RESTRICTEDWORLD TRADE
ORGANIZATIONTN/S/O/BOL
29 September 2003
(03-5102)
Council for Trade in Services
Special SessionOriginal:  Spanish
BOLIVIA
Initial Offer
The following initial offer was received from the Delegation of Bolivia on
22 September 2003 with the request that it be circulated to Members of the Council for Trade in
Services.
_______________
1. Pursuant to paragraph 6 of the Doha Ministerial Declaration concerning Members’
commitment to submit a conditional initial offer for the negotiations provided for in Article XIX of
the General Agreement on Trade in Services (GATS), Bolivia hereby submits its conditional initial
offer of specific commitments in services.
2. By means of this offer, Bolivia reiterates its WTO commitment to achieving a progressively
higher level of liberalization and delivering effective access to its services markets.
3. Given that Bolivia's offer takes the concepts set forth in Article I.3 of the GATS into account,
the attached offer does not include services supplied in the exercise of governmental authority.
4. Furthermore, pursuant to Article VI of the GATS, Bolivia 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, inter alia . Likewise, Bolivia reserves
the right to revise or amend this offer in the light of the outcome of the work of the Working Party on
GATS Rules and the Working Party on Domestic Regulation.
5. Bolivia reiterates that this offer is conditional and that it therefore reserves the right to
withdraw, amend or supplement all or part of it at any time prior to the conclusion of the negotiations.
It also reserves the right to submit technical amendments or corrections.
6. Insofar as was possible, Bolivia drew up its Schedule of Commitments on the basis of the
Services Sectoral Classification List (MTN.GNS/W/120) and in accordance with the definitions in the
United Nations' Provisional Central Product Classification.TN/S/O/BOL
Page 3BOLIVIA - CONSOLIDATED SCHEDULE OF SPECIFIC COMMITMENTS
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 Limit ations on national treatm ent Additional commitments
I. HORIZONTAL COMMITMENTS
ALL SECTORS INCLUDED
IN THIS SCHEDULE
Commercial presence
3) The State establishes specific conditions
for granting individuals concessionsrelating to the soil and subsoil of Bolivianterritory, including lake and river waters.
To engage in trade on a regular basis,
foreign enterprises are required to set up
subsidiaries, branches or permanent
representative offices and to establish
permanent domicile in nationalterritory.Foreign legal rep resentatives must
demonstrate residence in the country.3) Foreigners may not acquire or own land or
subsoil within 50 km. of the border.
4) Unbound, except for natural persons in
the following categories:- managers;- executives;- specialists.
The number of foreign employees in an
enterprise may not exceed 15 per cent ofthe total.
This 15 per cent is to consist of senior
personnel, managers, executives and
specialists.4) Unbound, except for natural persons in the
categories mentioned in the market accesscolumn.
One-and two-year residence permits are granted,
subject to the requirement of an employmentcontract associated with a commercial presence.TN/S/O/BOL
Page 4Modes of supply 1)  Cross-border supply 2)  Consumption abroad 3)  Commercial presence 4)  Presence of natural persons
Sector or subsector Limitations on market access Limit ations on national treatm ent Additional commitments
II. SECTOR-SPECIFIC COMMITMENTS
1. BUSINESS SERVICES
E. Rental/leasing services
without operators
(c) Leasing or rental
services concerningprivate cars withoutoperator
(CPC 83101)1) Unbound
2) Unbound
3) Unbound
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) Unbound
3) Unbound
4) Unbound, except as indicated in the
horizontal section.
F. Other business services
(p) Photographic services
Photography and motion
picture processing services
(CPC 87505 and 87506)1) Unbound
2) Unbound
3) Unbound
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) Unbound
3) Unbound
4) Unbound, except as indicated in the
horizontal section.
2. COMMUNICATION 
SERVICES
2.C. Telecommunications services
All subsectors 1) and 3) Subject to spectrum availability.
3) No restriction on foreign investment in
basic public telecommunications servicesuppliers (local, domestic long-distance or
international) or  any other supplier of
basic telecommunications.The Government of Bolivia has
adopted additional commitments asset out in the Annex.TN/S/O/BOL
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 Limit ations on national treatm ent Additional commitments
Domestic long-distance and
international services forpublic use;  switched ordedicated services, includingvoice, data, message or video
services provided by
telephone lines, channeltransmission cables,microwaves, satellite, radiofrequencies or any othertechnology:
(a) Voice telephony;
(b) Packet-switched data
transmission services;
(c) Circuit-switched data
transmission services;
(d) Telex services;
(e) Telegraph services;(f) Facsimile services;(g) Leased circuit services.1) Callback for international voice services is
prohibited.
2) None3) After 27 November 2001, none other than
the requirement of commercial presence.
ENTEL has been granted an exclusive
contract for six years to provide domesticlong-distance and internationaltelecommunications services (excludingmobile telecommunications services).
4) Unbound, except as indicated in Section 1
the horizontal section.1) None
2) None
3) None
4)  Unbound, except as indicated in Section 1  the
horizontal section.TN/S/O/BOL
Page 6Modes of supply 1)  Cross-border supply 2)  Consumption abroad 3)  Commercial presence 4)  Presence of natural persons
Sector or subsector Limitations on market access Limit ations on national treatm ent Additional commitments
(a) Voice telephony
- Local services for public use
provided by fixedinfrastructure.1) None after 27 November 2001.
2) None3) 16 local telecommunications cooperatives
have obtained exclusive contracts for thesupply of local telecommunications
services in defined geographical areas.
Commercial presence is required.
4) Unbound, except as indicated in Section 1
the horizontal section.1) None
2) None
3) None
4) Unbound, except as indicated in Section 1  the
horizontal section.
Local data, message and video
services for public use:
(b) Packet-switched data
transmission services;
(c) Circuit-switched data
transmission services;
(d) Telex services;
(e) Telegraph services;(f) Facsimile services.1) Commercial presence required.
2) None3) Commercial presence required.4) Unbound, except as indicated in Section 1
the horizontal section.1) None
2) None3) None4) Unbound, except as indicated in Section 1
 the
horizontal section.
Local, domestic long-distance
and international voice, data,
message and video services
for non-public use (servicesprovided to closed groups ofusers distinct from the serviceprovider):
(a) Voice telephony;
(b) Packet-switched data
transmission services;
(c) Circuit-switched data
transmission services;1) Until 27 November 2001, domestic long-
distance and international service only
using the ENTEL infrastructure.
Commercial presence required for localservices.
2) None3) Until 27 November 2001, domestic long-
distance and international service only
using the ENTEL infrastructure.
Commercial presence required for localservices.
4) Unbound, except as indicated in Section 1
the horizontal section.1) None
2) None
3) None
4) Unbound, except as indicated in Section 1  the
horizontal sectionTN/S/O/BOL
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 Limit ations on national treatm ent Additional commitments
(d) Telex services;
(e) Telegraph services;(f) Facsimile services
(o) Other
Mobile services (supplied by
land radio stations):
- Cellular services;
- Mobile data services;- Radio determination and radio
navigation;
- Paging services;
- Personal communications
services (PCS);
- Satellite mobile services,
dispatch services.1) Commercial presence required.
2) None3) Commercial presence required.
4) Unbound, except as indicated in Section 1
the horizontal section.1) None
2) None3) None
4) Unbound, except as indicated in Section 1
 the
horizontal section.TN/S/O/BOL
Page 8Modes of supply 1)  Cross-border supply 2)  Consumption abroad 3)  Commercial presence 4)  Presence of natural persons
Sector or subsector Limitations on market access Limit ations on national treatm ent Additional commitments
7. FINANCIAL SERVICES:
The commitments in this section shall prevail in the event of any inconsistency with the horizontal commitments section.
A. Insurance and insurance-
related servicesThe activities and operation of insurance and
intermediary and auxiliary insurance service
companies are subject in all cases to express
prior authorization from the InsuranceSupervisory Authority.
Insurance companies must put up capital in an
amount established by the Insurance and
Reinsurance Supervisory Authority and invest
their capital and reserves in the areas and inaccordance with the conditions laid down bythe relevant laws and regulations.Foreign companies must present their books of
account to the relevant national bodiesindependently of the parent company.
(a) Direct insurance (including
co-insurance)
including:
1) Life insurance and
insurance of persons
2) Insurance other than life
insurance and insuranceof persons1) Unbound
2) Unbound
3) None, except that foreign suppliers must
set up as branch offices or companieslegally constituted in the country.
Decisions on the right of establishment
will take account of the economic
advantages for the country and the
specific needs of the domestic insurancemarket.
Suppliers must adopt one of the
following legal forms exclusively:1) Unbound
2) Unbound
3) UnboundTN/S/O/BOL
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 Limit ations on national treatm ent Additional commitments
(a) Public limited company established
in the country or abroad;
(b) cooperative or mutual fund.
Agencies and representative offices are
prohibited. The concepts of branch office,
agency and representative office are to beunderstood as defined in nationallegislation.
4) Unbound 4) Unbound
(b) Reinsurance and retrocession 1) None, except registration with the
Insurance and Reinsurance SupervisoryAuthority.1) None
2) None, except registration with the
Insurance and Reinsurance SupervisoryAuthority.
3) The same as for direct insurance
companies.
4) Unbound2) None
3) None, except that branch offices must maintain
a minimum amount of capital and reserves in
the country to cover their operations.
4) Unbound
(c) Insurance intermediation
1) Insurance brokers and
agents1) Unbound
2) Unbound3) None4) Unbound1) Unbound
2) Unbound3) Unbound4) Unbound
2) Reinsurance brokers 1) None, except registration with the
Insurance and Reinsurance SupervisoryAuthority.
2) None, except registration with the
Insurance and Reinsurance SupervisoryAuthority.
3) None
4) Unbound1) Unbound
2) Unbound
3) Unbound
4) UnboundTN/S/O/BOL
Page 10Modes of supply 1)  Cross-border supply 2)  Consumption abroad 3)  Commercial presence 4)  Presence of natural persons
Sector or subsector Limitations on market access Limit ations on national treatm ent Additional commitments
(d) Services auxiliary to
insurance
1) Loss investigation,
adjustment and
settlement, damage
investigation, etc.
2) Consultancy, actuarial,
auditing, valuation, riskclassification and otherservices.1) None, except registration with the
Insurance and Reinsurance Supervisory
Authority.
2) None, except registration with the
Insurance and Reinsurance SupervisoryAuthority.
3) None
4) None
1) Unbound
2) Unbound3) None4) Unbound1) None
2) None
3) Unbound
4) None
1) Unbound
2) Unbound3) Unbound4) Unbound
B. Banking and other financial services (excluding insurance and securities):
In Bolivia, financial intermediation and auxiliary financial serv ices are conducted through legally constituted entities, wheth er domestic or foreign, authorized to operate in
the national territory. The State body with the legal power to approve the establishment of such entities and to authorize thei r operation is the Bank and Financial Institution
Supervisory Board.
The concepts of financial intermediation, auxiliary financial services, branch office of a foreign bank, agency of a foreign ba nk and representative office are to be understood
as defined in national legislation.
All subsectors indicated in
this section3) In accordance with national legislation,
the commercial presence of a foreignfinancial institution depends on the
following four criteria: (a) the
establishment of an at least partlyforeign-owned public limited company,identified simply as a banking financialinstitution, non-banking financial entityor auxiliary financial services institution;
(b) the setting up of a branch office of a
foreign financial institution; (c) thesetting up of an agency of a foreignfinancial institution; (d) the setting up ofrepresentative offices.TN/S/O/BOL
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 Limit ations on national treatm ent Additional commitments
Branch offices of financial entities must
maintain a minimum amount of capitaland reserves in the country to cover theiroperations in accordance with therelevant regulations.
Subject to authorization by the Bank and
Financial Institution Supervisory Board,the activities of representative offices
shall be limited to business and services
promotion.
(a) Acceptance of deposits and
other repayable funds fromthe public1) Unbound
2) Unbound3) Agencies of foreign banks may only
provide this service to non-residents.
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) Unbound3) None
4) Unbound, except as indicated in the horizontal
section.
(b) Lending of all types,
including, inter alia ,
consumer credit, mortgagecredit and financing ofcommercial transactions1) Unbound
2) Unbound3) None
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) Unbound3) None
4) Unbound, except as indicated in the horizontal
section.
(c) Financial leasing, factoring,
general deposit warehousesand foreign exchange services1) Unbound
2) Unbound3) Supplementary and/or auxiliary financial
service activities of financial entities in
Bolivia are conducted through entitieslegally established in the nationalterritory.
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) Unbound3) None
4) Unbound, except as indicated in the horizontal
section.TN/S/O/BOL
Page 12Modes of supply 1)  Cross-border supply 2)  Consumption abroad 3)  Commercial presence 4)  Presence of natural persons
Sector or subsector Limitations on market access Limit ations on national treatm ent Additional commitments
(d) All payment and money
transmission services1) Unbound
2) Unbound3) Supplementary and/or auxiliary financial
service activities of financial entities inBolivia are conducted through entities
legally established in the national
territory.
4) Unbound, except as indicated in the
horizontal section.1) Unbound
2) Unbound3) None
4) Unbound, except as indicated in the horizontal
section.
(e) Guarantees and business
agreements.1) Unbound
2) Unbound
3) Entities offering guarantee and business
agreement services in Bolivia mustcomply with the legal provisions in force.
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. Securities services:
The Securities Market Law provides for a securities exchange and an over-the-counter securities market and regulates public iss ues of securities, securities intermediation, the
securities exchange, stockbrokers, fund managers, investment fund s, securitization companies, securitization, risk assessors, i ssuers, securities depository enterprises and
other activities and the natural and juridical persons operating on the securities market of the Republic of Bolivia.
SECURITIES
(f) Trading for own account
(under special regulations) orfor account of customers,whether on an exchange, in
an over-the-counter market or
otherwise:
- Securities market financial
instruments for the followingtypes of transactions:1) Unbound
2) Unbound3) In accordance with the Commercial
Code, companies constituted abroadwishing to set up in Bolivia and engagein stock exchange operations must be
legally constituted in the country as
public limited companies, have anopening capital, meet the legalrequirements and be registered with andapproved by the Securities SupervisoryAuthority as stockbrokers.1) Unbound
2) Unbound3) NoneTN/S/O/BOL
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 Limit ations on national treatm ent Additional commitments
purchase and sale;  auction;
contango;  operationsinvolving securities trusts;other financial instruments.4) Security market transactions must be
conducted through a stockbroker(financial intermediary).4) Unbound
(g) Participation in issues of all
kinds of securities, includingunderwriting and placement
as agent (whether publicly or
privately) and provision ofservices related to suchissues.1) Unbound
2) Unbound3) Issues are subject to the regulations laid
down by the Securities SupervisoryAuthority beginning with the negotiationof the registration of new securities.Issuers of public offerings of securities
must be registered.
4) Unbound.1) Unbound
2) Unbound
3) None
4) Unbound
(i) Advisory and information
services with respect tosecurities intermediation.
- Financial advisory services.
- Securities portfolio
management.
- Securities intermediation.
- Representation of foreign
stockbrokers and personsestablished abroad and
involved in the securities
market.
- Public offerings for account
of issuers.1) Unbound
2) Unbound
3) In order to offer financial advisory,
portfolio management and other services,stockbrokers (intermediaries) must beconstituted as public limited companiesin Bolivia, obtain authorization from the
Securities Supervisory Authority and be
members of the stock exchangeconcerned. They must also have paid-upcapital equal to or exceeding the
minimum amount established by the
regulations in accordance with the type of
operations conducted.
Requirements for securitization:
constitution as a public limited company
and approval by the SecuritiesSupervisory Authority.
4) Unbound1) Unbound
2) Unbound3) None
4) UnboundTN/S/O/BOL
Page 14Modes of supply 1)  Cross-border supply 2)  Consumption abroad 3)  Commercial presence 4)  Presence of natural persons
Sector or subsector Limitations on market access Limit ations on national treatm ent Additional commitments
(j) Settlement and clearing
services for financial assets,
including securities.1) Unbound
2) Unbound3) The purpose of deposit entities is to
provide custodial services for securitiesand settlement and clearing services for
securities transactions.  They must be
public limited companies.
4) Unbound1) Unbound
2) Unbound3) None
4) Unbound
(k) Risks and credit analysis.
Portfolio and investmentanalysis (opinions regarding
publicly offered securities).1) Unbound
2) Unbound3) The purpose of risk assessment
companies is to assess securities in terms
of risk on the securities market. Theymust obtain authorization from theSecurities Supervisory Authority inaccordance with Title VI, Article 62, ofthe Securities Market Law.
4) Unbound1) Unbound
2) Unbound3) None
4) Unbound
8. HEALTH-RELATED AND
SOCIAL SERVICES
A. Hospital Services
(CPC 9311)1) Unbound ∗
2) None
3) None
4) Unbound, except as indicated in Section 1
the horizontal section.1) Unbound*
2) None3) None
4) Unbound, except as indicated in Section 1
 the
horizontal section.TN/S/O/BOL
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 Limit ations on national treatm ent Additional commitments
9. TOURISM AND TRAVEL-
RELATED SERVICES
A. Hotels and restaurants
(including catering services)
A. Hotels and restaurants
(CPC 641-643)1) Unbound ∗
2) None
3) None4) Unbound, except as indicated in
Section 1
 the horizontal section.1) Unbound*
2) None3) None4) Unbound, except as indicated in Section 1
 the
horizontal section.
B. Travel agency and tour
operator services
B. Travel agencies and tour
operators
(CPC 7471)1) Unbound
2) None3) None4) Unbound, except as indicated in
Section 1
 the horizontal section.1) Unbound
2) None3) None4) Unbound, except as indicated in Section 1
 the
horizontal section.TN/S/O/BOL
Page 16Modes of supply 1)  Cross-border supply 2)  Consumption abroad 3)  Commercial presence 4)  Presence of natural persons
Sector or subsector Limitations on market access Limit ations on national treatm ent Additional commitments
10. RECREATIONAL,
CULTURAL ANDSPORTING SERVICES
A. Entertainment services
(CPC 9619)1) None
2) None3) None4) Unbound, except as indicated in
Section 1
 the horizontal section.1) None
2) None3) None4) Unbound, except as indicated in Section 1
 the
horizontal section.
C. Libraries, archives, museums
and other cultural services
(CPC 963)1) None
2) None3) None4) Unbound, except as indicated in
Section 1
 the horizontal section.1) None
2) None3) None4) Unbound, except as indicated in Section 1
 the
horizontal section.
D. Sporting and other
recreational services
(CPC 964)1) None
2) None 
3) None
4) Unbound, except as indicated in
Section 1  the horizontal section.1) None
2) None3) None4) Unbound, except as indicated in Section 1
 the
horizontal section.
                                                     
 * Unbound because not technically feasible .TN/S/O/BOL
Page 17
ADDITIONAL COMMITMENTS BY THE GOVERNMENT OF BOLIVIA
1. Competitive safeguards
1.1 Prevention of anti-competitive practices in telecommunications
Appropriate measures shall be maintained for the purpose of preventing suppliers, alone
or as dominant suppliers, from engaging in anti-competitive practices.
1.2 Safeguards
The anti-competitive practices referred to above shall include:
(a) Engaging in anti-competitive cross-subsidization;(b) using information obtained from compe titors with anti-competitive results and
not making available to other services suppliers on a timely basis technical
information about essential facilities a nd commercially relevant information
which is necessary for them to provide these services.
2. Interconnection
Public service operators are ob liged to ensure interconnection.
3. Public availability of licensing criteria
When a licence is required, the following will be published:
(a) The licensing criteria and the period of time normally required 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 will be made known to the applicant.TN/S/O/BOL
Page 18BOLIVIA - FINAL LIST OF ARTICLE II (MFN) EXEMPTIONS
Sector or subsector Description of measure
indicating its inconsistency with
Article IICountries to which the measure
appliesIntended duration Conditions  creating the need for
the exemption
Road passenger and
freight transportationNational treatment provisions in
bilateral and multilateralagreements with regard tointernational passenger and freighttransportation (including combinedroad-rail transport) reservingtransportation rights between theparties or through the territory of
the contracting party concerned.All countries with which bilateral
or multilateral agreements are in
force.Indefinite Promotion of regional integration.
Maritime and multi-
modal freight
transportationPreferential treatment for operators
in the Andean sub-regionconcerning freedom of access tomaritime freight transportationwithin the sub-region, including
cabotage.Countries of the Andean Group
the Andean CommunityIndefinite Promotion of the development of
the merchant navy of the Andean
Group  the Andean Community.
Audiovisual/motionpicture and video tape
production servicesNational treatment for co-produced
cinematographic works inaccordance with existing or future
agreements.All countries with which bilateral
or multilateral agreements are in
force.Subject to the duration of the
agreement concerned.Promotion of artistic and technical
works.
__________