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228 QUANTIFICATION OF BENEFITS FROM ECONOMIC COOPERATION IN SOUTH ASIA Sector/Sub-sector Limitations on Market Access Limitations on National Treatment B. General construction (1) and (2) None (1) None work for civil engineer- (3) Services must be provided through incorpora- (2) None ing tion where the foreign investor equity shall be (3) None – For highways (except limited to a maximum of 49% and jobs below (4) Unbound, except as indicated in the elevated highways) US$ 11 million to be reserved for the domestic horizontal section streets, roads, railways industry. and airfield runways (4) Unbound, except as indicated in the horizontal (CPC 51310) section. – For bridges, elevated highways, tunnels and subways (CPC 51320) – For long distance pipelines, communication and power lines (cables) (CPC 51340) – For local pipelines and cables, ancillary works (CPC 51350) – For construction, mining and manufacturing (CPC 51360) 5. Educational Services C. Higher education (1) None (1) Unbound services (2) None (2) Unbound – Higher Secondary (3) Services provided jointly with local Educationists. (3) Unbound education services Foreign investor equity to be limited to a maxi- (4) Unbound, except as indicated in the (CPC 9222) mum of 51% and except for education services horizontal section – Post secondary techni- funded from state resources. cal and Vocational (4) Unbound, except as indicated in the horizontal education (CPC 9231) section 9. Tourism and travel related Services A. Hotels and restaurants (1) None (1) None (excluding night-clubs) (2) None (2) None (CPC 641) (3) Establishment limited to hotels with maximum (3) None – Food Serving services capacity of 50 rooms in urban areas and a maxi- (4) Unbound, except as indicated in the (CPC 642) mum capacity of 15 rooms in rural areas. horizontal section – Beverage serving (4) Unbound, except as indicated in the horizontal services for consump- section. tion on the premises (CPC 643) Source: WTO Document No. WT/ACC/SPEC/BTN/2/Rev.2, 30 April 2007. Note: This offer has not yet been made public. Laws/Regulations/Policies Bangladesh 1. Bangladesh Medical and Dental Council Act, 1980 2. The Foreign Private Investment (Promotion and Protection) Act, 1980 3. The Investment Board Act, 1989 Bhutan 1. Foreign Direct Investment Policy 2002 2. Foreign Direct Investment Rules and Regulations 2005 3. The Bhutan Medical and Health Council Act, 2002 India 1. Dentist Act, 1948 2. Foreign Exchange Management Act, 1999 3. Indian Medical Council Act, 1956 Nepal 1. Foreign Investment and One-Window Policy, 1992 2. Foreign Investment and Technology Transfer Act, 1992
APPENDICES 229 3. Health Institute Operation Act 4. Nepal Medical Council Act, 1964 (2020 B.S.) Nepal Nursing Council Act, 2053 B.S. Pakistan 1. Board of Investment Ordinance, 2001 2. Foreign Private Investment (Promotion and Protection) Act, 1976 3. Pakistan Medical and Dental Council Ordinance, 1962 Sri Lanka 1. Exchange Control Act 2. Greater Colombo Economic Commission Law, 1978
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QUANTIFICATION OF BENEFITS FROM ECO
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QUANTIFICATION OF BENEFITS FROM ECO
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Preface Our consultations with seni
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viii CONTENTS 7. Revenue and Welfar
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Executive Summary OBJECTIVE This st
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EXECUTIVE SUMMARY xiii Table 1 EAMA
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EXECUTIVE SUMMARY xv India A full S
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EXECUTIVE SUMMARY xvii indicates th
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EXECUTIVE SUMMARY xix ments on basi
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Part I BENEFITS FROM TRADE, INVESTM
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4 QUANTIFICATION OF BENEFITS FROM E
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10 QUANTIFICATION OF BENEFITS FROM
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2 Literature Review and Rationale f
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4 Effective Additional Market Acces
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6 Impact of SAFTA on Member Countri
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7 Revenue and Welfare Implications
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8 Impact of SAFTA on Inward and Out
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9 Quantification of Benefits from T
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Part II BENEFITS FROM DEEPENING INT
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11 Construction and Related Enginee
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12 Tourism and Travel Related Servi
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14 Health and Related Services 1 IN
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15 Prospects for the Telecommunicat
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Page 258 and 259: Appendix 15 REFERENCE PAPER Scope T
Page 261 and 262: Bibliography Abelson, P. (1996),
Page 263 and 264: BIBLIOGRAPHY 241 Cuba (2002), Negot
Page 265 and 266: BIBLIOGRAPHY 243 (2004), Impacts of
Page 267 and 268: BIBLIOGRAPHY 245 Silva, Patricia an
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