RESTRICTED  WORLD TRADE  
ORGANIZATION  WT/ACC/SPEC/ALB/5/Rev.5 
29 July 1999 
 (99-3209) 
Working Party on the 
Accession of Albania Original:   English 
 
 
 
ACCESSION OF ALBANIA 
 
Draft Schedule on Services  
 
Revision  
 
  The following revised draft Schedule on Servi ces has been received from the Ministry of 
Economic Co-operation and Trade of the Republic of Albania. 
 
 
_______________ 
  
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A. HORIZONTAL COMMITMENTS 
 
Real Estate  
  
3) Natural and juridical foreign persons that intend to make investments or are making 
investments in the territory of Republic of 
Albania will be entitled  to lease or to buy non-agricultural land necessary to carry out 
their business whether the land  is state-
owned  or privately owned. To buy state-owned non-agricultural land the value of 
investment at the certain land must be three 
times higher than the value of non %agricultural land. The Council of the 
Ministers defines the value of non-
agricultural land when it  is  state owned  property. 
No restrictions apply with regard to the 
acquisition of private land as well as leasing 
of land.  
   
 
 
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Entry and Temporary Stay of Foreign Natural Persons  
4) Entry of  physical persons from Member countries is limited to the 
following categories. 
a.  Intra-corporate transferees: Essential persons (executives and senior managers, 
specialists) who are employees of a 
business or company providing services in 
Albania through a branch, subsidiary or 
affiliate established in Albania. The entry is limited to a period of 5 years. 
b. Service sellers:  These are persons 
employed or mandated by an enterprise and who stay temporarily in Albania in 
order to conclude the contract for the sale 
of a service on behalf of enterprise which employs them or mandated them. The 
entry is limited to a period of 6 months in 
any 12 months period and is renewable. Persons who are employees of an 
enterprise that has not commercial 
presence in Albania, which has conclude a service contract with an enterprise engaged 
in substantive business in Albania. The 
entry is limited to a period of 6 months in any 12 months period and renewable. 
c. Persons responsible for the setting up a 
commercial presence: Persons who are 
employees of an enterprise not having 
commercial presence in Albania and who stay temporarily in Albania for the purpose 
of setting up a commerc ial presence of that 
enterprise in Albania. The entry is limited to a period of 3 months and is renewable.    
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Control on capital transactions 
and capital  movements - No restrictions apply for the inflows of 
capital. Legal and natural persons (not including 
banks) residents and non-residents can 
freely carry out the following outflows capital transactions: 
1. Outflow capital transfers equaling the 
amount of previous inflow of capital plus 
the profits derived from:  
a. returns;                                                       b. compensations;  
c. payments arising out of an investment 
dispute;     d. loan  repayments according to 
loan amortization  schedule.  
e. proceeds from the sale or liquidation of 
any or all  part of an investment, and f.  the return of shareholders equity 
resulting from the diminution of capital in 
accordance with Albanian legislation.  2. Outflow capital transfers representing 
the amount of profits derived from the 
non-residents deposits  placed with Albanian resident banks.  
3. Outflow capital transfers representing 
the wealth of the Albanian emigrants leaving the country forever.  
Any other outflow capital transactions can 
not be carry out freely from residents and 
non-residents. Residents or non-residents 
who may want to transfer capital abroad, other than the above mentioned ones have 
to obtain prior written approval from the 
Bank of Albania (BOA).       
 
 
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 The Bank of Albania reserves the right to 
maintain capital controls which will apply on national treatment basis.  The regime 
currently in place will be removed  within 
10 years after accession to WTO.   
B.. SPECIFIC COMMITMENTS 
1. BUSINESS SERVICES 
A. Professional Services 
(a) Legal services (861) 
(a) Legal services  
(861 except consultancy on 
law of jurisdiction where the service supplier is qualified as 
a lawyer and on international 
law)  
1) Only Albanian citi zens-attorneys-at-law 
and notaries who reside in Albania have the right to render such services. 
2) None. 
3) Only Albanian citi zens-attorneys-at-law 
and notaries who reside in Albania have 
the right to render such services. 
4) Only Albanian citi zens-attorneys-at-law 
and notaries who reside in Albania have 
the right to render such services.  
1) Unbound. 
  
2) None. 
3) Unbound.  
 
4) Unbound.  
  
 
 
Consultancy on law of jurisdiction where the service 
supplier is qualified as a 
lawyer and on international law.   
1) None. 2) None. 
3) None. 
4) Unbound, except as indicated in the Horizontal Commitments.  
1) None. 2) None. 
3) None. 
4) None.  
 
b. Accounting,  auditing and 
bookkeeping services (862) 1) None. 
2) None. 
3) None. 4) Unbound, except as indicated in the 
Horizontal Commitments. 1) None. 
2) None. 
3) None. 4) None.  
  
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c. Taxation services (863)  
1) None. 2) None. 
3) None. 
4) Unbound, except as indicated in the Horizontal Commitments.  
1) None. 2) None.  
3) None. 
4) None.  
 
 
d. Architectural services 
(8671)  
1) None. 
2) None. 3) None. 
4) Unbound, except as indicated in the 
Horizontal Commitments.  
1) None. 
2) None. 3) None. 
4) None.  
 
 
e. Engineering Services 
(8672)  
1) None. 
2) None. 
3) None. 4) Unbound, except as indicated  in the 
Horizontal Commitments.  
1) None. 
2) None. 
3) None. 4) None.  
 
 f. Integrated engineering services (8673) 
  
1) None. 2) None. 
3) None. 
4) Unbound, except as indicated  in the 
Horizontal Commitments.  
1) None. 2) None. 
3) None. 
4) None.  
 
 g. Urban planning and 
landscape architectural 
services (8674)  
1) None. 
2) None. 
3) None. 
4) Unbound, except as indicated  in the 
Horizontal Commitments.  
1) None. 
2) None.  
3) None. 
4) None.  
   
 
 
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h. Medical and dental services (9312) 
  
1) None. 2) None. 
3) None. 
 4) Unbound, except as indicated in the 
Horizontal Commitments.  
1) None. 2) None. 
3) None, except that licensing is done only 
in cooperation with an Albanian professional. 
4) None.  
 
 i. Veterinary services (932)  
1) None. 2) None. 
3) None. 
4) Unbound, except as indicated in the Horizontal Commitments.  
1) None. 2) None. 
3) None. 
4) None.   
 
j. Services provided by 
midwives nurses, 
physiotherapists and paramedical personnel 
(93191) 
 1) Unbound.* 
2) None. 
3) None.  
 
4) Unbound, except as indicated in the Horizontal Commitments. 
* Due to lack of technical feasibility. 1) Unbound.* 
2) None. 
3) None, except that licensing is done only in cooperation with an Albanian 
professional. 
4) None.  
* Due to lack of technical feasibility.  
 
 
B. Computer and related services 
 a. Consultancy services related to installation of 
computer hardware (841)  
1) None. 2) None. 
3) None.  
4) Unbound except as indicated  in the 
Horizontal Commitments.  
1) None. 2) None. 
3) None. 
4) None.  
 
 
b. Software implementation 
services (842)  
1) None. 
2) None. 3) None.  
4) Unbound except as  indicated in the 
Horizontal Commitments.  
1) None. 
2) None. 3) None. 
4) None.  
  
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c. Data processing services (843)  
1) None. 2) None. 
3) None.  
4) Unbound except as  indicated in the 
Horizontal Commitments.  
1) None. 2) None. 
3) None. 
4) None.  
 
 
d. Database services (844)   
1) None. 
2) None. 3) None.  
4) Unbound except as  indicated in the 
Horizontal Commitments.  
1) None. 
2) None. 3) None. 
4) None.  
 
 
e. Other (845+849)  
1) None. 
2) None. 
3) None.  4) Unbound except as indicated  in the 
Horizontal Commitments.  
1) None. 
2) None. 
3) None. 4) None.  
 
 E. Rental/Leasing Services without Operators 
(e) Other (832),  including pre-recorded video cassettes for use in home entertainment 
equipment (83202)  
1) None.  2) None. 
3) None.  
4) Unbound except as  indicated in the 
Horizontal Commitments.  
1) None. 2) None. 
3) None. 
4) None.  
 
F. Other business services 
 
a. Advertising services (871)   
1) None.  
2) None. 3) None.  
4) Unbound except as  indicated in the 
Horizontal Commitments.  
1) None. 
2) None. 3) None. 
4) None.  
   
 
 
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b. Market research and public opinion polling services (864)  
1) None.  2) None. 
3) None.  
4) Unbound except as  indicated in the 
Horizontal Commitments.  
1) None. 2) None. 
3) None. 
4) None.  
 
 
c. Management consulting 
services (865)  
1) None.  
2) None. 3) None.  
4) Unbound except as  indicated in the 
Horizontal Commitments.  
1) None. 
2) None. 3) None. 
4) None.  
 
 
d. Services related to 
management consulting (866)  
1) None.  
2) None. 
3) None.  4) Unbound except as  indicated in the 
Horizontal Commitments.  
1) None. 
2) None. 
3) None. 4) None.  
 
 e. Technical testing and analysis services (8676)   
1) None.  2) None. 
3) None.  
4) Unbound except as  indicated in the 
Horizontal Commitments.  
1) None. 2) None. 
3) None. 
4) None.  
 
f. Services incidental  to 
agriculture, hunting and 
forestry (881)  
1) None. 
2) None. 
3) None. 
4) Unbound, except as indicated in the 
Horizontal Commitments.   
1) None. 
2) None. 
3) None. 
4) None.  
  
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g. Services incidental to fishing (882)  
1) None. 2) None. 
3) None. 
4) Unbound, except as indicated in the Horizontal Commitments.   
1) None. 2) None. 
3) None. 
4) None.  
 
 
h. Services incidental to 
mining (883);  (5115)   
1) None. 
2) None. 3) None.  
4) Unbound except as indicated  in the 
Horizontal Commitments.   
1) None. 
2) None. 3) None. 
4) None.  
 
 
i. Services incidental to 
manufacturing (884, 885)  
1) None. 
2) None. 
3) None.  4) Unbound except as  indicated in the 
Horizontal Commitments.   
1) None. 
2) None. 
3) None. 4) None.  
 
 m. Related scientific and technical consulting services 
(8675)  
1) None. 2) None. 
3) None. 
4) Unbound, except as indicated in the Horizontal Commitments.  
1) None. 2) None. 
3) None. 
4) None.   
 
n. Maintenance and repair of 
equipment (663+8861-8866)  
1) None. 
2) None. 
3) None. 
4) Unbound, except as indicated in the 
Horizontal Commitments.  
1) None. 
2) None. 
3) None. 
4) None.   
   
 
 
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Disinfecting and exterminating services 
(87401)  
1) Unbound.* 2) None. 
3) None. 
  
4) Unbound, except as indicated in the 
Horizontal Commitments. 
*Due to lack of technical feasibility.  
1) Unbound.* 2) None. 
3) None, except that licensing is done only 
in cooperation with an Albanian professional. 
4) None. 
 
* Due to lack of technical feasibility.  
 
 
q. Packaging services (876)  
1) Unbound* 
2) None. 3) None. 
4) Unbound, except as indicated in the 
Horizontal Commitments.  
1) Unbound* 
2) None. 3) None. 
4) None.  
 
 
r. Printing publishing (88442)  
1) None. 
2) None. 
3) None. 4) Unbound, except as indicated in the 
Horizontal Commitments.   
1) None. 
2) None. 
3) None. 4) None.   
 
 s. Convention services (87909)  
1) None. 2) None. 
3) None. 
4) Unbound, except as indicated in the Horizontal Commitments.   
1) None. 2) None. 
3) None. 
4) None.  
 
    
    
    
    
    
    
    
     
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2. COMMUNICATION SERVICES 
 
Postal services related to parcels (75112)  
1) None. 2) None. 
3) None. 
4) None, except as indicated in the Horizontal Commitments.  
1) None. 2) None. 
3) None. 
4) None.  
 
B. Courier services (7512)  
1) None. 
2) None. 3) None. 
4) Unbound, except as indicated in the 
Horizontal Commitments.  
1) None. 
2) None. 3) None. 
4) None.  
 
Telecommunications Services 
The commitments undertaken by Albania are based on the scheduling principles provided by the following documents: Notes for Scheduling Basic Telecom Servi ces Commitments (S/GBT/W/2/REV.1) and 
Market Access Limitations on Sp ectrum Availability (S/GBT/W/3) 
For all sub-sectors of 
telecommunication services.  1) & 3) Albanian Telekom (AT) has 
exclusive rights for fixed telephony except in rural areas. No limitations from 1 
January 2003. For mobile network 
services, Albanian Mobile Communications (AMC) has exclusive 
rights until privatization is concluded. The 
privatization of AMC will be concluded by 31 December 1999.  
4) Natural persons can not provide 
telecommunication services in Albania if 
they are not registered as juridical persons.  The Government of Albania will publish 
the rules and regulatory policy regarding further competition in the field of basic 
telecommunication services. The attached 
reference paper on regulatory principles is incorporated as additional commitments 
by the Republic of Albania.  
    
    
    
    
    
      
 
 
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(a) Public Voice Telephone services (7521) 
 
Public local voice telephone services (Urban) (75211) 
 
  
1) None as of 1 January 2003. 2) None. 
3) None as of 1 January 2003. 
4) Unbound, except as indicated in the Horizontal Commitments and in the 
horizontal section of the 
telecommunications sector.  
1) None. 2) None. 
3) None. 
4) None.    
  
 Public local voice  telephone 
services (Rural) (75211) 
  
 
1) None. 
2) None. 3) None. 
4) Unbound, except as indicated in the 
Horizontal Commitments and in the horizontal section of the 
telecommunications sector.  
 
1) None. 
2) None. 3) None. 
4) None.  
  
 
 
 
Public long distance voice  telephone services - national 
(75212)  
1) None as of 1 January 2003. 2) None. 
3) None as of 1 January 2003. 
4) Unbound, except as indicated in the Horizontal Commitments and the 
horizontal section of the 
telecommunications sector.   
1) None. 2) None. 
3) None. 
4) None.   
  
 International public voice  
telephone services  (75212)  
1) None. 
2) None. 
3) None as of 1 January 2003. 4) Unbound, except as indicated in the 
Horizontal Commitments and the 
horizontal section of the telecommunications sector.  
1) None. 
2) None. 
3) None. 4) None. 
  
 
  
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Analogue/digital cellular/mobile telephone 
services  (75213) 
- mobile voice and data services 
- Personal Communication   
Services.  
1) None.  2) None.  
3) None as of 1 January 2000. 
4) Unbound, except as indicated in the Horizontal Commitment and the horizontal 
section of the telecommunications sector.  
1) None. 2) None. 
3) None. 
4) None.   
 
b.  Packet-switched data 
transmission services (75231) 
   
1) None. 
2) None. 
3) None. 4) Unbound, except as indicated in the 
Horizontal Commitments and the 
horizontal section of the telecommunications sector.  
1) None. 
2) None. 
3) None. 4) None.  
 
 
 c. Circuit-switched data 
transmission services (75232)  
1) None. 
2) None. 3) None. 
4) Unbound, except as indicated in the 
Horizontal Commitments and the horizontal section of the 
telecommunications sector.  
1) None. 
2) None. 3) None. 
4) None.  
 
 
 d. Telex services (7523)  
1) None as of 1 January 2003. 2) None. 
3) None as of 1 January 2003. 
4) Unbound, except as indicated in the Horizontal Commitment and the horizontal 
section of the telecommunications sector.  
1) None. 2) None. 
3) None. 
4) None.  
    
 
 
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e. Telegraph services (7522)  
1) None as of 1 January 2003. 2) None. 
3) None as of 1 January 2003. 
4) Unbound, except as indicated in the Horizontal Commitment and the horizontal 
section of the telecommunications sector.  
1) None. 2) None. 
3) None. 
4) None.  
  
f. Facsimile services (75211, 7559)  1) None. 
2) None. 3) None. 
4) Unbound, except as indicated in the 
Horizontal Commitments and the horizontal section of the 
telecommunications sector. 1) None. 
2) None. 3) None. 
4) None.   
 
g. Private leased circuit services (7522+7523)  1) None. 
2) None. 3) None as of 1 January 2003. 
4) Unbound, except as indicated in the 
Horizontal Commitment and the horizontal section of the telecommunications sector. 1) None. 
2) None. 3) None. 
4) None.  
  
Other telecommunication services (7529) 
Paging services, value-added services, (75291) 
e.g., electronic mail, voice 
mail, on-line information and database retrieval, electronic 
data interchange (EDI), 
enhanced/value-added 
facsimile services including 
store and forward, store and retrieve, code and protocol 
conversion, on-line 
information and/or data processing (including 
transaction procession).   1) None. 
2) None. 
3) None. 
4) Unbound, except as indicated in the Horizontal Commitments and the 
horizontal section of the 
telecommunications sector. 
 1) None. 
2) None. 
3) None. 
4) None.    
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D. Audiovisual services  
Radio and television signal 
transmission services (excluding programming 
content) 7524**  
1) A repetition station must be licensed by the National Council of Radio and 
Television. This Council defines the 
number of repetition stations for every public area.  
2) None.  
3) A national radio television company must be established in the form of limited 
liability company where a holder can not 
have more than 40% of shares. A shareholder that invests its shares in a 
national radio television company can not 
invest its shares in an other national radio television company. The validity period of 
the license for national radio transmission 
is limited to 6 years and for local 
transmission is limited to 3 years. The 
validity period of the license for national television transmission is limited  to 8 
years and for local tran smission to 5 years. 
It is not allowed to borrow the name of another radio-television company. 
4) Unbound, except as indicated in the 
Horizontal Commitm ents. The natural 
persons can not obtain the license if the 
transmission covers an urban area with 
over than 200.000 population.  
1) None.  
 
  
2) None.  
3) None  
 
  
 
  
 
 
 
  
 
  
4) None.  
Sound recording services n.a. 
 1) None. 
2) None. 
3) None. 
4) Unbound, except as indicated in the Horizontal Commitments. 1) None. 
2) None. 
3) None. 
4) None.  
 
   
 
 
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A. General construction work for buildings (512)  
1) None. 2) None.  
3) None. 
4) Unbound, except as indicated in the Horizontal Commitments.  
1) None. 2) None.  
3) None. 
4) None.  
 
 
B. General construction work 
for civil engineering (513)  
1) None. 
2) None.  3) None. 
4) Unbound, except as indicated in the 
Horizontal Commitments.  
1) None. 
2) None.  3) None. 
4) None.  
 
 
C. Installation and assembly 
work (514 + 516)  
1) None. 
2) None.  
3) None. 4) Unbound, except as indicated in the 
Horizontal Commitments.  
1) None. 
2) None.  
3) None. 4) None.  
 
 D. Building completion and finishing work (517)  
1) None. 2) None.  
3) None. 
4) Unbound, except as indicated in the Horizontal Commitments.  
1) None. 2) None.  
3) None. 
4) None.  
 
 E. Other (511+515+518)  
1) None. 
2) None.  
3) None. 
4) Unbound, except as indicated in the 
Horizontal Commitments.  
1) None. 
2) None.  
3) None. 
4) None.  
 
    
    
    
    
     
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4. DISTRIBUTION SERVICES 
 
A. Commission agent's services (621)  
1) None. 2) None. 
3) None.  
  
 
4) Unbound, except as provided in the Horizontal Commitments.   
1) None. 2) None. 
3) None, except that for commission agents 
services of goods under the sub-sector 62117, licensing is done only in cooperation 
with an Albanian professional. 
4) None.   
 
 
B. Wholesale trade services 
(622)    
1) None. 
2) None. 3) None.  
 
  
4) Unbound, except as provided in the 
Horizontal Commitments.   
1) None. 
2) None. 3) None except that for wholesale of goods 
under the sub-sectors 62251 & 62252 
licensing is done only in co-operation with an Albanian professional.  
4) None.   
 
 
C. Retailing services 
(631+632+633+611+ 612), 
including audio and video records and tapes (63234)  
1) None except for retailing of goods 
under the sub-sector 63211. 
2) None. 3) None.  
 
  
4) Unbound, except as provided in the 
Horizontal Commitments    
1) None except for retailing of goods under 
the sub-sector 63211. 
2) None. 3) None, except that for retailing of goods 
under the sub-sector 63211, licensing is 
done only in co-operation with an Albanian professional.  
4) None.   
 
Franchising (8929) 1) None. 
2) None.  
3) None.  4) Unbound, except as provided in the 
Horizontal Commitments 1) None. 
2) None. 
3) None. 4) None.  
 
  
      
 
 
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5. EDUCATIONAL SERVICES (92)  
 
A. Primary educational services (921)   
1) Unbound. 2) None. 
3) None. 
4) Unbound, except as indicated in the Horizontal Commitments.  
1) None. 2) None. 
3) None. 
4) None.  
 
 
B. Secondary educational services (922) 
 General secondary education 
service (9221)  
1) Unbound. 
2) None. 3) None. 
4) Unbound, except as indicated in the 
Horizontal Commitments.  
1) None. 
2) None. 3) None. 
4) None.  
 
 
Higher secondary educational 
services (9222)  
1) None. 
2) None. 
3) None. 4) Unbound, except as indicated in the 
Horizontal Commitments.  
1) None. 
2) None. 
3) None. 4) None. 
  
 
 C. Higher educational services (923)  
  
1) None. 2) None. 
3) None. 
4) Unbound, except as indicated in the Horizontal Commitments.  
1) None. 2) None. 
3) None. 
4) None.  
 
 
D. Adult educational services 
(924)  
  
1) None. 
2) None.  3) None. 
4) Unbound, except as indicated in the 
Horizontal Commitments.  
1) None. 
2) None. 3) None. 
4) None.  
 
    
     
 WT/ACC/SPEC/ALB/5/Rev.5 
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6. ENVIRONMENTAL SERVICES 
 
A.  Sewage services (9401)  
1) None. 2) None. 
3) None. 
4) Unbound, except as indicated in the Horizontal Commitments.   
1) None. 2) None. 
3) None. 
4) None.   
 
 
B. Refuse disposal services 
(9402)  
1) None. 
2) None. 3) None. 
4) Unbound, except indicated in the 
Horizontal Commitments.   
1) None. 
2) None. 3) None. 
4) None.  
  
 
 
C. Sanitation and similar services  (9403) 
 
 
  
1) None. 2) None. 
3) None. 
4) Unbound, except as provided in the 
horizontal section.   
1) None. 2) None. 
3) None. 
4) None.   
 
 
Cleaning services of exhaust 
gases (9403)  
 
  
1) None. 
2) None. 3) None. 
4) Unbound, except as provided in the 
horizontal section.   
1) None. 
2) None. 3) None. 
4) None.   
 
 
Noise abatement services 
(9405) 
  
  
1) None. 
2) None. 
3) None. 4) Unbound, except as provided in the 
horizontal section.   
1) None. 
2) None. 
3) None. 4) None.   
 
    
    
    
      
 
 
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7. FINANCIAL SERVICES 
 
Life insurance services (8121) Non-life insurance services 
(8129) ( not including marine, 
aviation and transport services 81293 )  
1) Unbound. From 1 January 2005 insurance of non-residents in the territory 
of Republic of Albania and investments 
made by foreigners will be None. 2) None as of 1 January 2005.  
3)  A foreign company can exercise 
insurance activities in the Republic of Albania  
   (i)  through a branch  
   (ii) through a subsidiary    (iii) through a joint venture where the 
level of foreign participation may not 
exceed 40% of the cap ital of the company 
or of voting rights. As from 1 January 
2000 foreign participation in joint-ventures 
may amount up to a maximum of 70%.  As 
from 1 January 2005 no restriction will 
apply to the foreign participation in joint-venture.  
    A foreign company can exercise 
insurance activities in the Republic of Albania only if it has exercised insurance 
activities in the home country for at least 
10 years. As from 1 January 2002 the 10 year experience will be reduced at 5 years.  
4) Unbound, except as provided in the 
Horizontal Commitments.  
1) Unbound. From 1 January 2005 insurance of non-residents in the territory of Republic 
of Albania and investments made by 
foreigners will be None. 2) None as of 1 January 2005. 
3) None. 
  
 
  
 
  
 
 
 
  
 
  
 
  
4) The general representative must have 
residency and reside in Albania.     
  
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Marine, aviation and transport services (81293) 
Reinsurance and retrocession 
(81299)  
1) None. 2) None.  
3)  A foreign company can exercise 
insurance activities in the Republic of Albania  
   (i) through a branch  
   (ii) through a subsidiary 
   (iii) through a joint venture where the 
level of foreign participation may not exceed 40% of the cap ital of the company 
or of voting rights. As from 1 January 
2000 foreign participation in joint-ventures may amount up to a maximum of 70%.  As 
from 1 January 2005 no restriction will 
apply to the foreign participation in joint-venture.  
    A foreign company can exercise 
insurance activities in the Republic of Albania only if it has exercised insurance 
activities in the home country for at least 
10 years. As from 1 January 2002 the 10 year experience will be reduced at 5 years.  
4) Unbound, except as provided in the 
Horizontal Commitments.  
1) None. 2)  None. 
3) None. 
  
 
 
 
  
 
  
 
  
 
  
 
  
4) The general representative must have 
residency and reside in Albania.     
 
 
Insurance intermediation, 
such as brokerage and agency (8140) 
Services auxiliary to 
Insurance, including consultancy, actuarial, risk 
assessment claim settlement 
(8140)  
1) None. 
2) None. 3) None. 
4) Unbound, except indicated in the 
Horizontal Commitments.   
1) None. 
2) None. 3) None. 
4) None.  
  
 
      
 
 
  WT/ACC/SPEC/ALB/5/Rev.5
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B. Banking and other financial services 
 
Banking and other financial services  
 
  
According to the current law on "Investment Funds", the underlying funds 
need to have 50% of their capital owned 
by Albanian legal or natural persons in order to get a license.   
  
This restriction is not included in the provisions of the draft law on "Investment 
funds" This draft is expected to be 
approved by the Parliament within 1999.  
 
a. Acceptance of deposits and 
other repayable funds from the public (81115-81119) 
 
  
1) Unbound. 
2) None except for capital controls as specified in the Hori zontal Commitments, 
which will be removed as of 2010. 
3) None. 4) Unbound except as  indicated in the 
Horizontal Commitments.   
1) None. 
2) None.  
 
3) None. 4) None.  
 
 b. Lending of all types, 
including consumer credit, 
mortgage credit factoring and 
financing of commercial transaction (8113) 1) Unbound. 
2) None except for capital controls as 
specified in the Hori zontal Commitments, 
which will be removed as of 2010. 
3) None.  4) Unbound except as  indicated in the 
Horizontal Commitments.   
1) None. 
2) None. 
 
3) None. 4) None.    
 
 c. Financial leasing (8112)  
1) Unbound. 
2) None except for capital controls as specified in the Hori zontal Commitments, 
which will be removed as of 2010. 
3) None. 
4) Unbound except as  indicated in the 
Horizontal Commitments.   
1) None. 
2) None.  
 
3) None. 
4) None.  
  
 WT/ACC/SPEC/ALB/5/Rev.5 
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d. All payment and money transmission services (81339) 
  
1) Unbound. 2) None except for capital controls as 
specified in the Hori zontal Commitments, 
which will be removed as of 2010. 3) None. 
4) Unbound except as  indicated in the 
Horizontal Commitments.  
1) None. 2) None. 
 
 3) None. 
4) None. 
  
 
 e. Guarantees and 
commitments (81199)  
1) Unbound. 
2) None except for capital controls as 
specified in the Hori zontal Commitments, 
which will be removed as of 2010. 
3) None. 
4) Unbound except as  indicated in the 
Horizontal Commitments.  
1) None. 
2) None. 
  
3) None. 
4) None.   
 
 
f. Trading for own account or 
for account of customers whether on an exchange, in an 
over-the-counter market or 
otherwise the following:  
 - money market instruments 
(checks, bills, certificates and deposits, etc) (81339**) 
 
- foreign exchange  
1) Unbound. 
2) None except for capital controls as specified in the Hori zontal Commitments, 
which will be removed as of 2010. 
3) None. 4) Unbound except as  indicated in the 
Horizontal Commitments.  
1) None. 
2) None.  
 
3) None. 4) None. 
  
   
 
 
  WT/ACC/SPEC/ALB/5/Rev.5
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 - derivative products including, but not limited to 
futures and options 
  
1) None.  2) None.  
3) None.  
4) Unbound, except as indicated in the Horizontal Commitments.  
1) None. 2) None. 
3) None. 
4) None.   
 Albania will afford market access in a 
national treatment bases to foreign 
financial suppliers upon occurrence of the earlier of either of the following events: 
the establishment of a prudential 
regulation with respect to the activities in 
question, or the actual appearance of such 
activities, with official authorization or acquiescence, in the domestic market.  
  - exchange rate and interest 
rate instruments, including 
such as swaps, forward rate arrangements, etc. 
- transferable securities 
- other negotiable instruments 
and financial assets, including 
bullion  
1) None.  
2) None.  
3) None.  4) Unbound, except as indicated in the 
Horizontal Commitments. 
 
  
1) None. 
2) None. 
3) None. 4) None 
  
 
Albania will afford market access in a 
national treatment bases to foreign financial suppliers upon occurrence of the 
earlier of either of the following events: 
the establishment of a prudential 
regulation with respect to the activities in 
question, or the actual appearance of such activities, with official authorization or 
acquiescence, in the domestic market.  
 g. Participation in issues of all 
kinds of securities, including underwriting and placement 
as agent (whether publicly or 
privately) and provision of 
service related to such issues. 
(8132)  
1) None.  
2) None.  3) None.  
4)  Unbound, except as  indicated in the 
Horizontal Commitments.  
1) None. 
2) None. 3) None. 
4) None. 
  
 
Albania will afford market access in a national treatment bases to foreign 
financial suppliers upon occurrence of the 
earlier of either of the following events: 
the establishment of a prudential 
regulation with respect to the activities in question, or the actual appearance of such 
activities, with official authorization or 
acquiescence, in the domestic market.   
 WT/ACC/SPEC/ALB/5/Rev.5 
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 h. Money broking (81339**)  
1) None.  2) None.  
3) None.  
4)  Unbound, except as  indicated in the 
Horizontal Commitments.  
1) None. 2) None. 
3) None. 
4) None.   
 Albania will afford market access in a 
national treatment bases to foreign 
financial suppliers upon occurrence of the earlier of either of the following events: 
the establishment of a prudential 
regulation with respect to the activities in 
question, or the actual appearance of such 
activities, with official authorization or acquiescence, in the domestic market.  
 i. Asset management, such as 
cash or portfolio management, 
pension fund management, custodial and trust services. 
  
1) None.  
2) None.  
3) None.  4)  Unbound, except as  indicated in the 
Horizontal Commitments.  
1) None. 
2) None. 
3) None. 4) None. 
  
 
Albania will afford market access in a 
national treatment bases to foreign financial suppliers upon occurrence of the 
earlier of either of the following events: 
the establishment of a prudential 
regulation with respect to the activities in 
question, or the actual appearance of such activities, with official authorization or 
acquiescence, in the domestic market.  
 j. Settlement and clearing 
services of financial assets, including securities, 
derivative products, and other 
negotiable instruments. 
(81339**)  
1) Unbound. 
2) Unbound. 3) Settlements and clearing services for the 
time being are offered by the BOA only.  
4) Unbound, except as indicated in the 
Horizontal Commitments.  
1) None. 
2) None. 3) None. 
 
4) None. 
  
The Bank of Albania will offer the service 
of clearing for a period of 5 years from the day of accession and after that other 
entities will offer such service. The Bank 
of Albania will retain the monopoly over 
inter-banking payments system and RTGS 
(Real Time Gross Settlement)   
 
 
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k. Advisory and other auxiliary financial services 
and all activities listed in 
article B of MFN. TNC/W/50, including credit reference and 
analysis, investment and 
portfolio research and advice 
on acquisitions and on 
corporate restructuring and strategy. (8131 or 8133)  
1) None.  2) None.   
3) None.  
4)  Unbound, except as  indicated in the 
Horizontal Commitments.  
1) None. 2) None. 
3) None. 
4) None.   
 
l. Provision a nd transfer of 
financial information, and 
financial data processing  related software by providers 
of other financial services.  
(8131)  
1) None. 
2) None. 
3) None. 4) Unbound, except as indicated in the 
Horizontal Commitments.  
1) None. 
2) None. 
3) None. 4) None.  
 
 8. HEALTH-RELATED AND SOCIAL SERVICES (other than those listed under 1.A.h-j.) 
 
A. Hospital services (9311) 
  
1) None. 
2) None.  3) None. 
 
4) Unbound, except as provided in the Horizontal Commitments.  
1) None. 
2) None. 3) None, except that licensing is done in 
cooperation with an Albanian professional. 
4) Unbound.  
 
 B. Other human health 
services (9319, other than 93191) 
 
  
  
1) None. 
2) None  3) None. 
 
4) Unbound, except as provided in the Horizontal Commitments. 
  
1) None. 
2) None. 3) None, except that licensing is done in 
cooperation with an Albanian professional. 
4) Unbound.  
  
 WT/ACC/SPEC/ALB/5/Rev.5 
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9. TOURISM AND TRAVEL-RELATED SERVICES 
A. Hotels and restaurants  services (641, 642, 643)  
  
1) None. 
2) None. 
3) None. 4) Unbound, except as provided in the 
Horizontal Commitment.   
1) None. 
2) None. 
3) None. 4) None. 
  
 
 B. Travel agencies and tour  operators services ( 7471)   
1) None. 2) None. 
3) None. 
4) Unbound, except as provided in the Horizontal Commitment.  
1) None. 2) None. 
3) None. 
4) None.  
 
 C. Tourist guide services  
(7472)   
1) None. 
2) None. 
3) None. 
4) Unbound, except as provided in the 
Horizontal Commitment.  
1) None. 
2) None. 
3) None. 
4) None.  
  
 
 10. RECREATIONAL, CULTURAL  AND SPORTING SERVICES 
 
Cinema theatre ownership and  
operation services  (96199**)  
1) Unbound. 
2) None. 
3) None.   
4) Unbound, except as provided in the 
Horizontal Commitment.  
1) Unbound. 
2) None. 
3) None except for the subsidies  for motion pictures and th eatrical works. 
4) None. 
  
 
 B. News agency service (962)  
1) None. 
2) None. 
3) None. 4) Unbound, except as provided in the 
Horizontal Commitment.  
1) None. 
2) None.  
3) None. 4) None.  
   
 
 
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Library services (96311) 1) None. 
2) None. 3) None. 
4) Unbound, except as indicated in the 
Horizontal Commitments.  1) None. 
2) None.  3) None. 
4) None.  
 
Archive service (96312) 1) Unbound. 
2) Unbound. 
3) None. 
4) Unbound, except as provided in the Horizontal Commitments.  1) None. 
2) None.  
3) None. 
4) None.  
 
D. Sporting and other 
recreational services (964) 1) None. 
2) None. 
3) None. 4) Unbound, except as indicated in the 
Horizontal Commitments. 1) None. 
2) None. 
3) None. 4) None.  
 
11. TRANSPORT SERVICES 
A. Maritime Transport Services                               
International Transport a. Passenger and  (7211) 
freight transportation (7211 & 7212)  
less cabotage transport  
   
 The following services  at the port are 
made available to international maritime 
transport suppliers on reasonable and non-discriminatory terms and conditions: 
1. Pilotage  
2. Towing and tug assistance 3. Provisioning, fueling and watering 
4. Garbage collecting and ballast waste 
disposal  5. Port Captain's Services 
6. Navigation aids 
7. Shore-based operational services essential to ship operations including 
communications, water and electrical 
suppliers  8. Emergency repair facilities 
9. Anchorage, berth and berthing services  
 WT/ACC/SPEC/ALB/5/Rev.5 
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c. Rental of vessels with crew (7213) 
d. Maintenance and repair of 
vessels (8868*)  
1) None. 2) None. 
3) None. 
4) Unbound, except as indicated in the Horizontal Commitments.  
1) None. 2) None. 
3) None. 
4) None.  
 
 
f. Supporting services for 
maritime transport (745**)  
  
  
Supporting services are performed by the 
State Port Authority.  These services are included in the law on privatization of 
strategic enterprises and is expected their 
liberalization.  In the meantime, privatization of different services has 
started, e.g., shipping agency, pilot 
services, garbage services, forwarding services, etc. 
 
C. Air transport service 
 
Maintenance and repair of aircraft  (8868*)  
1) None. 2) None. 
3) None. 
4) Unbound, except as indicated in the Horizontal Commitments.  
1) None. 2) None. 
3) None. 
4) None.    
 
 F. Road transport service 
 
a. Passenger transportation 
   (i) international passenger transport (7121 + 7122) less 
cabotage transport 
  
1) Unbound. 
2) None. 3) None.  
4) Unbound, except as indicated in the 
Horizontal Commitments.  
1) Unbound. 
2) None. 3) None. 
4) None. 
  
    
 
 
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a. Passenger transportation (ii) domestic passenger 
transport, less cabotage 
transport (7121+7122)  
1) Unbound*.  2) Unbound*. 
3) None.  
4) Unbound, except as indicated in the Horizontal Commitments. 
* This mode of delivery is not feasible.   
1) None. 2) None. 
3) None. 
4) None.  
 
 b. Freight transportation (7123) 
(i) International freight 
transportation  
1) Unbound. 2) None. 
3) None. 
4) Unbound, except as indicated in the Horizontal Commitments.  
1) Unbound. 2) None. 
3) None. 
4) None.   
 
 
(ii) domestic freight transport, 
less cabotage transport  
1) Unbound*. 
2) Unbound*. 3) None. 
4) Unbound, except as indicated in the 
Horizontal Commitments. * This mode of delivery is not feasible.  
1) Unbound*. 
2) Unbound*. 3) None. 
4) None.  
 
 c. Rental of commercial 
vehicles with operators (7124)  
1) None. 
2) None. 3) None.  
4) Unbound, except as indicated in the 
Horizontal Commitments.  
1) None. 
2) None. 3) None. 
4) None. 
  
 
 
d. Maintenance and repair of 
road transport equipment 
(6112+8867)  
1) None, except where there exists a 
technical unfeasibility. 
2) None. 3) None.  
4) Unbound, except as indicated in the 
Horizontal Commitments.  
1) None. 
 
2) None. 3) None. 
4) None. 
  
  
 WT/ACC/SPEC/ALB/5/Rev.5 
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e. Supporting service for road transportation services (744) 
  
1) None, except where there exists a technical unfeasibility. 
2) None. 
3) None. 4) Unbound, except as indicated in the 
Horizontal Commitments.  
1) None.  
2) None. 
3) None. 4) None. 
  
 
 Services auxiliary to all modes of transport  
Cargo handling services (741) 1) None. 
2) None. 
3) None. 
4) Unbound, except as indicated in the Horizontal Commitments. 1) None. 
2) None. 
3) None. 
4) None.   
 
Storage and warehousing 
services (742)  
1) Unbound.* 
2) None.  
3) None. ** 
4) Unbound, except as indicated in the 
Horizontal Commitments. * A commitment of this mode of delivery 
is not feasible.  
**  Public utility concessions or licensing procedures may apply  in case of 
occupation of the public domain.  
1) Unbound.* 
2) None.  
3) None ** 
4) None.  
 
Freight transport agency 
services  (748) 
 1) None. 
2) None. 
3) None. 
4) Unbound, except as indicated in the 
Horizontal Commitments. 1) None. 
2) None. 
3) None. 
4) None.  
Other auxiliary transport 
services such as freight inspection (749**) 
 1) None. 
2) None. 3) None. 
4) Unbound, except as indicated in the 
Horizontal Commitments. 1) None. 
2) None. 3) None. 
4) None.    
 
 
  WT/ACC/SPEC/ALB/5/Rev.5
 Page 33ALBANIA  - LIST OF ARTICLE II (MFN) EXEMPTIONS 
 
 
Sector or sub-sector Description of measure indicating its 
inconsistency with Article II Country to which the measure 
applies Intended duration Conditions creating the need for 
exemption 
Road transport; passengers and freight Provisions in existing or future bilateral 
or plurilateral agreements on international road transport (including 
combined transport - road/rail) reserving 
or limiting the provision of a transport 
service into, in, across and out of the 
Republic of Albania to the contracting parties to vehicles registered in each 
contracting party. All countries with which 
Albania has bilateral or plurilateral agreement on road 
transport in force, mentioned 
below: 
Greece, Italy,  Former 
Yugoslav Republic of Macedonia, Turkey, Slovenia, 
Croatia, Sweden, Germany, 
Russia, Switzerland, France, Denmark, United Kingdom, 
Netherlands, Poland, Bulgaria 
and Hungary. Indefinite The need for exemption is linked 
to the region characteristics of road transport services. 
Sale and marketing of air transport services and 
computer reservation 
systems (CRS) Preferential market access resulting from 
bilateral air transport agreements All countries with which 
Albania has bilateral agreement 
on air transport: 
Hungary, China, Greece, Turkey, Romania, Switzerland , 
Pakistan, Bulgaria, Germany, 
Slovenia, Italy, Austria, Former 
Yugoslav Republic of 
Macedonia, Russia, United 
Kingdom, Croatia, Egypt, Yugoslavia, Netherlands Indefinite Reciprocal provisions concerning 
supply of air transport services as 
a result of bilateral air transport 
agreements. 
Audiovisual Services 
- Production and 
distribution of audiovisual works through 
broadcasting of other 
forms of transmission to the public Measures which define works of 
European origin, in such a way as to 
extend national treatment to audiovisual works which meet certain linguistic and 
origin criteria regarding access to 
broadcasting or similar forms of transmission. Parties to the Council of 
Europe Convention on 
Transfrontier Television or other European Countries with 
whom an agreement may be 
concluded.  Indefinite. 
Exemption needed, for 
certain countries, only until an economic integration 
agreement is concluded or 
completed.  The measures aim, within the 
sector, to promote cultural values 
both with and within EC Member States, and with other countries in 
Europe, as well achieving 
linguistic policy objectives.   
 WT/ACC/SPEC/ALB/5/Rev.5 
Page 34 
Sector or sub-sector Description of measure indicating its 
inconsistency with Article II Country to which the measure 
applies Intended duration Conditions creating the need for 
exemption 
Audiovisual Services - Production and distribution of television 
programmes and 
cinematographic works Measures based upon government - to 
government framework agreements, and plurilateral agreements, on co-
production of audiovisual works which 
confer national treatment to audiovisual works covered by these agreements, in 
particular in relation to distribution and 
access to funding. Members of Council of Europe 
and signatories of the Cultural Convention of the Council of 
Europe. Indefinite 
The exemptions apply to existing and new measures Indefinite 
The exemptions apply to existing and new measures 
Audiovisual Services - Production and 
distribution of television 
programmes and cinematographic works Measures granting the benefit of any 
support programmes (such as Action 
Plan for Advanced Television Services, 
MEDIA or EUROIMAGES) to audiovisual works, and suppliers of such 
works, meeting certain European origin 
criteria. European Countries  Indefinite 
Exemption needed, for 
certain countries, only until 
an economic integration agreement is concluded or 
completed. These programmes aim at 
preserving and promoting the 
regional identity of countries 
within Europe which have long-standing cultural links. 
 
 
__________