ANNEX 7 FINANCIAL SERVICES A Sample Clauses

ANNEX 7 FINANCIAL SERVICES A. In respect of banking services referred to in Annex 6, Part B,the most- favoured-nation treatment granted pursuant to Article 28 (1), with regard to establishment by means of the setting up of asubsidiary only (excluding therefore establishment by means of thesetting up of a branch), and the national treatment granted pursuantto Article 28 (3), by Russia means treatment no less favourable thanthe treatment granted by Russia to its own companies with thefollowing exceptions: