 Page 37Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
Securities custody undertaken by 
securities intermediaries (81319) 
(does not include services offered by 
suppliers who combine custody with 
securities clearance and settlement 
(custodial accounts)). 
 
 
  
 
  
 
 
Financial consultancy services 
provided by securities intermediaries 
(81332) 
 (financial advisory services refer 
only to the securities services 
included in this Schedule.) 
 (1) Unbound  
(2) Unbound  
(3) In order to provide securities custody 
services, the intermediaries (brokers) must be constituted as corporations in 
Chile.  In addition to the legal 
requirement concerning assets, the SVS may impose more stringent 
non-discriminatory provisions 
regarding economic solvency on the intermediaries, taking into account the 
nature of their operations, the amounts 
involved, the types of instrument negotiated, and the category of 
intermediary to which they apply. 
(4) Unbound, except as indicated in the 
horizontal section. 
 (1) Unbound (2) Unbound (3) Financial advisory services provided by 
securities intermediaries established as 
corporations in Chile require prior enrolment in the SVS Register of 
stockbrokers and securities agents.  In 
addition to the legal requirement concerning assets, the SVS may impose 
more stringent non-discriminatory 
provisions regarding economic solvency on the intermediaries, taking 
into account the nature of their 
operations, the amounts involved, the types of instrument negotiated and the 
category of intermediary to which they 
apply. (1) Unbound 
(2) Unbound 
(3) None           
(4) Unbound, except as indicated in the 
horizontal section. 
 (1) Unbound (2) Unbound (3) None    TN/S/O/CHL/Rev.1 
Page 38 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
 
 
 
 
 Portfolio management by security 
intermediaries  
 (This does not under any 
circumstances include the following:  
management of mutual funds, foreign capital investment funds, investment 
funds or pension funds.) 
  
  
 
  
 
 
 
 
General deposit warehouses 
(warrants) 
 (Corresponds to merchandise 
warehousing services accompanied 
by the issue of a deposit certificate 
and a chattel mortgage receipt.) (4) Unbound, except as indicated in the 
horizontal section 
 
 
(1) Unbound 
(2) Unbound  
(3) Portfolio management services 
provided by security intermediaries established as corporations in Chile 
require prior enrolment in the SVS 
Register of stockbrokers and securities agents.  In addition to the legal 
requirement concerning assets, the SVS 
may impose more stringent non-discriminatory provisions 
regarding economic solvency on 
intermediaries, taking into account the nature of their operations, the amounts 
involved, the types of instrument 
negotiated, and the category of 
intermediary to which they apply. 
(4) Unbound, except as indicated in the 
horizontal section. 
 
(1) Unbound* (2) Unbound 
(3) Only legal persons legally established 
in Chile with the provision of warrant services as their sole business. 
(4) Unbound, except as indicated in the 
horizontal section. (4) Unbound, except as indicated in the 
horizontal section 
 
 (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.    TN/S/O/CHL/Rev.1
 Page 39Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
 TOURISM AND TRAVEL-
RELATED SERVICES 
  The purchase of foreign exchange by 
Chilean nationals wishing to procure tourism services under mode of supply (2) 
is subject to foreign exchange control 
measures laid down by the Council of the Central Bank of Chile in accordance with 
its statutory powers.   
 Hotels and restaurants 
Hotel lodging 
(64110) (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.  
Motel lodging 
(64120) (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. 
  
Apartment-hotels 
(64193) (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. 
  
Camping services 
(64195) (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  
Meal serving services with full 
restaurant service  
(64210) (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/CHL/Rev.1 
Page 40 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
Meal serving services in self-service 
facilities (64220) (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  
Caterer services 
(64230) (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.  
Bars without entertainment 
(64310) (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.  
Bars with entertainment  
(64320) (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.  
Travel agency and tour  
operator services 
Travel agencies and tour operators 
(74710) (1) Unbound  None  
(2) None (3) None (4) Unbound, except as indicated in the 
horizontal section. 
 (1) Unbound  None  
(2) None (3) None (4) Unbound, except as indicated in the 
horizontal section.  
Tourist guide services  
(74720) (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/CHL/Rev.1
 Page 41Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
 TRANSPORT SERVICES      
A. Maritime transport services (other 
than domestic cabotage and 
internal waterways transport)       
Passenger transportation (7211)  
 (1), (2) and (3) To fly the Chilean flag, a 
vessel must be registered by a Chilean 
natural or legal person, for which the 
Chilean legal person must be 
constituted with domicile and ac tual 
principal place of business in Chile, 
and its president, manager and most 
of the directors or administrators 
must be Chilean natural persons. 
Furthermore, over 50 per cent of its 
equity must belong to Chilean natural 
or legal persons. For these purpos es, a 
legal person with an equity 
investment in another legal owner of a 
vessel must fulfil all of the above 
requirements .  (1), (2) and (3) None/Chile may grant 
preferential subsidies to Chilean 
nationals.  
 
  
  A vessel may be registered as jointly 
owned  if most of the co -owners are 
Chilean with domicile and residence 
in Chile; the administrators must be 
Chilean and the majority of the co -
ownership rights must belong to 
Chilean natural or legal persons. For 
these purposes, a legal co -owner of a 
vessel mus t fulfil all of the above 
requirements to be considered 
Chilean.  
    TN/S/O/CHL/Rev.1 
Page 42 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
  Special vessels belonging to foreign 
natural or legal persons domiciled in 
Chile may, under certain conditions, 
be registered in the country.  
 Chile maintains its MFN exceptions.  
(4) Unbound.  
  
 
 
  
(4) Unbound, except as indicated in the 
horizontal section/Chile may grant 
preferential subsidies to Chilean 
nationals.  
  
Freight transportation (7212)  
 
  (1), (2) and (3) To fly the Chilean flag, a 
vessel must be registered by a Chilean 
natural or legal person, for which the 
Chilean legal person must be 
constituted with domicile and actual 
principal place of business in Chile, 
and its president, manager and most 
of the directors or administrators 
must be Chilean natural persons. 
Furthermore , over 50 per cent of its 
equity must belong to Chilean natural 
or legal persons. For these purposes, a 
legal person with an equity investment 
in another legal owner of a vessel must 
fulfil all of the above requirements .  (1), (2) and (3) None/Chile may gr ant 
preferential subsidies to Chilean 
nationals.  
  
  A vessel may be registered as jointly 
owned if most of the co -owners are 
Chilean with domicile and residence 
in Chile; the administrators must be 
Chilean and the majority of the co -
ownership rights must  belong to 
Chilean natural or legal persons. For 
these purposes, a legal co -owner of a 
vessel must fulfil all of the above 
requirements to be considered 
Chilean.       TN/S/O/CHL/Rev.1
 Page 43Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
  Special vessels belonging to foreign 
natural or legal persons domiciled in 
Chile may, un der certain conditions, 
be registered in the country.  
 
 There are restrictions for vessels 
flying foreign flags on the routes to 
and from Chile and Ecuador 
(hydrocarbons), Mexico (vehicles, 
parts and components), Brazil, 
Bolivia and Paraguay.  
 
 Chile main tains its MFN exceptions.   
(4)  Unbound.  
  
 
 
  
 
  
 
  
 
 
(4) Unbound, except as indicated in the 
horizontal section/Chile may grant 
preferential subsidies to Chilean 
nationals.  
  
 AUXILIARY AIR TRANSPORT 
SERVICES    
1- Opening of offices (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. 
  
2- Issue and sale of air-transport fares 
and tickets (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. 
   TN/S/O/CHL/Rev.1 
Page 44 Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons 
Sector or subsector Limitations on market access Limitations on national  treatment Additional commitments 
3- Computer reservation systems (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.  
4- Ground operation of support 
equipment (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.  
5- Aircraft maintenance (1) Unbound  Unbound * 
(2) Unbound (3) None (4) Unbound, except as indicated in the 
horizontal section. (1) Unbound  Unbound  * 
(2) Unbound (3) None (4) Unbound, except as indicated in the 
horizontal section.  
 
 
  TN/S/O/CHL/Rev.1 
 Page 45 
 
 
REFERENCE PAPER  
 Scope
 
  The following are definitions and principles relating to the regulatory framework for basic 
telecommunications services. 
 Definitions
 
  Users
 mean service consumer s and service suppliers. 
 
 Essential facilities  mean facilities of a public telecomm unications 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 pr eventing suppliers who, alone or 
together, are a major supplier  from engaging in or continui ng 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 competitors with anti-competitive results;  and 
 
(c) not making available to other services  suppliers on a timely basis technical  information 
about essential facilities and commercially re levant information wh ich is necessary for 
them to provide services.  
 2. Interconnection
 
 
2.1 This section applies to linking with supplie rs providing public teleco mmunications 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 a nother supplier, where sp ecific commitments are 
undertaken. TN/S/O/CHL/Rev.1 
Page 46  
 
2.2 Interconnection to be ensured
 
  Interconnection with a major supplier shall be en sured at any technically feasible point in the 
network.  Such interconn ection shall be provided: 
 
(a) under non-discriminatory terms, conditions (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 n on-affiliated service suppliers or for its 
subsidiaries or other affiliates; 
 
(b) in a timely fashion, on terms, conditions (including technical standards and 
specifications) and cost-oriented rates that are transparent, reasonable, having regard to economic feasibility, and suffi ciently 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 the 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 fo r interconnection to a major s upplier shall be made publicly 
available.  2.4 Transparency of interconnection arrangements
 
 
 A major supplier shall make eith er its interconnection agreements  or a reference interconnection 
offer publicly available.  2.5 Interconnection:  Dispute settlement
 
 
 A service supplier requesting in terconnection with a major supplie r shall have recourse, either: 
 
(a) at any time or 
 
(b) after a reasonable period of time  which has been made publicly known 
 
to an independent domestic body, which may be a regu latory body as referred to  in paragraph 5 below, 
to resolve disputes regarding a ppropriate terms, cond itions 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 universal service obligation it wishes to 
maintain.  Such obligations shall no t be regarded as anti-competitive per se , provided that they are 
administered in a transparent, non-discriminatory and comp etitively neutral manner and are not more 
burdensome than necessary for the kind of universal service defined by the Member.      
  TN/S/O/CHL/Rev.1 
 Page 47 
 
 
4. Public availability of licensing criteria  
  Where a licence is required, the followi ng shall be made publicly available: 
 
(a) all the licensing criteria and the period of  time normally require d to reach a decision 
concerning an application for a licence, and 
 
(b) the terms and conditions of individual licences. 
  The reasons for the denial of a licence sha ll be made known to the applicant upon request. 
 
5. Independent regulators
 
  The regulatory body is separate from, and not accountable to, an y supplier of basic 
telecommunications services. The decisions of and procedures used by regulators shall be impartial with 
respect to all market participants. 
 6. Allocation and use of scarce resources
 
  Any procedures for the allocation and use of scarce resources, including frequencies, numbers 
and rights of way, shall be carr ied out in an objective, timely, transparent and non-discriminatory 
manner. The current st ate of allocated frequency bands shall be  made publicly availa ble, but detailed 
identification of frequencies allocated for specific government us es is not required. 
  
  TN/S/O/CHL/Rev.1
 Page 49CHILE - FINAL LIST OF ARTICLE II (MFN) EXEMPTIONS  
Sector or subsector Description of measure indicating 
its inconsistency with Article II Countries to which the 
measure applies Intended duration Conditions creating the need for 
the exemption 
All Measures establishing dispute-
settlement procedures contained in existing or future bilateral investment protection treaties. 
 All.  Chile currently has 
agreements with Germany, Switzerland and Spain. Subject to the duration of the 
treaty concerned Promotion of investment 
International maritime 
freight transportation Reciprocal measures concerning 
access to freight by Chilean vessels. 
 All Indefinite Need to  ensure market access 
International maritime 
freight transportation Pursuant to the 1974 bilateral 
convention, all freight between the two countries must be carried on 
vessels flying the Chilean or Brazilian 
flags. 
 Brazil Subject to the term of the 
agreement Promotion of reciprocal trade 
Maritime transport Rates, commissions or shares relating 
to maritime freight to or from Chilean ports and other revenue from services 
to vessels and cargo in national or 
foreign ports necessary for the 
purposes of such transportation are 
subject to a tax on the total amount of revenue derived from these 
operations. 
 All Indefinite Need to  ensure market access 
 This tax is not imposed on revenue 
generated by foreign vessels provided that, in their countries of registration, there is no similar tax or equivalent or 
similar exemptions are granted to 
Chilean shipping enterprises.  
     
 TN/S/O/CHL/Rev.1 
Page 50 Sector or subsector Description of measure indicating 
its inconsistency with Article II Countries to which the 
measure applies Intended duration Conditions creating the need for 
the exemption 
 If a vessel is operated by or belongs to 
a shipping enterprise domiciled in a country that is not the country of registration, the requirement of 
reciprocity applies to each country. 
    
Maritime transport 
Coastal waters 
(cabotage) Only for freight exceeding 900 metric 
tonnes.  Certain foreign suppliers may 
be excluded from tendering. 
 All Indefinite Need to  ensure market access 
International land 
transport (freight and passengers) National treatment is granted to 
suppliers from countries which have signed the 1977 International Land Transport Convention. 
 Argentina, Bolivia, Brazil, 
Paraguay, Peru and Uruguay Subject to the term of the 
agreement Promotion of regional integration 
Audiovisual National treatment is granted for co-
produced cinematographic works in 
accordance with existing or future 
cinematographic co-production 
agreements. 
 All.  Only one agreement, with 
France, exists at present. Subject to the term of the 
respective agreement Promotion of artistic and technical 
works. 
 
__________