|
|
[Home]
[Databases]
[WorldLII]
[Search]
[Feedback]
[Help]
India-Singapore Comprehensive Economic Cooperation Agreement |
[Database Search] [Name Search] [Help]
ANNEX 7B
SINGAPORE’S SCHEDULE OF SPECIFIC COMMITMENTS
EXPLANATORY NOTES
provisional Central Product Classification (CPC) of the United Nations Statistical Office unless otherwise indicated by the absence of a CPC number. The ordering reflects the services sectoral classification list as used in the GATT document MTN.GNS/W/120 dated 10 July 1991. The scheduling of specific commitments follows the guidelines stated in GATT documents MTN.GNS/W/164 dated 3
September 1993 and MTN.GNS/W/164/Add.1 dated 30 November 1993.
Schedule, as Chapter 7 does not apply to those services.
443
|
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
|
|
HORIZONTAL COMMITMENTS
|
|||
|
ALL SECTORS INCLUDED IN THIS SCHEDULE
|
|
|
|
|
|
|
1), 2), 3), 4):
Unbound for all subsidies and grants and any conditions attached to the
receipt or continued receipt of such subsidies or grants.
|
|
|
|
|
3) Commercial presence, right of establishment and movement of juridical
persons are subject to compliance with the following provisions:
- a foreigner who wishes to register a business firm must have a local
manager who should be
a Singapore citizen or a Singapore permanent resident or a Singapore
Employment Pass holder.
(However, a foreigner who is a Singapore permanent resident or a Singapore
Employment Pass holder can register a business without
|
|
444
|
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
|
|
|
|
appointing a local manager.)
- at least 1 director of the company must be locally resident
- all branches of foreign companies registered in Singapore must have at
least 2 locally resident agents. (To qualify as locally resident, a person
should be either a Singapore citizen or Singapore permanent resident or
Singapore Employment Pass
holder.)
|
|
|
|
4) Presence of natural persons unbound, except as specified in the
Chapter 9 on Movement of Natural Persons.
|
4) Unbound
|
|
445
|
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
|
|
SECTOR SPECIFIC COMMITMENTS
|
|||
|
1. BUSINESS SERVICES
|
|||
|
A. Professional Services
|
|||
|
Legal consultancy services for Indian law
(861**)
|
1) Unbound
2) None
3) Unbound
4) Unbound except as indicated in the horizontal section
|
1) Unbound
2) None
3) Unbound
4) Unbound
|
|
|
Accounting, auditing and bookkeeping services, except for financial
auditing services
(862 **)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
446
|
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
|
|
Financial auditing services
(86211)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) and 3) None, except that public accountants must be effectively
resident in Singapore or at least one of the partners of the firm must be
effectively resident in Singapore
2) None
4) Unbound
|
|
|
Taxation services except for other
tax-related services
(863 **)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Other tax-related services
(86309)
|
1) and 3) None, other than public accountants must be effectively
resident in Singapore or at least one of the partners of the firm must
be effectively resident in Singapore. Only public accountants registered with
the Public Accountants Board can practise as tax consultants for local tax
laws.
|
1) None
2) None
3) None
4) Unbound
|
|
447
|
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
|
|
|
2) None
4) Unbound except as indicated in the horizontal section
|
|
|
|
Architectural services
(8671)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Engineering services and integrated engineering services
(8672 & 8673)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None except that the implementation in Singapore (for example
submission to the authorities and construction) has to be carried out
by a professional engineer physically present in Singapore
2) None
3) None
4) Unbound
|
|
448
|
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
|
|
|
|
|
|
|
Urban planning services
(86741)
|
1) Unbound
2) None
3) Unbound
4) Unbound except as indicated in the horizontal section
|
1) Unbound
2) None
3) Unbound
4) Unbound
|
|
|
Landscape architectural services
(86742 )
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Medical services
(93121 & 93122)
|
1) Unbound
2) None
3) None, other than the number of new foreign doctors registered each
year may be limited depending on the total supply of doctors
|
1) None
2) None
3) None
4) Unbound
|
|
449
|
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
|
|
|
4) Unbound except as indicated in
the horizontal section
|
|
|
|
Dental services
(93123)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Veterinary services
(932)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Services provided by midwives, nurses, physiotherapists and para-medical
personnel
(93191 **)
|
1) Unbound
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
450
|
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
|
|
|
|
|
|
|
Other professional services
|
1) Unbound
2) None
3) Unbound
4) Unbound except as indicated in the horizontal section
|
1) Unbound
2) None
3) Unbound
4) Unbound
|
|
and Related Services
|
|
|
|
|
Consultancy Services related to the implementation of computer
hardware
(841)
Software implementation services
(842)
Data processing services
(843)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
451
|
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
|
|
Database services
(844)
Other computer services
(845, 849)
|
|
|
|
|
C. Research and Development Services
|
|
|
|
|
Research and development services on natural sciences
(851)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Research and development services on social sciences and humanities,
except
|
1) None
2) None
3) None
|
1) None
2) None
3) None
|
|
452
|
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
|
|
legal research
(852**)
|
4) Unbound except as indicated in the horizontal section
|
4) Unbound
|
|
|
Interdisciplinary research and development services
(853 )
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
D. Real Estate
Services
|
|
|
|
|
Real estate services, including real
estate appraisal services of all types of properties (i.e., land and
buildings), other than State properties
(821** & 822**)
|
1) None
2) None
3) None except that unbound for the foreign ownership and development of
private landed residential property and residential property in a building
of
less than 6 levels
|
1) None
2) None
3) None except that unbound for the purchase of land for the development
of residential housing
4) Unbound
|
|
453
|
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
|
|
|
4) Unbound except as indicated in the horizontal section
|
|
|
|
E. Rental/Leasing Services without Operators
|
|
|
|
|
Leasing or rental services without operators relating to ships
(83103)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Leasing or rental services without operators relating to
aircraft
(83104)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
454
|
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
|
|
Leasing or rental services concerning private cars, goods transport
vehicles, and other land transport equipment without operators
(83101, 83102,
83105)
|
1) None except that the rental of such vehicles by Singapore residents
with
the intent to use the vehicles in
Singapore is prohibited
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None except that the rental of such vehicles by Singapore residents
with the intent to use the vehicles in Singapore is prohibited
2) None
3) None
4) Unbound
|
|
|
Leasing or rental services relating to other machinery and
equipment
(83106-83109)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Leasing or rental services concerning personal and household
goods
(832)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
455
|
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. Other Business
Services
|
|
|
|
|
Advertising services
(871)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Market research and public opinion polling services
(864)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Management consulting services, including office management and
administrative services
(865)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
456
|
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
(866)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Technical testing and analysis services, excluding testing and analysis
services of automobiles
(8676 **)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Testing and analysis services of automobiles
(86763**)
|
1) Unbound*
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) Unbound*
2) None
3) None
4) Unbound
|
|
457
|
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 incidental to agriculture, hunting, forestry and fishing,
excluding:
a) services of farm labour contractors;
but including consultancy
services for forest service including forest service,
and logging related services
( 881**, 882 **)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Services incidental to mining
(883, 5115)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
458
|
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 incidental to manufacturing
(884 & 885, except
88442)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Transport distribution, retail and services incidental to the
distribution of piped gas
|
1) Unbound*
2) None
3) Unbound except for trading and retailing of natural gas
4) Unbound except as indicated in the horizontal section
|
1) Unbound*
2) None
3) Unbound
4) Unbound
|
|
|
Retail of electricity
|
1) Unbound*
2) None
3) Unbound except for supply of electricity above five MW
4) Unbound except as indicated in the horizontal section
|
1) Unbound*
2) None
3) Unbound
4) Unbound
|
|
459
|
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
|
|
Placement and supply services of personnel
(872)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Security consultation services
(87302)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Alarm monitoring services
(87303)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
460
|
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
|
|
Unarmed guard services
(87305 **)
|
Horizontal limitations on market
access and national treatment
All commitments in this sector are subject to the Private Investigation and
Security Agencies Act (PISA). The
Act stipulates that:
or Singaporean
permanent resident.
1) Unbound*
2) None
|
1) Unbound*
2) None
3) None
|
|
461
|
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) None
4) Unbound except as indicated in the horizontal section
|
4) Unbound
|
|
|
Geological, geophysical and other scientific prospecting
services
(86751)
|
1) Unbound
2) None
3) Unbound
4) Unbound except as indicated in the horizontal section
|
1) Unbound
2) None
3) Unbound
4) Unbound
|
|
|
Surveying services except hydrographic related surface surveying and map
making services
(86752**, 86753**,
86754**)
|
1) Unbound*
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) Unbound*
2) None
3) None except: Limited Corporations
Surveying work in Singapore where certification is required and not for the
service supplier’s exclusive use will be under the control and management
of a director of the corporation who (a) is a registered surveyor ordinarily
resident in
|
|
462
|
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
|
|
|
|
Singapore; (b) has a valid practising certificate; and (c) is a registered
owner of at least one share of the corporation.
Unlimited Corporations
The business of the corporation, so far as it relates to the
survey work where certification is required and not for the service
supplier’s exclusive use, will be under the control and management of a
director of the corporation who (a) is a registered surveyor ordinarily resident
in Singapore; (b) has in force a practising
certificate authorising him or her to engage in the practice of surveying;
and
(c) is a member, or a registered owner of at least one share of the
corporation.
Partnership
The business or the partnership so far as it relates to survey work where
certification is required and not for the service supplier’s exclusive use
will be under the control and management of a partner who (a) is a registered
surveyor;
(b) is ordinarily resident in Singapore;
and (c) has a valid practising certificate.
|
|
463
|
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
|
|
|
|
4) Unbound
|
|
|
Maintenance and repair of equipment (not
including maritime vessels, aircraft or other transport
equipment)
(633, 8861-8866 **)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Building cleaning services
(874)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Photographic services
(875)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
464
|
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
|
|
Packaging services
(876)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Convention and exhibition management services, and secretarial
services
(87909**)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Telephone answering services
(87903)
This excludes services licensed and regulated under the Singapore
Broadcasting Authority Act
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
465
|
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
|
|
Duplicating services
(87904)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Translation and interpretation services
(87905)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Mailing list compilation and mailing services
(87906)
|
Horizontal limitation on market access
and national treatment
All commitments in this sector are subject to the limitations in the postal
services sector (7511)
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
466
|
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
|
|
Speciality design services
(87907)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
2. COMMUNICA- TION SERVICES
|
|
|
|
|
B. Courier
Services
|
|
|
|
|
Courier services in respect of documents and parcels, excluding letters
and postcards
(7512**)
|
1) Unbound
2) None
3) Unbound
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
467
|
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. Telecommunic- ation Services*
|
General Conditions statement
Commitments undertaken in this schedule are subject to the following
conditions:
1. Each service listed in subsectors 1 and 2 must be licensed through a
public tender process.
2. The number of licenses may be limited due to scarce resources, such as
rights of way.
|
||
|
1. Basic Tele- communication Services
(facilities-based)
a. Public Switched Services1 (local and
international)
b. Leased Circuit Services (local and international)
* Excludes services licensed and regulated under the Broadcasting
Act
(Cap. 28)
|
1) Subject to commercial arrangements with licensed operator(s).
2) None
3) A cumulative total of 73.99% foreign shareholding, based on 49% direct
investment and 24.99% indirect investment is allowed.
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
1 This includes voice, data and facsimile services.
468
|
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
|
|
2. Mobile Services:
a. Public Mobile
Data Service
(PMDS)
b. Public Trunked
Radio Service
(PTRS)
c. Public Radio
Paging Service
(PRPS)
d. Public Cellular Mobile Telephone Service
(PCMTS)
|
1) Subject to commercial arrangements with licensed operator(s).
2) None
3) A cumulative total of 73.99% foreign shareholding, based on 49% direct
investment and 24.99% indirect investment is allowed.
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
3. Resale basis:
a. Public Switched Services (local and international)
(not including the use of leased circuits connected to the public
switched network)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
469
|
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. Leased Circuit Services (local and international)
(without conneciton to the public switched network)
c. Public Cellular Mobile Telephone Services
d. Public Radio
Paging Services
|
|
|
|
|
4. Value-added Network (VAN) Services
The services covered are:
- electronic-mail
- voice-mail
- on-line information and data-base retrieval
|
1) & 3) Provision of VAN services is subject to licence from the
InfoComm Development Authority of Singapore
(IDA).
The basic requirements for VAN
licence are:
- Foreign companies are required to either set up a local branch of their
company duly registered with the Registry of Companies and Businesses in
Singapore, or grant a
|
1) None
2) None
3) None
4) Unbound
|
|
470
|
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
|
|
- electronic data interchange
- on-line information and/or data processing
|
power of attorney to a local agent for the provision of their VAN services
in Singapore.
- VAN does not carry traffic which resembles any of the basic
telecommunication services
2) None
4) Unbound except as indicated in the horizontal section
|
|
|
|
D. Audiovisual
Services
|
|
|
|
|
Motion picture and video tape production and distribution
services
(9611)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
471
|
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
|
|
Motion picture projection service
(9612)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Production, distribution and public display of sound
recordings
(This does not
include all broadcasting and AV services and
materials that are broadcasting-related, examples being
- Free-to-air broadcasting
- Cable and pay television
- Direct broadcasting by satellite
- Teletext)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
472
|
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
|
|
|
|
|
|
Pre-erection work
at construction sites
(511)
Construction work for buildings (512)
Construction work for civil
engineering (513)
Assembly and erection of prefabricated constructions (514)
Special trade construction work
(515)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
473
|
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
|
|
Installation work
(516)
Building completion and finishing work
(517)
Renting services related to equipment for construction or demolition of
buildings or civil engineering works, with operator (518)
|
|
|
|
|
4.DISTRIBUTION SERVICES
|
|
|
|
Agents’ Services
|
|
|
|
|
Commission agents’ services,
except sales on a fee or contract basis of pharmaceutical and
|
Horizontal limitation on market access
and national treatment
Unless otherwise specified, distribution services of any product subject
to
import prohibition or non-automatic
|
|
|
474
|
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
|
|
medical goods and cosmetics
(621**, except
62117)
|
import licensing shall be excluded from the scope of these
commitments.
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Sales on a fee or contract basis of pharmaceutical and medical goods and
cosmetics not intended for the Singapore market
(62117**)
|
Horizontal limitation on market access
and national treatment
Unless otherwise specified, distribution services of any product subject
to
import prohibition or non-automatic import licensing shall be excluded from
the scope of these commitments.
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
475
|
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
|
|
|
|
|
|
|
Sales on a fee or contract basis of pharmaceutical goods and medical
goods and cosmetics intended for the Singapore market
(62117**)
|
1) Unbound
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) Unbound
2) None
3) None
4) Unbound
|
|
|
B. Wholesale
Trade Services
|
|
|
|
|
Wholesale trade services except for pharmaceutical goods and medical
goods and surgical and orthopaedic instruments
(622 **)
|
Horizontal limitation on market access
and national treatment
Unless otherwise specified, distribution services of any product subject
to
import prohibition or non-automatic import licensing shall be excluded from
the scope of these commitments.
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
476
|
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
|
|
Wholesale trade of pharmaceutical goods and medical goods and surgical
and orthopaedic instruments
(62251 & 62252)
|
1) Unbound
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) Unbound
2) None
3) None
4) Unbound
|
|
|
C. Retailing
Services
|
|
||
|
Retailing services except for:
(632 **)
|
Horizontal limitation on market access
and national treatment
Unless otherwise specified, distribution services of any product subject to
import prohibition or non- automatic import licensing shall be excluded from the
scope of these commitments.
1) Unbound
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) Unbound
2) None
3) None
4) Unbound
|
|
477
|
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
|
|
Retail sales of food, beverages and tobacco
(6310)
|
Horizontal limitation on market access
and national treatment
Unless otherwise specified, distribution services of any product subject to
import prohibition or non- automatic import licensing shall be excluded from the
scope of these commitments.
1) Unbound
2) None
3) Unbound
4) Unbound except as indicated in the horizontal section
|
1) Unbound
2) None
3) Unbound
4) Unbound
|
|
|
Retail sales of pharmaceutical, medical and orthopaedic goods
(63211)
|
1) Unbound
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) Unbound
2) None
3) None
4) Unbound
|
|
478
|
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
|
|
Sales of motor vehicles
Only:
Wholesale trade services of motor vehicles
(61111)
Retail sales of motor vehicles
(61112)
Sales of parts and accessories of motor vehicles
(61130)
Sales of motorcycles and snowmobiles and related parts and
accessories
(61210)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
479
|
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. Franchising
|
|
|
|
|
Franchising services
(8929 **)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
5. EDUCATION SERVICES
|
Education services
Specific commitments on market access and national treatment through any
mode of supply shall not be construed to apply to the recognition of university
degrees for the purposes of admission, registration and qualification for
professional practice in Singapore.
|
||
|
Secondary and post-secondary technical and vocational education
services
(92230, 92240,
92310)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
480
|
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
|
|
Other higher education services
(92390)
|
1) None
2) None
3) None except that the number of persons who can pursue medical degrees
will be limited depending on the total supply of doctors.
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Adult education services
(92400)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
|
Short term training including English language courses
(92900 **)
|
1) None
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) None
2) None
3) None
4) Unbound
|
|
481
|
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
|
|
6. ENVIRON- MENTAL SERVICES
|
|
|
|
|
Environmental services except:
(94010)
(94**)
|
1) Unbound*
2) None
3) None
4) Unbound except as indicated in the horizontal section
|
1) Unbound*
2) None
3) None
4) Unbound
|
|
|
Sewage Services
(94010)
|
1) Unbound
2) None
3) Unbound
4) Unbound except as indicated in the horizontal section
|
1) Unbound
2) None
3) Unbound
4) Unbound
|
|
482
|
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
|
|
7. FINANCIAL SERVICES
|
|
|
|
All the commitments in this Schedule are also subject to
entry requirements, domestic laws, guidelines, rules and regulations,
terms and conditions of the Monetary Authority of Singapore (MAS) or any other
relevant authority or body in Singapore, as the case may be, which are
consistent with Article 7.10 (Domestic Regulation) and paragraph 2 (Domestic
Regulation) of the Annex on Financial Services. For the avoidance
of doubt, any juridical person of India intending to supply financial
services through commercial presence in Singapore in accordance with the
commitments in this Schedule, shall be subject to the relevant admission
criteria for the supply of the particular financial service.
|
|||
|
(a) Life insurance services including
annuity, disability income, accident and health insurance services
|
(1) Unbound
(2) None
(3) These measures are also limitations on national treatment.
None except
(4) Unbound except as indicated in the horizontal section.
|
(1) Unbound
(2) None
(3) None
(4) Unbound
|
|
483
|
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) Non-life insurance services including disability income, accident and
health insurance and contracts of fidelity bonds, performance bonds or similar
contracts of
guarantee
|
(1) Unbound
(2) None except that compulsory insurance of Motor Third Party Liability
and Workmen's
Compensation may only be purchased from licensed insurance companies in
Singapore.
(3) None except insurance
companies must establish as branches or subsidiaries.
(4) Unbound except as indicated in the horizontal section.
|
(1) Unbound
(2) None
(3) None
(4) Unbound
|
|
|
(c) Reinsurance and retrocession
|
(1) None
(2) None
(3) None except reinsurance companies must establish as branches or
subsidiaries.
(4) Unbound except as indicated in the horizontal section.
|
(1) None
(2) None
(3) None
(4) Unbound
|
|
484
|
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) Insurance intermediation comprising broking and agency services
|
(1) Unbound
(2) These measures are also limitations on national treatment.
Agents are not allowed to act for unlicensed insurers. The placement of
domestic risks outside Singapore by brokers is subject to the approval of MAS,
with the exception of reinsurance risks and insurance risks relating to maritime
liabilities of shipowners insured by protection & indemnity clubs, or
marine, aviation and transit business insured with an approved MAT
insurer.
(3) These measures are also limitations on national treatment.
None except that direct insurance2 and reinsurance brokers must
be
established as Singapore incorporated subsidiaries.
(4) Unbound except as indicated in the horizontal section.
|
(1) Unbound
(2) None
(3) Unbound
(4) Unbound
|
|
2 Direct insurance broker means an insurance broker which is licensed under the Insurance Act in respect of insurance policies relating to general business and long term accident and health policies, other than insurance policies relating to reinsurance business.
485
|
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
|
|
(e) Services auxiliary to insurance comprising actuarial, loss
adjustors,
average adjustors and consultancy services
|
(1) None
(2) None
(3) None
(4) Unbound except as indicated in the horizontal section.
|
(1) None
(2) None
(3) None
(4) Unbound
|
|
All the commitments in this Schedule are also subject to
entry requirements, domestic laws, guidelines, rules and regulations,
terms and conditions of MAS or any other relevant authority or body in
Singapore, as the case may be, which are consistent with Article 7.10 (Domestic
Regulation) and paragraph 2 (Domestic Regulation) of the Annex on Financial
Services. For the avoidance of doubt, any juridical person of India intending to
supply financial services through commercial presence in Singapore in accordance
with the commitments in this Schedule, shall be subject to the relevant
admission criteria for the supply of the particular financial service.
|
|||
|
(a) Acceptance of deposits and other repayable funds from the
public
|
(1) Unbound
(2) None
(3) These measures are also limitations on national treatment.
Only institutions licensed or approved as banks, merchant banks and finance
companies can accept deposits.
|
(1) Unbound
(2) None
(3) Commercial banks
A bank incorporated in Singapore is required to establish a nominating
committee to identify and review nominations for appointments to the board of
directors and to senior
|
|
486
|
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
|
|
|
Where a foreign financial institution is subject to legislation in its home
country which requires that institution to confer lower priority to depositors
of its foreign offices vis-à- vis the home country depositors in
receivership or winding-up
proceedings, MAS may exercise appropriate differentiated measures against
that foreign financial institution in Singapore to safeguard the interest
of the Singapore office's depositors
Foreign banks can operate from only one office (excluding back-office
operations). They cannot establish off- premise ATMs and ATM networking and new
sub-branches.
Location of banks and relocation of banks and sub-branches require
prior approval from MAS.
MAS may require foreign banks to incorporate under Singapore law.
Establishment and operation of foreign banks, merchant banks and finance
companies are also subject to
|
executive positions. A majority of the directors of a bank incorporated in
Singapore must be either Singapore citizens or Singapore permanent
residents.
Unbound for provision of all electronic banking services.
|
|
487
|
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 limitations listed under activities B(a)
to B(l) and the following limitations: Commercial banks
New foreign banks may establish as offshore bank branches or
representative offices. Representative offices cannot
conduct business or act as agents.
No new full bank licences will be granted to foreign banks.
Up to a maximum of 3 bank licences with Qualifying Full Bank (QFB)
privileges may be granted to Indian Banks with or without operations in
Singapore after the date of entry into force of this Agreement and such
Indian Banks may be admitted directly* as QFBs.
*Such admissions are subject to the requirements set out in the Head notes
to this Schedule.
Any Indian Bank with QFB privileges is allowed to:
(a) establish up to 25 customer service locations;
(b) establish an ATM network among
QFBs;
|
|
|
488
|
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) provide debit services through an Electronic Funds Transfer at Point
of Sale (EFTPOS) network;
(d) provide Supplementary
Retirement Scheme (SRS)
accounts and CPFIS accounts, and
(e) accept fixed deposits under the
Central Provident Fund
Investment Scheme and Minimum
Sum Scheme.
Only a maximum of 20 new Wholesale Bank licences will be granted by the
Monetary Authority of Singapore between
30 June 2001 and 30 June 2003.
Quantitative limits on the number of Wholesale Bank (WB)
licences will be removed for Indian Banks with or without
operations in Singapore after the date of entry into force of this Agreement
and such Banks may be admitted directly* as WBs.
*Such admissions are subject to the requirements set out in the Head notes
to this Schedule.
WBs are not permitted to :
(a) accept Singapore dollar fixed deposits of less than S$250,000;
(b) offer savings accounts;
|
|
|
489
|
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) operate interest-bearing Singapore dollar current accounts for natural
persons who are Singapore residents;
(d) issue Singapore dollar bonds and negotiable certificates of deposit,
unless requirements pertaining to minimum maturity period, minimum denomination
or class of investors contained in the Guidelines for Operation of
Wholesale Banks issued by the Monetary Authority of Singapore and/or its
successor body are complied with.
Offshore banks can accept foreign currency fixed deposits from residents
and non-residents. For Singapore dollar deposits, they can only accept fixed
deposits of S$250,000 or more per deposit from non-residents. Offshore banks
can grant credit facilities not exceeding an aggregate amount of S$500million to
non-bank residents.
|
|
|
490
|
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
|
|
|
Banks, with MAS' approval, can operate foreign currency savings accounts
only for non-residents.
No foreign person shall acting alone or in concert with other persons,
assume control of any Singapore incorporated bank or a company belonging to a
class of financial institutions approved as financial holding companies under
section 28 of the Monetary Authority of Singapore Act (referred to as
“financial holding company”).
Approval from the Minister is required before a person (together with
associated persons) is allowed to
acquire indirect control over and shareholdings or voting control of or
exceeding 5%, 12% and 20% in a Singapore incorporated bank or a financial
holding company, and before
a Singapore incorporated bank or a financial holding company is allowed to
be merged or taken over by any other body.
|
|
|
491
|
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 approving applications to exceed threshold limits, the Minister may
impose conditions it considers necessary to prevent undue control, protect
public interests, and ensure the integrity of the financial system.
Merchant banks
Foreign banks and merchant
banks may establish as merchant bank subsidiaries or merchant bank
branches.
| ||