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  1. Where appropriate, reservations are referenced to the Provisional Central Product Classification (CPC) as set out in Statistical Office of the United Nations Statistical Papers, Series M, No. 77, Provisional Central Product Classification, 1991

(UN CPC code).

  1. This annex sets out the reservations taken by each Party for measures that do not conform with obligations imposed by Articles 3 (Market Access) and 4 (National Treatment) in Chapter 7 (Trade in Services) and Article 3 (National Treatment) in Chapter 8 (Investment).
  2. All measures affecting Articles 3 (Market Access) and 4 (National Treatment)

in Chapter 7 (Trade in Services) and Article 3 (National Treatment) in Chapter 8

(Investment) shall be stated in the description. In the interpretation of a reservation, all elements of the reservation shall be considered in their totality.

  1. A National Treatment reservation includes a reservation in respect of National Treatment under Chapter 7 (Trade in Services) and Chapter 8 (Investment) unless the context or circumstances require otherwise.
  2. The reservations and commitments relating to trade in services shall be read together with the relevant guidelines, stated in GATT documents MTN.GNS/W/164 dated 3 September 1993 and MTN.GNS/W/164 Add.1 dated 30 November 1993.

Each reservation sets out the following elements:

(a) Sector refers to the general sector in which the reservation is taken;

(b) Sub-Sector refers to the specific sector in which the reservation is taken;

(c) Industry Classification refers, where applicable, to the activity covered by the reservation according to the UN CPC code or domestic industry classification codes;

(d) Type of Reservation specifies the obligation (Market Access, National Treatment) for which a reservation is taken;

(e) Source of Measure identifies the laws, regulations, rules, procedures, decisions, administrative actions or any other forms in relation to the non- conforming measures for which the reservation is taken. A measure cited in

the Source of Measure element is any existing measure in force as of the date

of entry into force of this Agreement and any subordinate measure adopted or maintained thereunder; and

(f) Description of Reservation sets out the non-conforming measure to which the reservation applies.