RESTRICTED  WORLD TRADE  
ORGANIZATION  WT/ACC/CPV/12/Rev.3 
19 October 2007 
 (07-4531) 
Working Party on the 
Accession of Cape Verde Original:   English 
 
 
 
ACCESSION OF CAPE VERDE 
 
Legislative Action Plan  
 
Revision  
  
 The following submission, dated 16 October 2007, is being circulated at the request of the 
Delegation of the Republic of Cape Verde. 
 
 
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  WT/ACC/CPV/12/Rev.3 
Page 2 Present Status and Agenda for Cape Ve rde's Law-making Process for WTO Accession  
 
No. Subject Legislation Ministry in charge Completion Date 
1. Instrument of Ratification of 
WTO Agreement Protocol of Accession Council of  Ministers will submit to the 
National Assembly when WTO approves Working Party Report Ratification projection –  
by April 2008 
2. Customs Code The Draft of new the Customs Code has been 
prepared. Provisions on Border Enforcement of 
Intellectual Property and Rules of Origin being 
added.  Code currently at Ministry of Finance Ministry of Finance 
Customs Department Approval by December 2008 
3.a 
  
 
  
3.b Arbitration and mediation Decree-Law No. 30/2005 on Creation of Mediation 
Centers and Decree Law No. 31/2005 regulating the Use of Mediation in the Resolution of Conflicts  
already published in O.B. No. 19/2005, I Series, of  
9 May 2005.  
Mediation Centers being cr eated within purview of 
Chambers of Commerce.  
Arbitration Law and Law on Arbitration Centers 
approved and published in O.B.  Decree Law No. 76/VI/2005 of 16 August 2005. 
 
Arbitration Centre being created within the purview of Chambers of Commerce. Ministry of Justice Legislation on Mediation published. 
May 2005 (Decree Law No. 31/2005) 
 
  
 
  
 
  
 
Legislation on Arbitration published August 2005 (Law No. 71/VI/2005)  
   WT/ACC/CPV/12/Rev.3
 Page 3No. Subject Legislation Ministry in charge Completion Date 
4. Commerce Legislation on  External Commerce – Law 
No. 68/2005, published in Official Bulletin 
16 January 2006  
The above-cited Law has not gone into full effect as 
implementing regulations have not been developed as required in the law and are not in conformity with 
WTO principles. Issues being proposed and discussed 
are: 
 
− Fee equalization for commercial activity 
(national treatment); 
− Minimum capital (CVE 5,000,000 being 
reduced to CVE 2,500,000, with the next stage being elimination of the minimum 
capital requirement); 
− Warehouse requirement (being eliminated) 
− Prepare implementing regulations for non-
automatic licence; 
− Determine amount physical persons can 
import without being subject to requirements 
and prepare implementing regulations. 
 
Cape Verde is prepared to make a commitment that 
its commercial regime will be brought into conformity with WTO principles by 2010. Ministry of Economy, Growth and 
Competitiveness (MEGC) 
  
MEGC and Chambers of Commerce Law on External Commerce 
published January 2006  
(Law No. 68/2005)  
December 2008 
  
 
 
 
  
 
  
 
  
 
 
 
 
 
December 2010 
5. Environmental Tax Legislation to equalize tax on environmental products 
(national treatment issue) and implementing 
regulations being worked on Ministry of Finance December  2008  
6. Investment Code  Draft of Investment Code is under preparation  to 
harmonize and actualize all the legislation related to 
Foreign Investment Ministry of Economy December  2010 
 
 
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