RESTRICTEDWORLD TRADE
ORGANIZATIONTN/S/O/PRY
11 April 2003
(03-2036)
Council for Trade in Services
Special SessionOriginal:  Spanish
PARAGUAY
Initial Offer
The following initial offer was received from the Delegation of Paraguay on 10 April 2003
with the request that it be circulated to Members of the Council for Trade in Services.
_______________
Notes:
1) This initial offer is not a legal text and is submitted solely for the purpose of negotiation in the
context of paragraphs 47 and 49 of the Doha Minister ial Declaration, especially in the light of the need
to achieve an overall balance in the outcome of all World Trade Organization (WTO) negotiations.
This offer may be expanded, modified or withdrawn and is conditional upon such a balance, for which
reason the Republic of Paraguay reserves the right to modify and/or withdraw it during the course of
the negotiations.
2) With regard to issues relating to domestic regulation and GATS rules, Paraguay prioritizes the
negotiation of horizontal disciplines in the framewor k of paragraph 7 of the Guidelines and Procedures
for the Negotiations on Trade in Services (S/L/93).TN/S/O/PRY
Page 2 PARAGUAY - INITIAL OFFER OF SPECIFIC COMMITMENTS
Modes of supply 1)  Cross-border supply 2)  Consumption abroad 3)  Commercial presence 4)  Presence of natural persons
Sector or sub-sector Limitations on market access Limit ations on national treatm ent Additional commitments
1. BUSINESS SERVICES
1.B. COMPUTER AND RELATED SERVICES
1. Computer and Related
Services
(CPC 84, except for time-
stamping services and digitalcertification services, CPC8432, 8433 and 8439)1) Unbound
2) Unbound
3) None
4) Unbound1) Unbound
2) Unbound
3) None4) UnboundTN/S/O/PRY
Page 3Modes of supply 1)  Cross-border supply 2)  Consumption abroad 3)  Commercial presence 4)  Presence of natural persons
Sector or sub-sector Limitations on market access Limit ations on national treatm ent Additional commitments
7. FINANCIAL SERVICES
A. All insurance and
insurance-related services
Insurance (excluding
reinsurance and retrocession)(CPC 812)1) Unbound
2) Unbound3) None
4) Unbound, except for senior personnel and
specialists1) Unbound
2) Unbound
3) None
4) Unbound, except for senior personnel and
specialists
Reinsurance and retrocession(CPC 81299)1) None
2) None3) None
4) Unbound, except for senior personnel and
specialists1) None
2) None3) None
4) Unbound, except for senior personnel and
specialists
B. Banking
Acceptance of deposits and other
repayable funds from the public
(CPC 81115 –81119)1) Unbound
2) Unbound
3) None4) Unbound, except for senior personnel and
specialists1) Unbound
2) Unbound
3) None4) Unbound, except for senior personnel and
specialists
Lending of all types, including
consumer credit, mortgage
credit, etc.(CPC 8113)1) Unbound
2) Unbound
3) None4) Unbound, except for senior personnel and
specialists1) Unbound
2) Unbound
3) None4) Unbound, except for senior personnel and
specialists
Other services auxiliary to
financial intermediation
 (CPC 81331-81334)1) None
2) None3) None4) Unbound, except for senior personnel and
specialists1) None
2) None3) None4) Unbound, except for senior personnel and
specialistsTN/S/O/PRY
Page 4Modes of supply 1)  Cross-border supply 2)  Consumption abroad 3)  Commercial presence 4)  Presence of natural persons
Sector or sub-sector Limitations on market access Limit ations on national treatm ent Additional commitments
9. TOURISM
A. Hotels and restaurants
(CPC 641-643)1) None
2) None3) None4) Unbound1) None
2) None3) None4) Unbound
B. Travel agencies and tour
operator services
(CPC 7471)1)      None
2)      None
3)      Operators for tourism in the country1
4)      Unbound, except for senior managerial
personnel, with staff training programmes1)        None
2)        None
3)        Unbound
4)  Unbound, except for senior managerial
personnel, with staff training programmes
B.1 Travel agency and tour
operator services
(CPC 7471)1) None
2) None
3) Unbound
4) Unbound, except for senior managerial
personnel with staff training programmes1) None
2) None3) Unbound 4) Unbound, except for senior managerial
personnel with staff training programmes
B.2. Travel agency and tour
operator services catering
for tourism within the
country1) None
2) None
3) None
4) Unbound, except for senior managerial
personnel with staff training programmes1) None
2) None
3) None
4) Unbound, except for senior managerial
personnel with staff training programmes
C. Tourist guide services
(CPC 7472)1) None
2) None3) None4) Unbound, except for specialists
21) None2) None3) None4) Unbound, except for specialists
 2
__________
                                                     
1 Enterprises providing services for tourism in Paraguay by travellers from abroad.
2  Qualified persons exercising the profession of tourist guide.