RESTRICTED  WORLD TRADE  
ORGANIZATION  WT/ACC/SPEC/CPV/3/Rev.4 
25 June 2007 
 
 (07-2658) 
Working Party on the 
Accession of Cape Verde Original:   English 
 
 
 
ACCESSION OF CAPE VERDE 
 
Offer on Specific Commitments in Services  
 
Revision  
   The following submission, dated 20 June 2007, is  being circulated at the request of the 
Delegation of the Republic of Cape Verde. 
 
 
_______________ 
  
  WT/ACC/SPEC/CPV/3/Rev.4 
Page 2 Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
I. HORIZONTAL COMMITMENTS (APPLICABLE TO A LL SECTORS INCLUDED TO THIS SCHEDULE) 
  (3) Foreign Investment is subject to 
authorisation by Cape Verde’s 
authorities.1   
  (3) Foreign firms may be required to 
train and upgrade the technical and 
management skills of local 
employees.   
 (4) Unbound except for measures 
concerning the entry and temporary stay 
of natural persons in the following 
categories:  
- Business Visitors
 
 Persons not based in the Republic of Cape 
Verde and receiving no remuneration 
from a source located within the Republic 
of Cape Verde, who are representatives of 
business carrying on activities in a WTO member who are seeking temporary entry 
into Cape Verde for the purpose of 
negotiating for the sale of the services of that business, entering into agreements to 
sell services for that business, 
participating in business meetings or preparing for the establishment of a 
commercial presence, where those 
representatives will not be engaged in making direct sales to the general public. 
 
Entry for Business Visitors is limited to  90 days in any 12 months.   
                                                      
1 Upon submission of a complete application, a decision authorizing the investment will be made within 30 days of the date of ap plication.  If a decision is not made 
within 30 days, the authoriza tion is considered granted.  
   WT/ACC/SPEC/CPV/3/Rev.4
 Page 3Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
 - Intra-Corpor ate transferees  
 
People who have been employed by their firm for a period of not less than one year 
and who seek temporary entry in order to 
render services to the same employer or a branch or a subsidiary of affiliates of that 
employee, more specifically, who are one 
of the following:    
 - Managers  
 
Persons within an organization who primarily direct the organization, or 
a department or sub-division of the 
organization, supervise and control the work of other supervisory, 
professional or managerial 
employees, have the authority to hire 
and fire or recommend hiring and 
firing, or other personnel actions (such as promotion or leave 
authorization), and exercise 
discretionary authority over day-to-day operations.  Does not include 
first line supervisors, unless the 
employees supervised are professionals, nor does it include 
employees who primarily perform 
tasks necessary for the provision of the service. 
 
- Executives
 
 
Persons within the organization who 
primarily direct the management of the organization, establish the goals 
and policies of the organization or a    
  WT/ACC/SPEC/CPV/3/Rev.4 
Page 4 Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
major component or function of the 
organization, exercise wide latitude 
in decision-making, and receive only general supervision or direction from 
higher-level executiv es, the board of 
directors, or stockholders of  the business.  Executives would not 
directly perform tasks related to the 
actual provision of a service or services of the organization. 
 
- Specialists
 
 
Persons within an organization who 
possess knowledge at an advanced level of continued expertise and who 
possess proprietary knowledge of the 
organization's services, research, 
techniques, or management.  
Specialists may include, but are not limited to, members of licensed 
professions. 
 
Entry for ICTs is limited to one year, 
renewable annually for up to five 
years, except for ICTs working on 
information systems or 
communication system who are 
limited to four years. 
 
- Contractual Service Suppliers
 
 
Persons as employees of an 
enterprise engaged in substantive 
business in the Republic of Cape Verde without having a 
commercial presence in the Republic 
of Cape Verde who provide a service  
   WT/ACC/SPEC/CPV/3/Rev.4
 Page 5Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
as a professional of a service sector 
pursuant to a contract between the 
enterprise and a client in Cape Verde, and who have been employed 
by this enterprise for a period of at 
least one year prior to their entry into Cape Verde. 
 
Entry for CSS is limited to one year, renewable annually for up to five 
years.  
  WT/ACC/SPEC/CPV/3/Rev.4 
Page 6 Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
II. SECTOR-SPECIFIC COMMITMENTS 
I. BUSINESS SERVICES 
A. Professional services 
(a) Legal services 
 (CPC 861)related to the law of 
jurisdiction where service supplier is qualified as a lawyer (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments  
- Arbitration and conciliations 
 services  (CPC 86602) (1) None 
(2) None (3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None (3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments  
(b) Accounting, auditing and 
bookkeeping services 
(CPC 862) (1) None, except registration with 
General Directorate of Finance 
required 
(2) None (3) None, except registration with 
General Directorate of Finance 
required 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
 
 
(2) None (3) None 
 
 
(4) Unbound, except as indicated under 
Horizontal Commitments  
(c) Taxation services 
 (CPC 863) (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments  
(d) Architectural services 
 (CPC 8671) (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments  
(e) Engineering services 
 (CPC 8672) (f) Integrated engineering services 
 (CPC 86739) (1) None 
(2) None (3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None (3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments   
   WT/ACC/SPEC/CPV/3/Rev.4
 Page 7Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
(g) Urban planning and landscape 
architectural services 
 (CPC 8674) (1) Unbound 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments  
(i) Veterinary services 
 (CPC 9320) (1) Unbound 
(2) None (3) None, except must be qualified to 
practice in home country and must 
register with the Ministry of Agriculture and be member of 
Veterinarians' Professional 
Association 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None (3) None 
 
  
 
 (4) Unbound, except as indicated under 
Horizontal Commitments  
B. Computer and Related Services 
(a) Consultancy services related to the 
installation of computer hardware 
 (CPC 841) 
(b) Software implementation services  (CPC 842) 
(c) Data processing services 
 (CPC 843) (d) Data base services 
 (CPC 844) 
(e) Other  (CPC 845-849) (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments   
  WT/ACC/SPEC/CPV/3/Rev.4 
Page 8 Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
C. Research and Development Services 
(a) R&D services on natural sciences 
and engineering 
 (CPC 851) (1) Unbound 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None (4) Unbound, except as indicated in 
Horizontal Commitments  
(b) R&D services on social sciences and 
humanities 
 (CPC 852) (1) Unbound 
(2) None (3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None (3) None 
(4) Unbound, except as indicated in 
Horizontal Commitments  
(c) Interdisciplinary R&D services 
 (CPC 8530) (1) Unbound 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated in 
Horizontal Commitments  
D. Real Estate Services 
(a) Involving own or leased property 
 (CPC 821) (1) Unbound 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments  
(b) On a fee or contract basis 
 (CPC 822) (1) Unbound 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments   
   WT/ACC/SPEC/CPV/3/Rev.4
 Page 9Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
E. Rental/Leasing Services without Operators 
(c) Leasing or rental services 
concerning private cars without 
operator 
 (CPC 83101) 
- Leasing or rental services 
concerning other land transport equipment without operator 
 (CPC 83105) 
(d) Leasing or rental services 
concerning machinery or equipment 
without operators 
 (CPC 83106, 83107, 83108, 83109) (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments  
F. Other Business Services 
(a) Advertising services 
 (CPC 871) (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments  
(b) Market research and public opinion 
polling services 
 (CPC 864) (1) None 
(2) None (3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None (3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments  
(c) Management consulting services 
 (CPC 865) (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments  
(d) Services related to management 
consulting 
 (CPC 866) (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments   
  WT/ACC/SPEC/CPV/3/Rev.4 
Page 10 Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
(e) Technical testing and analysis 
services 
 (CPC 8676) (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments  
(f) Services incidental to agriculture, 
hunting and forestry 
 (CPC 881) (1) Unbound 
(2) None (3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None (3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments  
(g) Services incidental to fishing 
 (CPC 882) (1) Unbound 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments  
(h) Services incidental to mining 
 (CPC 883) (1) Unbound 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments  
(i) Services incidental to manufacturing 
 (CPC 884) (1) Unbound 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) Unbound 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments  
(m) Related scientific and technical 
consulting services 
 (CPC 8675) (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments  
(n) Maintenance and repair of 
equipment, excluding maritime vessels, aircraft or other transport 
equipment 
 (CPC 633, 8860-8866) (1) Unbound 
(2) None (3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) Unbound 
(2) None (3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments   
   WT/ACC/SPEC/CPV/3/Rev.4
 Page 11Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
(s) Planning, managing and marketing 
services for conventions and similar 
events 
 (CPC 87909) (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments  
(t) Translation services 
 (CPC 87905) (1) None, other than for government 
documents and events 
(2) None 
(3) None, other than for government 
documents and events 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
 (2) None 
(3) None 
 (4) Unbound, except as indicated under 
Horizontal Commitments  
2. COMMUNICATION SERVICES 
B. Courier Services  
Limited, to the collection, sorting, 
transport, and delivery of 
documents, printed matter, parcels, 
goods, other items on an expedited 
basis; provided that the transport 
originates or terminates outside the territory of Cape Verde (and is not 
intra- or inter-island) 
 (CPC 7512) (1) None 
(2) None (3) None 
(4) Unbound (1) None 
(2) None (3) None 
(4) Unbound   
  WT/ACC/SPEC/CPV/3/Rev.4 
Page 12 Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
C. Telecommunication Services 
 Unless otherwise specified, the Commitments in this sector have been scheduled in accordance with the "Notes for Scheduling Ba sic Telecom Services Commitments 
(S/GBT/W/2/Rev. 1)and "Market Access Limita tions on Spectrum Availability" (S/GBT/W/3) 
 
   The Republic of Cape Verde undertakes 
the obligations contained in the attached 
Reference Paper with respect to provision 
of telecommunications services, other than electronic mail, voice mail, on-line 
information and data base retrieval, EDI, 
code and protocol conversion.  
CVTelecom has a monopoly on fixed-line 
voice local and domestic long distance service and all international voice and 
data services.  Cape Verde will provide 
unlimited market access and full national treatment for any service initially covered 
by the monopoly immediately upon 
termination, or by the end of 2010, 
whichever comes first. 
- International voice and data 
transmission services 
 
- Domestic and national long-distance 
voice services: 
 - on a fixed-line facilities-basis 
 - for public use (1) Unbound, except none as of the 
termination of the monopoly or 31 December 2010, whichever 
comes first 
(2) Unbound, except none as of the 
termination of the monopoly or 
31 December 2010, whichever 
comes first 
(3) Unbound, except none as of the 
termination of the monopoly or 
31 December 2010, whichever comes first 
(4) Unbound, except as set forth in the 
Horizontal Commitments (1) None 
  
 
(2) None  
 
 (3) None 
 
  
(4) Unbound, except as set forth in the 
Horizontal Commitments   
   WT/ACC/SPEC/CPV/3/Rev.4
 Page 13Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
- Domestic and national long distance 
data services: 
 - on a fixed-line facilities-basis  - for public use (1) Unbound, except none as of the 
termination of the monopoly or 
31 December 2010, whichever comes first 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
 
  
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments  
- Voice and data transmission 
services: 
 - on a resale basis 
 - for public use (1) Exclusively over the network of or 
circuits leased from a carrier licensed to provide facilities-based 
services 
(2) Exclusively over the network of or 
circuits leased from a carrier 
licensed to provide facilities-based 
services 
(3) Exclusively over the network of or 
circuits leased from a carrier 
licensed to provide facilities-based 
services 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
  
 
(2) None  
 
 (3) None 
 
 
 
(4) Unbound, except as indicated under 
Horizontal Commitments  
- Radio-based services: 
 - paging (1) Unbound 
(2) None 
(3) None, except only three operators 
will be licensed 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) Unbound 
(2) None 
(3) None  
(4) Unbound, except as indicated under 
Horizontal Commitments  
- Local and domes tic long distance 
voice and data transmission services 
over a wireless network (1) Unbound, except none as of the 
termination of the monopoly or 
31 December 2010, whichever 
comes first 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) Unbound, until the termination of 
the monopoly.  Unbound, as of the 
termination of the monopoly 
(2) None (3) None 
 
(4) Unbound, except as indicated under 
Horizontal Commitments   
  WT/ACC/SPEC/CPV/3/Rev.4 
Page 14 Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
- Voice and data transmission services 
 for non-public use only (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments  
- Electronic Mail, Voice Mail, On-line 
information and data base retrieval, EDI, Code and Protocol Conversion (1) Unbound, except none as of the 
termination of the monopoly or 31 December 2010, whichever 
comes first 
(2) None, except if over fixed lines, 
exclusively over the network of or 
circuits leased from a carrier 
licensed to provide facilities-based services.  Radio-based:  none 
(3) None, except if over fixed lines, 
exclusively over the network of or circuits leased from a carrier 
licensed to provide facilities-based 
services.  Radio-based: none 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) Unbound, until the termination of 
the monopoly.  None, as of the termination of the monopoly 
 
(2) None  
 
  
(3) None 
  
 
 
(4) Unbound, except as indicated under 
Horizontal Commitments  
- Telecommunications related services 
 (CPC 754) (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments   
   WT/ACC/SPEC/CPV/3/Rev.4
 Page 15Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
D. Audiovisual  Services 
(a) Motion picture and video tape 
production and distribution services 
 (CPC 9611) (b) Motion picture projection services 
 (CPC 9612) 
(c) Radio and television services  (CPC 9613) 
(d) Sound recording services (1) None 
(2) None 
(3) None  
 
  
(4) Unbound, except as indicated under 
Horizontal Commitments (1)(2)and (3)None, except unbound for 
support programs established to 
preserve or promote the cultural identity of Cape Verde and of 
countries with which Cape Verde 
has bilateral and plurilateral agreements now or in the future 
(4) Unbound, except as indicated under 
Horizontal Commitments  
3. CONSTRUCTION AND RELATED ENGINEERING SERVICES 
A. General construction work for 
buildings 
 (CPC 512) 
B. General construction work for civil 
engineering 
 (CPC 513) 
C. Installation and assembly work 
 (CPC 514, 516) 
D. Building completion and finishing 
work 
 (CPC 517) 
E. Other Construction Services  (CPC 511, 515, 518) (1) Unbound 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments   
  WT/ACC/SPEC/CPV/3/Rev.4 
Page 16 Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
4. DISTRIBUTION SERVICES 
B. Wholesale Trade Services, excluding 
the importation of tobacco; and 
importation and sale of: 
 - precious metals for use by the 
national bank 
 - pharmaceuticals; produced in 
Cape Verde for a period of three 
years from the date of accession 
and 
 - fuel 
  (CPC 622) 
C. Retailing Services, including the 
sales of pharmaceuticals and fuel 
 (CPC 631 and 632) 
D. Franchising Services  (CPC 8929) 
- Wholesale and Retail Trade 
Services, relating to the sales of 
automobiles 
 (CPC 611, 6113, 6121) (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments  
5. EDUCATIONAL SERVICES 
 The educational services listed below are limited to privately funded education services and ex clude education services funded  from government resources 
B. Secondary Education Services 
 (CPC 922) 
C. Higher Education Services  (CPC 923) 
D. Adult education 
 (CPC 924) E. Other educational services 
 (CPC 929 (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments   
   WT/ACC/SPEC/CPV/3/Rev.4
 Page 17Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
6. ENVIRONMENTAL SERVICES 
A. Sewage services 
 (CPC 9401) 
B. Refuse disposal services  (CPC 9402) 
C. Sanitation and similar services 
 (CPC 9403) D. Other: 
 - Cleaning services of exhaust 
gases 
  (CPC 9404) 
 - Noise abatement services 
  (CPC 9405)  - Nature and Landscape protection 
services 
  (CPC 9406)  - Other 
  (CPC 9409) (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments  
7. FINANCIAL SERVICES 
 Cape Verde will permit the establishment of  branch offices within 10 years from th e date of Cape Verde´s accession to the WTO on banking, insurance, and securities sub-
sectors 
A. Insurance and insurance-related services 
(i) Direct insurance (including co-
insurance): 
 (A) life insurance 
 (B) non-life insurance (1) Unbound 
(2) None (3) None, except service provider must 
take form of limited liability 
company 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None (3) None 
 
 (4) Unbound, except as indicated under 
Horizontal Commitments  
(ii) Reinsurance and retrocession (1) None 
(2) None (3) None, except service provider must 
take form of limited liability 
company 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None (3) None 
 
 (4) Unbound, except as indicated under 
Horizontal Commitments   
  WT/ACC/SPEC/CPV/3/Rev.4 
Page 18 Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
(iii) Insurance intermediation, such as 
brokerage and agency (1) Unbound, except for reinsurance 
where:  none 
(2) None (3) None, except qualification as an 
agent requires two year residency in 
Cape Verde and qualification as a broker requires three years of work 
as an insurance agent in Cape Verde 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
 
(2) None (3) None 
 
  
 
(4) Unbound, except as indicated under 
Horizontal Commitments  
(iv) Services auxiliary to insurance, such 
as consultancy, actuarial risk 
assessment and claim settlement services (1) None 
(2) None 
(3) None, except service provider must 
take form of limited liability 
company 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None  
 
(4) Unbound, except as indicated under 
Horizontal Commitments  
B. Banking and other financial s ervices (excluding insurance) 
(v) Acceptance of deposits and other 
repayable funds from the public 
 
(vi) Lending of all types, including 
consumer credit, mortgage credit, factoring and financing of 
commercial transaction 
 (vii) Financial leasing 
 
(viii) All payment and money 
transmission services, including 
credit, charge and debit cards, 
travellers cheques and bankers drafts 
(ix) Guarantees and commitments 
 
(x) Trading for own account or for 
account of customers, whether on an 
exchange, in an over-the-counter (1) Unbound 
(2) None (3) None, except service provider must 
be set up in the form of a limited 
liability company 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None (3) None 
 
 (4) Unbound, except as indicated under 
Horizontal Commitments   
   WT/ACC/SPEC/CPV/3/Rev.4
 Page 19Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
market or otherwise, the following: 
 
(A) money market instruments 
(including cheques, bills, 
certificates of deposits); 
(B) foreign exchange; (C) derivative products including, 
but not limited to, futures and 
options; 
(D) exchange rate and interest rate 
instruments, including products 
such as swaps, forward rate agreements; 
(E) transferable securities; and 
(F) other negotiable instruments 
and financial assets, including 
bullion 
 
(xi) Participation in issues of all kinds of 
securities, including underwriting and placement as agent (whether 
publicly or privately)and provision 
of services related to such issues 
 
(xii) Money broking 
 (xiii) Asset management, such as cash or 
portfolio management, all forms of 
collective investment management, pension fund management, custodial, 
depository and trust services 
 (xiv) Settlement and clearing services for 
financial assets, including securities, 
derivative products, and other negotiable instruments  
  WT/ACC/SPEC/CPV/3/Rev.4 
Page 20 Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
(xv) Advisory, intermediation and other 
auxiliary financial services on all the 
activities listed in subparagraphs (v)through (xv), including credit 
reference and analysis, investment 
and portfolio research and advice, advice on acquisitions and on 
corporate restructuring and strategy 
 (xvi) Provision and transfer of financial 
information, and financial data 
processing and related software by suppliers of other financial services (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments  
9. TOURISM AND TRAV EL RELATED SERVICES 
A. Hotels and restaurant service 
 (CPC 641, 642, 643) (1) Unbound 
(2) None 
(3) None, except (i) operation of hotels 
may optionaly seek to take 
advantage of the investment 
incentives under Tourism Utility 
Law and (ii) restaurants that want to 
take advantage of investment incentives under the Tourism Utility 
Law, are subject to an economic 
needs test (ENT).  However, restaurants that do not want to take 
advantage of investment incentives 
under that law are not subject to an ENT. 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) Unbound 
(2) None 
(3) None  
 
 
 
  
 
  
 
  
(4) Unbound, except as indicated under 
Horizontal Commitments The Government of Cape Verde affirms 
that there is no discrimination on the basis 
of nationality in application of the investment incentives of the Tourism 
Utility Law or the related economic needs 
test.    
   WT/ACC/SPEC/CPV/3/Rev.4
 Page 21Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
B. Travel agencies and tour operators 
services  
 (CPC 7471) (1) Unbound 
(2) None 
(3) None with respect to travel agencies 
and tour operator services provided 
in joint venture with Cape Verde 
nationals, as long as foreign interest is less than 50%. 
 
 Travel agencies and tour operator 
services with foreign investment of 
50% of more are subject to the 
following limitations: 
 
 - the number of such travel 
agencies cannot exceed more than one-third of all national 
service providers (including joint 
ventures with a foreign interest 
of less than 50%)operating in the 
territory of Cape Verde; 
 - the number of such tour 
operators cannot exceed more 
than one-third of all national service providers (including joint 
ventures with a foreign interest 
of less than 50%)operating in the territory of Cape Verde; 
 - a travel agency with less than 
50% Cape Verde ownership is limited to one establishment on 
each of three islands; and 
 - a tour operator  with less than 
50% Cape Verde ownership 
cannot operate on more than 
three islands. 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None  
 
  
 
  
 
  
 
  
 
 
 
  
 
  
 
  
 
  
 
  
 
 (4) Unbound, except as indicated under 
Horizontal Commitments   
  WT/ACC/SPEC/CPV/3/Rev.4 
Page 22 Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
C. Tour guides 
 (CPC 7472) (1) Unbound 
(2) Unbound 
(3) Unbound, except for tour guides 
with language capabilities not 
otherwise available in Cape Verde 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None  
 
(4) Unbound, except as indicated under 
Horizontal Commitments  
10. RECREATIONAL, CULTURAL AND SPORTING SERVICES 
- Recreational fishing (1) Unbound 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments  
11. TRANSPORT SERVICES 
International Maritime Transport 
 - Passenger and Freight 
(CPC 7211, 7212) less
 cabotage 
transport   The following services at the port are made 
available to international maritime transport suppliers on reasonable and non 
discriminatory terms and conditions: 
 
1. Pilotage; 
2. Towing and the tug assistance; 3. Provisioning, fuelling and watering; 
4. Garbage collecting and ballast waste 
disposal; 
5. Port Captain's services; 
6. Navigation aids; 
7. Shore-based operational services 
essential to ship operations including 
communications, water and electrical 
supplies; 
8. Emergency repair facilities; 
9. Anchorage, berth and berthing 
services.  
   WT/ACC/SPEC/CPV/3/Rev.4
 Page 23Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
 (1) (a) Liner shipping :  none 
 (b) Bulk, tramp, and other 
international shipping, 
including passenger 
transportation;  none  
(2) None (1) (a) None 
 (b) None 
  
 
(2) None (1) See Note 
 (1) (a) Liner shipping:  none 
 (b) Bulk, tramp, and other 
international shipping, 
including passenger transportation;  none 
(2) None (1) (a) None 
 (b) None 
 
  
(2) None (1) See Note 
 (3) (a) Establishment of registered 
company for the purpose of operating a fleet under the 
national flag of the State of 
establishment:  unbound 
 (b) Other forms of commercial 
presence for the supply of 
international maritime transport 
services (as defined below - 2):  
none (3) (a) Unbound 
 (b) None (3) (b)  See Note 
 (3) (a) Establishment of registered 
company for the purpose of 
operating a fleet under the 
national flag of the State of establishment:  unbound 
 (b) Other forms of commercial 
presence for the supply of international maritime transport 
services (as defined below - 2):  
none (3) (a) Unbound 
 (b) None (3) (b)  See Note  
  WT/ACC/SPEC/CPV/3/Rev.4 
Page 24 Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
 (4) (a) Ships' crews:  unbound 
 (b) Key personnel employed in 
relation to a commercial presence as defined under 
mode 3(b) above (4) (a) None 
 (b) None  
- Maritime Auxiliary Services 
  - Maritime Cargo Handling 
Services (as defined below - 4) 1) Unbound
* except for - no limitation 
on trans-shipment (board to board or via the quay)and/or on the use of on-
board cargo handling equipment 
(2) None 
(3) None
** 
(4) None 1) Unbound* except for - no limitation 
on trans-shipment (board to board or via the quay)and/or on the use of on-
board cargo handling equipment 
(2) None 
(3) None 
(4) None  
- Storage and Warehousing Services 
CPC 742 (as amended) (1) Unbound* 
(2) None (3) None
** 
(4) None (1) Unbound* 
(2) None (3) None 
(4) None  
- Customs Clearance Services  
(as defined below - 5) (1) Unbound* 
(2) None 
(3) None** 
(4) None (1) Unbound* 
(2) None 
(3) None 
(4) None  
- Container Station and Depot Services 
(as defined below - 6) (1) Unbound* 
(2) None 
(3) None** 
(4) None (1) Unbound* 
(2) None 
(3) None 
(4) None  
- Maritime Agency Services  
(as defined below - 7) (1) None 
(2) None 
(3) None 
(4) None (1) None 
(2) None 
(3) None 
(4) None See Note 
- [Maritime] Freight Forwarding 
Services  
(as defined below - 8) (1) None 
(2) None 
(3) None 
(4) None (1) None 
(2) None 
(3) None 
(4) None See Note 
                                                      
*   A commitment on this mode of delivery is not feasible. 
**  Public utility concession or licensing procedures may apply in case of occupation of the public domain.  
   WT/ACC/SPEC/CPV/3/Rev.4
 Page 25Modes of supply:  (1) Cross-Border supply (2) Consumption abroad (3) Commercial Presence (4) Presence of natural persons 
Sector or sub-sector  Limitations on market access Limitations on nati onal treatment Additional commitments 
Rental of boats and ships (CPC 83103) 
 
- Inter-island and local maritime 
transport - passenger and freight  
 (CPC 7221, 7222) (1) Unbound 
(2) None 
(3) None, except foreign ownership 
limited to less than 75% and vessel 
must be registered in Cape Verde  
(4) Unbound, except as set forth in 
Horizontal Commitment (1) None 
(2) None 
(3) None  
 
(4) Unbound, except as indicated under 
Horizontal Commitments  
- Supporting services for maritime 
transport 
 (CPC 745) (1) None 
(2) None 
(3) None, as of 1 June 2006 (4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None (4) Unbound, except as indicated under 
Horizontal Commitments  
- Road Transport Services 
 a. Passenger transportation 
 (CPC 7121 + 7122) 
b. Freight transportation  (CPC 7123) 
c. Rental of commercial vehicle with 
operator 
 (CPC 7124) 
d. Maintenance and repair of road 
transport equipment 
 (CPC  6112 +8867) 
e. Supporting services for road 
transport services 
 (CPC 744) (1) None 
(2) None (3) None 
(4)   Unbound, except as indicated under 
Horizontal Commitments  (1) None 
(2) None (3) None 
(4)   Unbound, except as indicated under 
Horizontal Commitments   
 WT/ACC/SPEC/CPV/3/Rev.4 
Page 26  
 
  REFERENCE PAPER
 
Scope  
The following are definitions and principles on the regulatory framework for the basic 
telecommunications services.   
Definitions  
Users mean service consumers and service suppliers.   Essential facilities mean facilities of a public telecommunications transport network or service that  
(a) are exclusively or predominantly provided  by a single or limited number of suppliers; 
and  
(b) cannot feasibly be economically or tec hnically substituted in order to provide a 
service. 
A major supplier is a supplier which has the ability to  materially affect the terms of participation 
(having regard to price and supply)in the relevant  market for basic telecommunications services as a 
result of:   
(a) control over essential facilities; or  (b) use of its position in the market. 
1. Competitive safeguards
 
1.1 Prevention of anti-competitive practices in telecommunications  
Appropriate measures shall be maintained for th e purpose of preventing suppliers who, alone 
or together, are a major supplier from engaging  in or continuing anti-competitive practices. 
1.2 Safeguards  
The anti-competitive practices referred to above shall include in particular:  (a) engaging in anti-competitive cross-subsidization;  (b) using information obtained from compet itors with anti-competitive results;  and  
(c) not making available to other services suppliers on a timely basis technical 
information about essential facilities and co mmercially relevant information which 
are necessary for them to provide services.  
2. Interconnection
 
2.1 This section applies to linking with supplie rs providing public telecommunications transport 
networks or services in order to allow the user s of one supplier to communicate with users of 
another supplier and to access services provi ded by another supplier, where specific 
commitments are undertaken.  WT/ACC/SPEC/CPV/3/Rev.4 
 Page 27 
 
 
  2.2 Interconnection to be ensured  
Interconnection with a major supplier will be ensu red at any technically feasible point in the 
network.  Such interconnection is provided: 
(a) under non-discriminatory terms, conditi ons (including technical standards and 
specifications)and rates and of a quality no l ess favourable than that provided for its 
own like services or for like services of non-affiliated service suppliers or for its 
subsidiaries or other affiliates; 
(b) in a timely fashion, on terms, conditions (including technical standards and 
specifications)and cost-oriented rates that are transparent, reasonable, having regard to economic feasibility, and sufficiently unbundl ed so that the supplier need not pay 
for network components or facilities that it does not require for the service to be 
provided;  and 
(c) upon request, at points in addition to the network termination points offered to the 
majority of users, subject to charges that reflect the cost of construction of necessary 
additional facilities. 
2.3 Public availability of the pro cedures for interconnection negotiations
 
The procedures applicable for interconnecti on to a major supplier will be made publicly 
available. 
2.4 Transparency of interconnection arrangements  
It is ensured that a major supplier will make  publicly available either its interconnection 
agreements or a reference interconnection offer. 
2.5 Interconnection:  dispute settlement  
A service supplier requesting interconnection with a major supplier will have recourse, either:  
(a) at any time; or  
(b) after a reasonable period of time which has been made publicly known to an 
independent domestic body, which may be  a regulatory body as referred to in 
paragraph 5 below, to resolve disputes re garding appropriate te rms, conditions and 
rates for interconnection within a reasonable period of time, to the extent that these 
have not been established previously. 
3. Universal service  
Any Member has the right to define the kind of universal service obligation it wishes to 
maintain.  Such obligations will not be regard ed as anti-competitive per se, provided they are 
administered in a transparent, non-discrimin atory and competitively neutral manner and are 
not more burdensome than necessary for the kind of universal service defined by the Member.      
4. Public availability of licensing criteria  
Where a licence is required, the following w ill be made publicly available:  (a)all the 
licensing criteria and the period of time normally required to reach a decision concerning an application for a licence and (b)the terms and conditions of individual licenses.  The reasons 
for the denial of a licence will be made known to the applicant upon request. WT/ACC/SPEC/CPV/3/Rev.4 
Page 28  
 
  5. Independent regulators
 
The regulatory body is separate from, and not accountable to, any supplier of basic 
telecommunications serv ices. The decisions of a nd the procedures used by regulators shall be 
impartial with respect to all market participants. 
6. Allocation and use of scarce resources  
Any procedures for the allocation and use of s carce resources, including frequencies, numbers 
and rights of way, will be carried out in an objective, timely, transparent and non-discriminatory manner. The current state of a llocated frequency bands will be made publicly 
available, but detailed identification of freque ncies allocated for specific government uses is 
not required. 
  WT/ACC/SPEC/CPV/3/Rev.4 
 Page 29 
 
 
  NOTE TO THE SCHEDULE  
Maritime Transportation services  
Where road, rail, inland waterways [a nd] [related] [auxiliary] services ar e not otherwise fully covered in 
[this] [a Member's] schedule, a multimodal transpor t operator shall have the ability to rent or lease 
trucks, railway carriages or barges, and related equipment, for the purpose of inland forwarding of 
cargoes, or have access to, and use of, these fo rms of multimodal activiti es on reasonable and non-
discriminatory terms and conditions for the purpose of carrying out multimodal transport operations.  
["Reasonable and non-discriminato ry terms and conditions" means, for the purpose of [multimodal 
transport operations], [this additional commitment], the ability of the multi modal transport operator to 
arrange for the conveyance eof its merchandise on a timely basis, including priority over other 
merchandise which has entered the port at a later date]. 
DEFINITIONS  
[1. Without prejudice to the scope of activities which may be considered as "cabotage" under the 
relevant national legislation, this schedule does not include " mariti me cabotage services", 
which are assumed to cover transportation of pa ssengers or goods between a port located in ... 
(name of country or, for the EEC, "a Member Stat e") and another port located in ... (name of the 
country or, for the EEC, "the same Member State" ) and traffic originating and terminating in ... 
the same port located in (name of country, or for the EEC, "a Member State") provided that this 
traffic remains within ... (name of country or " this Member State")'s territo rial waters.] 
2. "Other forms of commercial presence for the supply of international maritime transport 
services" means the ability for international ma ritime transport service suppliers of other 
Members to undertake locally all activities which are necessary fo r the supply to their customers 
of a partially or fully integr ated transport service, within  which the maritime transport 
constitutes a substantial element.  (This commitm ent shall however not be construed as limiting 
in any manner the commitments undertaken under the cross-border mode of delivery). 
 These activities include, but are not limited to: 
(a) marketing and sales of maritime transport and related services through direct contact 
with customers, from quotation to invoicing, these services being those operated or 
offered by the service supplier itself or by  service suppliers with which the service 
seller has established standing business arrangements; 
(b) the acquisition, on their own account or on be half of their customers (and the resale to 
their customers)of any transport and rela ted services, including inward transport 
services by any mode, particularly inland waterways, road and rail, necessary for the 
supply of the integrated service; 
(c) the preparation of documentation concerning transport documents, customs 
documents, or other documents  related to the origin and character of the goods 
transported; 
(d) the provision of business information by any means, including computerised 
information systems and electronic data interchange (subject to the provisions of the annex on teleco mmunications); 
(e) the setting up of any business arrangements (including participation in the stock of a 
company)and the appointment of pers onnel recruited locally (or, in the case of foreign 
personnel, subject to the horizontal comm itment on movement of personnel)with any 
locally established shipping agency; WT/ACC/SPEC/CPV/3/Rev.4 
Page 30  
 
  (f) acting on behalf of the comp anies, organising the call of the ship or taking over cargoes 
when required. 
3. "Multimodal transport operator" mean s the person on whose behalf the bill of 
lading/multimodal transport doc ument, or any other document evidencing a contract of 
multimodal carriage of goods, is issued and who is responsible for the carriage of goods 
pursuant to the contract of carriage. 
4. "Maritime cargo handing services " means activities exercised by stevedore companies, 
including terminal operators, but not including th e direct activities of dockers, when this 
workforce is organised independen tly of the stevedoring or terminal operator companies.  The 
activities covered include the or ganisation and supervision of : 
- the loading/discharging of cargo to/from a ship; 
- the lashing/unlashing of cargo; 
- the reception/delivery and safekeeping of carg oes before shipment or after discharge. 
5. "Customs clearance services" (alternatively "customs house broker s' services") means activities 
consisting in carrying out on behalf of anothe r party customs formalities concerning import, 
export or through transport of cargoes, whether this  service is the main activity of the service 
provider or a usual compleme nt of its main activity. 
6. "Container station and depot services" means ac tivities consisting in storing containers, whether 
in port areas or inland, with a view to thei r stuffing/stripping, repairing and making them 
available for shipments. 
7. "Maritime agency services" means activitie s consisting in representing, within a given 
geographic area, as an agent the business interest s of one or more shipping lines or shipping 
companies, for the following purposes: 
- marketing and sales of maritime trans port and related services, from quotation to 
invoicing, and issuance of bills of lading on behalf of the companies, acquisition and resale of the necessary related services, pr eparation of documentation, and provision of 
business information; 
- acting on behalf of the companies organising the call of the ship or taking over cargoes 
when required. 
8. "Freight forwarding services" means [the ac tivity consisting of organising and monitoring 
shipment operations on behalf of shippers, through the acquisition of transport and related 
services, preparation of documentation and provision of business information]. 
 
 
_______________  
   WT/ACC/SPEC/CPV/3/Rev.4
 Page 31List of Article II (MFN) Exemptions of the Republic of Cape Verde  
 
Sector or subsector Description of measure 
indicating its inconsistency 
with Article II. Countries to which the 
measure applies. Intended duration. Conditions creating the need 
for the exemption. 
All sectors Waiver of nationality 
requirements for the exercise, in Cape Verde, of certain activities and professions by 
natural persons supplying 
services from designated countries. Countries of Portuguese 
language - Angola, Brazil, Guinea-Bissau, Mozambique, Portugal, Sao Tome & 
Principe and Timor. Subject to the duration of the 
agreement concerned. This measure reflects 
historical links between Cape Verde and these countries. 
All sectors Full national treatment is 
extended to nationals of the countries listed in column 3. Members of the Economic 
Community of West African States. Subject to the duration of the 
agreement concerned. To ensure commitments in 
the context of regional integration. 
Audiovisual services  Measures based upon co-
production agreements of audiovisual works, which 
confer national treatment to 
audiovisual works covered by such agreements. Countries with which such 
bilateral or plurilateral agreements are in force, now 
or in the future. Subject to the duration of the 
agreement concerned. The aim of these agreements 
is to promote cultural links between countries concerned. 
Audiovisual services  Measures granting the benefit 
of support programs to audiovisual works and suppliers of such works meeting certain origin 
criteria. Countries with which  
bilateral or plurilateral agreements relating to culture are in force, now or in the future. Subject to the duration of the 
agreement concerned. These measures aim at 
preserving and promoting cultural values within Cape Verde and with other countries. 
  
__________