EFTA - Malaysia FTA (2025)
Previous page Next page

(i) with reference to a specific commitment, one or more, or all, subsectors of that service, as specified in a Party's Schedule;

(ii) otherwise, the whole of that service sector, including all of its subsectors;

(i) "service of another Party" means a service which is supplied:

(i) from or in the territory of that other Party, or in the case of maritime transport, by a vessel registered under the domestic laws and regulations of that other Party, or by a person of that other Party which supplies the service through the operation of a vessel and/or its use in whole or in part; or

(ii) in the case of the supply of a service through commercial presence or through the presence of natural persons, by a service supplier of that other Party;

(j) "service supplier" means any person which supplies a service; (5)

(5) This definition includes any person that seeks to supply services. Where the service is not supplied or sought to be supplied directly by a juridical person but through other forms of commercial presence such as a branch or a representative office, the service supplier (i.e. the juridical person) shall, nonetheless, through such commercial presence be accorded the treatment provided for service suppliers under this Chapter. Such treatment shall be extended to the commercial presence through which the service

(k) "monopoly supplier of a service" means any person, public or private, which in the relevant market of the territory of a Party is authorised or established formally or in effect by that Party as the sole supplier of that service;

(l) "service consumer" means any person that receives or uses a service;

(m) "person" means either a natural person or a juridical person;

(n) "natural person of another Party" means a natural person who, under the domestic laws and regulations of that other Party, is:

(i) a national of that other Party; or

(ii) a permanent resident of that other Party who resides in the territory of any Party, if that other Party accords substantially the same treatment to its permanent residents as to its nationals in respect of measures affecting trade in services.

(o) "juridical person" means any legal entity duly constituted or otherwise organised under the domestic laws and regulations of a Party, whether for profit or otherwise, and whether privately-owned or governmentally owned, including any corporation, trust, partnership, joint venture, sole proprietorship or association;

(p) "juridical person of another Party" means a juridical person which is either:

(i) constituted or otherwise organised under the domestic laws and regulations of that other Party, and is engaged in substantive business operations in the territory of any Party; or is supplied or sought to be supplied and need not be extended to any other parts of the service supplier located outside the territory where the service is supplied or sought to be supplied.

(ii) in the case of the supply of a service through commercial presence, owned or controlled by:

(aa) natural persons of that other Party; or

(bb) juridical persons of that other Party identified under subparagraph (p)(i);

(q) a juridical person is:

(i) "owned" by persons of a Party if more than 50 percent of the equity interest in it is beneficially owned by persons of that Party;

(ii) "controlled" by persons of a Party if such persons have the power to name a majority of its directors or otherwise to legally direct its actions;

(iii) "affiliated" with another person when it controls, or is controlled by, that other person; or when it and the other person are both controlled by the same person; and

(r) "direct taxes" comprises all taxes on total income, on total capital or on elements of income or of capital, including taxes on gains from the alienation of property, taxes on estates, inheritances and gifts, and taxes on the total amounts of wages or salaries paid by enterprises, as well as taxes on capital appreciation.

Article 7.3. Most-Favoured-Nation Treatment

1. Without prejudice to measures taken in accordance with Article VII of the GATS, and except as provided for in its List of MFN Exemptions contained in Annex XIV (List of MFN Exemptions), each Party shall accord immediately and unconditionally, in respect of all measures affecting the supply of services, to services and service suppliers of any other Party treatment no less favourable than the treatment it accords to like services and service suppliers of any non-Party.

2. Treatment granted under other existing or future agreements concluded by one of the Parties and notified under Article V or Article Vbis of the GATS shall not be subject to paragraph 1.

3. Notwithstanding paragraph 2, if a Party concludes an agreement of the type referred in the paragraph 2, it shall, upon request from another Party, afford adequate opportunity to that Party to negotiate the benefits granted therein. Such a negotiation is without prejudice to the final outcome.

4. Nothing in this Chapter shall be so construed as to prevent any Party from conferring or according advantages to adjacent countries in order to facilitate exchanges limited to contiguous frontier zones of services that are both locally produced and consumed.

Article 7.4. Market Access

1. With respect to market access through the modes of supply identified in subparagraph (a) of Article 7.2 (Definitions), each Party shall accord services and service suppliers of another Party treatment no less favourable than that provided for under the terms, limitations and conditions agreed and specified in its Schedule in Annex XIII (Schedules of Specific Commitments). (6)

(6) If a Party undertakes a market-access commitment in relation to the supply of a service through the mode of supply referred to in subparagraph (a) (i) of Article 7.2 (Definitions) and if the cross-border movement of capital is an essential part of the service itself, that Party is thereby committed to allow such movement of capital. If a Party undertakes a market-access commitment in relation to the supply of a service through the mode of supply referred to in subparagraph (a) (iii) of Article 7.2 (Definitions), it is thereby committed to allow related transfers of capital into its territory.

2. In sectors where market-access commitments are undertaken, the measures which a Party shall not maintain or adopt either on the basis of a regional subdivision or on the basis of its entire territory, unless otherwise specified in its Schedule, are defined as:

(a) limitations on the number of service suppliers whether in the form of numerical quotas, monopolies, exclusive service suppliers or the requirements of an economic needs test;

(b) limitations on the total value of service transactions or assets in the form of numerical quotas or the requirement of an economic needs test;

(c) limitations on the total number of service operations or on the total quantity of service output expressed in terms of designated numerical units in the form of quotas or the requirement of an economic needs test; (7)

(7) This subparagraph does not cover measures of a Party which limit inputs for the supply of services.

(d) limitations on the total number of natural persons that may be employed in a particular service sector or that a service supplier may employ and who are necessary for, and directly related to, the supply of a specific service in the form of numerical quotas or the requirement of an economic needs test;

(e) measures which restrict or require specific types of legal entity or joint venture through which a service supplier may supply a service; and

(f) limitations on the participation of foreign capital in terms of maximum percentage limit on foreign shareholding or the total value of individual or aggregate foreign investment.

Article 7.5. National Treatment

1. In the sectors inscribed in its Schedule of Specific Commitments, and subject to any conditions and qualifications set out therein, each Party shall accord to services and service suppliers of another Party, in respect of all measures affecting the supply of services, treatment no less favourable than that it accords to its own like services and service suppliers. (8)

(8) Specific commitments assumed under this Article shall not be construed to require any Party to compensate for any inherent competitive disadvantages which result from the foreign character of the relevant services or service suppliers.

2. A Party may meet the requirement of paragraph 1 by according to services and service suppliers of another Party, either formally identical treatment or formally different treatment to that it accords to its own like services and service suppliers.

3. Formally identical or formally different treatment shall be considered to be less favourable if it modifies the conditions of competition in favour of services or service suppliers of the Party compared to like services or service suppliers of another Party.

Article 7.6. Additional Commitments

The Parties may negotiate commitments with respect to measures affecting trade in services not subject to scheduling under Articles 7.4 (Market Access) or 7.5 (National Treatment), including those regarding qualifications, standards or licensing matters. Such commitments shall be inscribed in a Party's Schedule in Annex XIII (Schedules of Specific Commitments).

Article 7.7. Domestic Regulation

1. In sectors where specific commitments are undertaken, each Party shall ensure that all measures of general application affecting trade in services are administered in a reasonable, objective and impartial manner.

2. Each Party shall maintain or institute as soon as practicable judicial, arbitral or administrative tribunals or procedures which provide, at the request of an affected service supplier of another Party, for the prompt review of, and where justified, appropriate remedies for, administrative decisions affecting trade in services. Where such procedures are not independent of the agency entrusted with the administrative decision concerned, the Party shall ensure that the procedures in fact provide for an objective and impartial review.

3. Where authorisation is required by a Party for the supply of a service, the competent authorities of that Party shall, within a reasonable period of time after the submission of an application is considered complete under that Party?s domestic laws and regulations, inform the applicant of the decision concerning the application. At the request of the applicant, the competent authorities of that Party shall provide, without undue delay, information concerning the status of the application.

4. With a view to ensuring that measures relating to qualification requirements and procedures, technical standards and licensing requirements and procedures do not constitute unnecessary barriers to trade in services, the Joint Committee shall take a decision aiming at incorporating into the Agreement any disciplines developed in the WTO in accordance with paragraph 4 of Article VI of the GATS. The Parties may also, jointly or bilaterally, decide to develop further disciplines.

5. In sectors in which a Party has undertaken specific commitments, pending the entry into force of a decision incorporating WTO disciplines for these sectors pursuant to paragraph 4, and, if agreed between the Parties, disciplines developed jointly or bilaterally under this Agreement pursuant to paragraph 4, the Party shall not apply qualification requirements and procedures, technical standards and licensing requirements and procedures that nullify or impair such specific commitments in a manner which is:

(a) not based on objective and transparent criteria, such as competence and the ability to supply the service;

(b) more burdensome than necessary to ensure the quality of the service; or

(c) in the case of licensing procedures, in itself a restriction on the supply of the service.

6. In determining whether a Party is in conformity with the obligation under subparagraph 5(a), account shall be taken of international standards of relevant international organisations (9) applied by that Party.

(9) The term "relevant international organisations" refers to international bodies whose membership is open to the relevant bodies of at least all Parties.

7. In sectors where specific commitments regarding professional services are undertaken, each Party shall provide for adequate procedures to verify the competence of professionals of any other Party.

Article 7.8. Recognition

1. For the purpose of the fulfilment of its relevant standards or criteria for the authorisation, licensing or certification of service suppliers, each Party shall give due consideration to any requests by another Party to recognise the education or experience obtained, requirements met, or licences or certifications granted in that other Party. Such recognition may be based upon an agreement or arrangement with that other Party, or otherwise be accorded autonomously.

2. Where a Party recognises, by agreement or arrangement, the education or experience obtained, requirements met, or licences or certifications granted, in the territory of a non-Party, that Party shall afford another Party adequate opportunity to negotiate its accession to such an agreement or arrangement, whether existing or future, or to negotiate a comparable agreement or arrangement with it. Where a Party accords recognition autonomously, it shall afford adequate opportunity for another Party to demonstrate that the education or experience obtained, requirements met, or licences or certifications granted, in the territory of that other Party should also be recognised.

3. Any such agreement or arrangement or autonomous recognition shall be in conformity with the relevant provisions of the WTO Agreement, in particular paragraph 3 of Article VII of the GATS.

Article 7.9. Movement of Natural Persons Supplying Services

1. This Article applies to measures affecting natural persons who are service suppliers of a Party, and natural persons of a Party who are employed by a service supplier of a Party, in respect of the supply of a service.

2. This Chapter shall not apply to measures affecting natural persons seeking access to the employment market of a Party, nor shall it apply to measures regarding nationality, citizenship, residence or employment on a permanent basis.

3. Natural persons covered by a specific commitment shall be allowed to supply the service in accordance with the terms of that commitment.

4. This Chapter shall not prevent a Party from applying measures to regulate the entry of natural persons of another Party into, or their temporary stay in, its territory, including those measures necessary to protect the integrity of, and to ensure the orderly movement of natural persons across, its borders, provided that such measures are not applied in such a manner as to nullify or impair the benefits accruing to a Party under the terms of a specific commitment. (10)

(10) The sole fact of requiring a visa for natural persons shall not be regarded as nullifying or impairing benefits under a specific commitment.

Article 7.10. Transparency

1. Each Party shall publish promptly and, except in emergency situations, at the latest by the time of their entry into force, all relevant measures of general application which pertain to or affect the operation of this Chapter. International agreements pertaining to or affecting trade in services to which a Party is a signatory shall also be published.

2. Where publication as referred to in paragraph 1 is not practicable, such information shall be made otherwise publicly available.

3. Nothing in this Chapter shall require a Party to provide confidential information, the disclosure of which would impede law enforcement, or otherwise be contrary to the public interest, or which would prejudice legitimate commercial interests of particular enterprises, public or private.

Article 7.11. Monopolies and Exclusive Service Suppliers

1. Each Party shall ensure that any monopoly supplier of a service in its territory does not, in the supply of the monopoly service in the relevant market, act in a manner inconsistent with that Party's obligations under Article 7.3 (Most-Favoured-Nation Treatment) and specific commitments.

2. Where a Party's monopoly supplier competes, either directly or through an affiliated company, in the supply of a service outside the scope of its monopoly rights and which is subject to that Party?s specific commitments, the Party shall ensure that such a supplier does not abuse its monopoly position to act in its territory in a manner inconsistent with such commitments.

3. The provisions of this Article shall also apply to cases of exclusive service suppliers, where a Party, formally or in effect:

(a) authorises or establishes a small number of service suppliers; and

(b) substantially prevents competition among those suppliers in its territory.

Article 7.12. Business Practices

1. The Parties recognise that certain business practices of service suppliers, other than those falling under Article 7.11 (Monopolies and Exclusive Service Suppliers), may restrain competition and thereby restrict trade in services.

2. Each Party shall, at the request of another Party, enter into consultations with a view to eliminating practices referred to in paragraph 1. The Party addressed shall accord full and sympathetic consideration to such a request and shall cooperate through the supply of publicly available non-confidential information of relevance to the matter in question. The Party addressed shall also provide other information available to the requesting Party, subject to its domestic laws and regulations and to the conclusion of satisfactory agreement concerning the safeguarding of its confidentiality by the requesting Party.

Article 7.13. Payments and Transfers

1. Except under the circumstances envisaged in Article 7.14 (Restrictions to Safeguard the Balance-of-Payments), no Party shall apply restrictions on international transfers and payments for current transactions relating to its specific commitments with another Party.

2. Nothing in this Chapter shall affect the rights and obligations of the Parties under the Articles of the Agreement of the International Monetary Fund (IMF), including the use of exchange actions which are in conformity with the Articles of the Agreement of the IMF, provided that a Party shall not impose restrictions on capital transactions inconsistently with its specific commitments regarding such transactions, except under Article 7.14 (Restrictions to Safeguard the Balance-of-Payments) or at the request of the IMF.

Article 7.14. Restrictions to Safeguard the Balance-of-Payments

1. In the event of serious balance-of-payment and external financial difficulties or threat thereof, a Party may adopt or maintain restrictions on trade in services on which it has undertaken specific commitments, including on payments or transfers for transactions related to such commitments. It is recognised that particular pressures on the balance-of-payments of a Party in the process of economic development may necessitate the use of restrictions to ensure, inter alia, the maintenance of a level of financial reserve adequate for the implementation of its programme of economic development or economic transition.

2. The restrictions referred to in paragraph 1:

(a) shall not discriminate against any other Party in comparison to non-Party;

(b) shall be consistent with the Articles of Agreement of the IMF;

(c) shall avoid unnecessary damage to the commercial, economic and financial interest of any other Party;

(d) shall not exceed those necessary to deal with the circumstances described in paragraph 1; and

(e) shall be temporary and be phased out progressively as the situation specified in paragraph 1 improves.

3. In determining the incidence of such restrictions, the Parties may give priority to the supply of services which are most essential to their economic or development programmes. However, such restrictions shall not be adopted or maintained for the purpose of protecting a particular services sector.

Article 7.15. General Exceptions

1. Subject to the requirement that such measures are not applied in a manner which would constitute a means of arbitrary or unjustifiable discrimination between countries where like conditions prevail, or a disguised restriction on trade in services, nothing in this Chapter shall be construed to prevent the adoption or enforcement by a Party of measures:

(a) necessary to protect public morals or to maintain public order; (11)

(11) The public order exception may be invoked only where a genuine and sufficiently serious threat is posed to one of the fundamental interests of society.

(b) necessary to protect human, animal or plant life or health;

(c) necessary to secure compliance with domestic laws or regulations which are not inconsistent with this Chapter including those relating to:

(i) the prevention of deceptive and fraudulent practices or to deal with the effects of a default on services contracts;

(ii) the protection of the privacy of individuals in relation to the processing and dissemination of personal data and the protection of confidentiality of individual records and accounts; or

(iii) safety;

(d) inconsistent with Article 7.5 (National Treatment), provided that the difference in treatment is aimed at ensuring the equitable or effective (12) imposition or collection of direct taxes in respect of services or service suppliers of other Parties;

(12) Measures that are aimed at ensuring the equitable or effective imposition or collection of direct taxes include measures taken by a Party under its taxation system which: (i) apply to non-resident service suppliers in recognition of the fact that the tax obligation of non-residents is determined with respect to taxable items sourced or located in the Party's territory; (ii) apply to non-residents in order to ensure the imposition or collection of taxes in the Party's territory; (iii) apply to non-residents or residents in order to prevent the avoidance or evasion of taxes, including compliance measures; (iv) apply to consumers of services supplied in or from the territory of another Party in order to ensure the imposition or collection of taxes on such consumers derived from sources in the Party's territory; (v) distinguish service suppliers subject to tax on worldwide taxable items from other service suppliers, in recognition of the difference in the nature of the tax base between them; or (vi) determine, allocate or apportion income, profit, gain, loss, deduction or credit of resident persons or branches, or between related persons or branches of the same person, in order to safeguard the Party's tax base. Tax terms or concepts in subparagraph (d) and in this footnote are determined according to tax definitions and concepts, or equivalent or similar definitions and concepts, under the domestic law of the Party taking the measure.

(e) inconsistent with Article 7.3 (Most-Favoured-Nation Treatment), provided that the difference in treatment is the result of an agreement on the avoidance of double taxation or provisions on the avoidance of double taxation in any other international agreement or arrangement by which the Party is bound.

Article 7.16. Security Exceptions

1. Nothing in this Chapter shall be construed:

(a) to require a Party to furnish any information, the disclosure of which it considers contrary to its essential security interests;

(b) to prevent a Party from taking any action which it considers necessary for the protection of its essential security interests:

(i) relating to the supply of services as carried out directly or indirectly for the purpose of provisioning a military establishment;

(ii) relating to fissionable and fusionable materials or the materials from which they are derived;

(iii) taken in time of war or other emergency in international relations; or

(c) to prevent a Party from taking any action in pursuance of its obligations under the United Nations Charter for the maintenance of international peace and security.

Article 7.17. Schedules of Specific Commitments

1. Each Party shall set out in a schedule the specific commitments it undertakes under Articles 7.4 (Market Access), 7.5 (National Treatment) and 7.6 (Additional Commitments). With respect to sectors where such commitments are undertaken, each Schedule shall specify:

(a) terms, limitations and conditions on market access;

(b) conditions and qualifications on national treatment;

(c) undertakings relating to additional commitments referred to in Article 7.6 (Additional Commitments); and

(d) where appropriate, the time frame for implementation of such commitments; and the date of entry into force of such commitments.

2. Measures inconsistent with both Articles 7.4 (Market Access) and 7.5 (National Treatment) shall be dealt with as provided for in paragraph 2 of Article XX of the GATS.

3. The Parties' Schedules of Specific Commitments are set out in Annex XIII (Schedules of Specific Commitments).

Article 7.18. Modification of Schedules

The Parties shall, upon written request by a Party, hold consultations to consider any modification or withdrawal of a specific commitment in the requesting Party?s Schedule of Specific Commitments. The consultations shall be held within three months after the requesting Party made its request. In the consultations, the Parties shall aim to ensure that a general level of mutually advantageous commitments no less favourable to trade than that provided for in the Schedule of Specific Commitments prior to such consultations is maintained. Modifications of Schedules of Specific Commitments are subject to the procedures set out in Articles 14.2 (Joint Committee) and 16.2 (Amendments).

Article 7.19. Review

With the objective of further liberalising trade in services between them, the Parties shall review at least every five years, or more frequently if so agreed, their Schedules of Specific Commitments and their Lists of MFN Exemptions, taking into account in particular any autonomous liberalisation and on-going work under the auspices of the WTO. The first such review shall take place no later than five years from the entry into force of this Agreement.

Article 7.20. Consultations on Subsidies

1. Notwithstanding Article 7.1 (Scope and Coverage), a Party which considers that it is adversely affected by a subsidy of another Party may request ad hoc consultations with that Party on such matters. Such request shall be accorded sympathetic considerations.

2. No Party shall have recourse to dispute settlement under Chapter 15 (Dispute Settlement) for any request made or consultations held under this Article, or any other dispute arising under this Article.

Article 7.21. Denial of Benefits

1. A Party may deny the benefits of this Chapter to a national of a non-Party, or to a juridical person of another Party that is owned or controlled by a non-Party or by a person of a non-Party, if the denying Party:

(a) does not maintain diplomatic relations with the non-Party; or

(b) adopts or maintains measures related to the maintenance of international peace and security, including the protection of human rights, which prohibit transactions with that person or would be violated or circumvented if the benefits of this Chapter were accorded to that person.

Article 7.22. Annexes

The following Annexes form an integral part of this Chapter:

- Annex XV (Financial Services);

- Annex XVI (Telecommunication Services);

- Annex XIII (Schedules of Specific Commitments); and

- Annex XIV (Lists of MFN Exemptions).

Annex XV. Financial Services

Article 1. Scope and Definitions

1. This Annex applies to measures by a Party affecting trade in financial services. (1)

(1) “Trade in financial services” shall be understood in accordance with the definition contained in subparagraph 1 (a) (i) of Article 7.2 (Definitions) of the Agreement.

2. For the purposes of this Annex:

(a) “financial service” means any service of a financial nature offered by a financial service supplier of a Party. Financial services include all insurance and insurance-related services, and all banking and other financial services (excluding insurance). Financial services include the following activities:

Insurance and insurance-related services

(i) direct insurance (including co-insurance):

(aa) life;

(bb) non-life;

(ii) reinsurance and retrocession;

  • Chapter   1 GENERAL PROVISIONS 1
  • Article   1.1 Objectives 1
  • Article   1.2 Scope of Application 1
  • Article   1.3 Trade Relations Governed by this Agreement 1
  • Article   1.4 Relationship to other International Agreements 1
  • Article   1.5 Central, Regional and Local Government 1
  • Article   1.6 Transparency and Confidentiality 1
  • Chapter   2 TRADE IN NON-AGRICULTURAL GOODS 1
  • Article   2.1 Scope 1
  • Article   2.2 Definitions 1
  • Article   2.3 Import Duties 1
  • Article   2.4 Customs Valuation (1) 1
  • Article   2.5 Quantitative Restrictions 1
  • Article   2.6 Rules of Origin and Methods of Administrative Cooperation 1
  • Article   2.7 Classification of Goods 1
  • Article   2.8 Fees and Formalities 1
  • Article   2.9 National Treatment on Internal Taxation and Regulations 1
  • Article   2.10 Technical Amendments 1
  • Article   2.11 Exchange of Trade Data 1
  • Article   2.12 Sub-Committee on Trade In Goods 1
  • Article   2.13 State Trading Enterprises 1
  • Article   2.14 Balance-of-Payments 1
  • Article   2.15 Trade Facilitation 1
  • Article   2.16 General Exceptions 1
  • Article   2.17 Security Exceptions 1
  • Chapter   3 TRADE IN AGRICULTURAL GOODS 1
  • Article   3.1 Scope 1
  • Article   3.2 Tariff Concessions 1
  • Article   3.3 Other Provisions 1
  • Article   3.4 Dialogue 1
  • Article   3.5 Further Liberalisation 1
  • Chapter   4 TECHNICAL BARRIERS TO TRADE 1
  • Article   4.1 Objectives 1
  • Article   4.2 Scope 1
  • Article   4.3 Incorporation of the TBT Agreement 1
  • Article   4.4 International Standards 1
  • Article   4.5 Movement of Goods, Border Control and Market Surveillance 1
  • Article   4.6 Conformity Assessment Procedures 1
  • Article   4.7 Cooperation 2
  • Article   4.8 Consultations 2
  • Article   4.9 Annexes 2
  • Article   4.10 Review Clause 2
  • Article   4.11 Contact Points 2
  • Chapter   5 SANITARY AND PHYTOSANITARY MEASURES 2
  • Article   5.1 Objectives 2
  • Article   5.2 Scope and Coverage 2
  • Article   5.3 Affirmation and Incorporation of the SPS Agreement 2
  • Article   5.4 Definitions 2
  • Article   5.5 Audits 2
  • Article   5.6 Certificates 2
  • Article   5.7 Cooperation 2
  • Article   5.8 Movement of Goods 2
  • Article   5.9 Import Checks 2
  • Article   5.10 Consultations 2
  • Article   5.11 Competent Authorities and Contact Points 2
  • Chapter   6 TRADE REMEDIES 2
  • Article   6.1 Subsidies and Countervailing Measures 2
  • Article   6.2 Anti-Dumping 2
  • Article   6.3 Global Safeguard Measures 2
  • Article   6.4 Bilateral Safeguard Measures 2
  • Chapter   7 TRADE IN SERVICES 2
  • Article   7.1 Scope and Coverage 2
  • Article   7.2 Definitions 2
  • Article   7.3 Most-Favoured-Nation Treatment 3
  • Article   7.4 Market Access 3
  • Article   7.5 National Treatment 3
  • Article   7.6 Additional Commitments 3
  • Article   7.7 Domestic Regulation 3
  • Article   7.8 Recognition 3
  • Article   7.9 Movement of Natural Persons Supplying Services 3
  • Article   7.10 Transparency 3
  • Article   7.11 Monopolies and Exclusive Service Suppliers 3
  • Article   7.12 Business Practices 3
  • Article   7.13 Payments and Transfers 3
  • Article   7.14 Restrictions to Safeguard the Balance-of-Payments 3
  • Article   7.15 General Exceptions 3
  • Article   7.16 Security Exceptions 3
  • Article   7.17 Schedules of Specific Commitments 3
  • Article   7.18 Modification of Schedules 3
  • Article   7.19 Review 3
  • Article   7.20 Consultations on Subsidies 3
  • Article   7.21 Denial of Benefits 3
  • Article   7.22 Annexes 3
  • Annex XV  Financial Services 3
  • Article   1 Scope and Definitions 3
  • Article   2 National Treatment 4
  • Article   3 Transparency 4
  • Article   4 Expeditious Application Procedures 4
  • Article   5 Domestic Regulation 4
  • Article   6 Recognition of Prudential Measures 4
  • Article   7 Transfers of Information and Processing of Information 4
  • Chapter   8 INVESTMENT 4
  • Article   8.1 Scope of Coverage 4
  • Article   8.2 Definitions 4
  • Article   8.3 National Treatment 4
  • Article   8.4 Reservations (16) 4
  • Article   8.5 Key Personnel 4
  • Article   8.6 Right to Regulate 4
  • Article   8.7 Consultations on Subsidies 4
  • Article   8.8 Transparency 4
  • Article   8.9 Payments and Transfers 4
  • Article   8.10 Restrictions to Safeguard the Balance-of-Payments 4
  • Article   8.11 General Exceptions 4
  • Article   8.12 Security Exceptions 4
  • Article   8.13 Review 4
  • Article   8.14 Denial of Benefits 4
  • Chapter   9 INTELLECTUAL PROPERTY RIGHTS 4
  • Article   9.1 Protection of Intellectual Property 4
  • Article   9.2 General Provision 4
  • Chapter   10 GOVERNMENT PROCUREMENT 4
  • ANNEX XVIII  REFERRED TO IN ARTICLE 8.4. INVESTMENT RESERVATIONS 16
  • APPENDIX 1  RESERVATIONS BY MALAYSIA 16