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comprehensive economic cooperation agreement between ... - MITI

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Modes of supply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence of natural persons<br />

Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments<br />

B. Travel Agency and<br />

Tour Operator<br />

Services<br />

(CPC 7471)<br />

1) None<br />

2) None<br />

3) Only through incorporation with a foreign<br />

equity ceiling of 51 per cent and subject to<br />

the condition that in the case of foreign<br />

investors having prior collaboration in that<br />

specific service sector in India, FIPB<br />

approval would be required.<br />

4) Unbound except as indicated in the<br />

horizontal commitments.<br />

1) None<br />

2) None<br />

3) None<br />

4) Unbound except as indicated in the<br />

horizontal commitments.

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