RESTRICTED  WORLD TRADE  
ORGANIZATION  WT/ACC/CPV/30/Add.2 
6 December 2007 
 (07-5423) 
Working Party on the 
Accession of Cape Verde Original:   English 
 
 
 
REPORT OF THE WORKING PARTY ON 
THE ACCESSION OF CAPE VERDE 
 
Addendum  
 
Part II – Schedule of Specific Commitments in Services 
List of Article II MFN Exemptions 
 
 As indicated in paragraph 270 of the Repor t of the Working Party on the Accession of 
Cape Verde (WT/ACC/CPV/30), the Schedule of Specific Commitments in Services resulting from the 
negotiations between the Re public of Cape Verde and WTO Members is annexed to the draft Protocol 
of Accession of Cape Verde a nd is reproduced hereunder. 
 
_______________ 
  
  WT/ACC/CPV/30/Add.2 
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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) 
  Land Ownership 
 Foreigners might be limited to the right to 
lease only, but not to own land in 
Cape Verde.   
  (3) None, except foreign firms may be 
required to train and upgrade the 
technical and management skills of 
local employees. 
 
 Eligibility for subsidies may be 
limited to Cape Verdean service 
suppliers, i.e. to juridical persons 
established within the territory of 
Cape Verde.  
 (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    
   WT/ACC/CPV/30/Add.2
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engaged in making direct sales to the 
general public.  
Entry for Business Visitors is limited to  
90 days in any 12 months. 
 - 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 employer, 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.    
  WT/ACC/CPV/30/Add.2 
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Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
 - Executives  
 
Persons within the organization who 
primarily direct the management of 
the organization, establish the goals and policies of the organization or a 
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 1 year, 
renewable annually for up to 5 years, except for ICTs working on information 
systems or communication system who 
are limited to 4 years.    
   WT/ACC/CPV/30/Add.2
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 - 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 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 1 year, renewable annually for up to 5 years.    
  WT/ACC/CPV/30/Add.2 
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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*) consultancy on the law 
of jurisdiction where service supplier 
is qualified as a lawyer and on 
international law. (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 only through 
incorporation in Cape Verde with 
maximum foreign equity capital of 51%.   Within 5 years of accession, 
100% foreign ownership will be 
allowed 
(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, except only through 
incorporation in Cape Verde with 
maximum foreign equity capital of 
65%.   Within 5 years of accession, 100% foreign ownership will be 
allowed 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None  
 
  
 
(4) Unbound, except as indicated under 
Horizontal Commitments   
   WT/ACC/CPV/30/Add.2
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(e) Engineering services 
 (CPC 8672) (f) Integrated engineering services for 
 other turnkey projects 
 (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  
(g) Urban planning and landscape 
architectural services 
 (CPC 8674) (1) None, except registration with the 
 Cape Verdean Architectural Order 
 required 
(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 
Computer and related services (CPC 84) (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/CPV/30/Add.2 
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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) None 
(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) None 
(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) None 
(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) 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) On a fee or contract basis 
 (CPC 822) (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/CPV/30/Add.2
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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) (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 
- Arbitration and conciliation 
 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  
(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   
  WT/ACC/CPV/30/Add.2 
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(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  
(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) 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  
(g) Services incidental to fishing 
 (CPC 882) (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  
(h) Services incidental to mining 
 (CPC 883) (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  
(i) Services incidental to manufacturing 
 (CPC 884) (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  
(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   
   WT/ACC/CPV/30/Add.2
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(n) Maintenance and repair of 
equipment, excluding maritime vessels, aircraft or other transport 
equipment 
 (CPC 633, 8860-8866) (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  
(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, except as indicated under 
Horizontal Commitments (1) None 
(2) None (3) None 
(4) Unbound, except as indicated under 
Horizontal Commitments   
  WT/ACC/CPV/30/Add.2 
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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 "Marke t Access Limitations on Spect rum 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. 
- International voice and data 
transmission services 
 - Domestic and national long-distance 
voice services: 
 - on a fixed-line facilities-basis  - for public use (1), (2), (3)  Unbound until 
31 December 2011, thereafter:  None 
 (4) Unbound, except as indicated in the 
Horizontal Commitments (1) None 
(2) None 
(3) None (4) Unbound, except as indicated in the 
Horizontal Commitments  
- Domestic and national long distance 
data services: 
 - on a fixed-line facilities-basis 
 - for public use (1) Unbound until 31  December 2011, 
thereafter:  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  
- 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   
   WT/ACC/CPV/30/Add.2
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- 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 until 31  December 2011, 
thereafter:  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  
- 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 until 31  December 2011, 
thereafter:  None 
(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) None 
 
(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/CPV/30/Add.2 
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Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
D. Audiovisual  Services 
(a) Motion picture and video tape 
distribution services (CPC 9611**)1 
 
(b) Radio and television distribution 
services (CPC 9613**)2  
 
(c) Sound recording services (n.a.) 
         Broadcasting services, as well as 
measures regarding origin of 
audiovisual works related to access to broadcast transmission, are 
specifically excluded for all listed 
sub-sectors. (1), (2) and (3) None  
  
 
  
 
(4) Unbound, except as indicated under 
Horizontal Commitments (1), (2) and (3) None, except unbound for 
support programmes 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  
                                                      
1 For the purpose of this commitment, distribution means licensing of motion pictures or videotapes. 
2 For the purpose of this commitment, distribution means licensing of radio and television programmes.  
   WT/ACC/CPV/30/Add.2
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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/CPV/30/Add.2 
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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 branches for committ ed sub-sectors in insurance, banking and securities within 10 years from the date of Cape Verde's 
accession to the WTO.  
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 commercial presence 
must take form of limited liability company, or as provided for in the 
financial services headnote 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None 
  
 
(4) Unbound, except as indicated under 
Horizontal Commitments   
   WT/ACC/CPV/30/Add.2
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(ii) Reinsurance and retrocession (1) None 
(2) None (3) None, except commercial presence 
must take form of limited liability 
company, or as provided for in the financial services headnote 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None (3) None 
 
  
(4) Unbound, except as indicated under 
Horizontal Commitments  
(iii) Insurance intermediation, such as 
brokerage and agency (1) Unbound, except for reinsurance 
where:  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  
(iv) Services auxiliary to insurance, such 
as consultancy, actuarial risk assessment and claim settlement 
services (1) None 
(2) None (3) None, except commercial presence 
must take form of limited liability 
company, or as provided for in the 
financial services headnote 
(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 (1) Unbound 
(2) None 
(3) None, except commercial presence 
must take the form of a limited 
liability company, or as provided for 
in the financial services headnote 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None 
(3) None  
 
 (4) Unbound, except as indicated under 
Horizontal Commitments   
  WT/ACC/CPV/30/Add.2 
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Sector or sub-sector Limitations on market access Limitations on nati onal treatment Additional commitments 
exchange, in an over-the-counter 
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/CPV/30/Add.2
 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 
(xv) Provision and transfer of financial 
information, and financial data processing and related software by 
suppliers of other financial services  
(xvi) 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 (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 optionally 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/CPV/30/Add.2 
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 
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% or 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 3 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/CPV/30/Add.2
 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 
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  
(a)  Cinema theatre operation services  
 (part of CPC 96199) 
 
 (1) Unbound 
(2) None 
(3) None 
  
 
 
 
 (4) Unbound, except as indicated under 
Horizontal Commitments (1) Unbound 
(2) Unbound 
(3) None, except unbound for support 
programmes established to preserve or promote the cultural identity of 
Cape Verde and of countries with 
which Cape Verde has bilateral or 
plurilateral agreements now or in the 
future 
(4) Unbound, except as indicated under 
Horizontal Commitments  
11. TRANSPORT SERVICES 
International maritime transport  
- passenger and freight  (CPC 7211, 7212) 
 except cabotage transport (1) None 
(2) None (3) 50% of the entire staff must be 
Cape Verdean citi zens, in both 
professional and non professional.  Vessel must be registered 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 
 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  
  WT/ACC/CPV/30/Add.2 
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 
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 
 Possible adoption of a Reference Paper, or 
part thereof will be considered after the 
conclusion of the Doha Round.  
Maritime Auxiliary Services - Maritime Cargo Handling Services  
 (1) Unbound
, except for - no limitation 
on transhipment (board to board or 
via the quay) and/or on the use of on-
board cargo handling equipment 
(2) None 
(3) 50% of the entire staff must be 
Cape Verdean citi zens, in both 
professional and non professional.  
Vessel must be registered in 
Cape Verde  
(4) Unbound, except as indicated under 
Horizontal Commitments  (1) Unbound, except for - no limitation 
on transhipment (board to board or 
via the quay) and/or on the use of on-
board cargo handling equipment 
(2) None 
(3) None 
 
 
  
(4) Unbound, except as indicated under 
Horizontal Commitments   
Storage and Warehousing Services  
(CPC 742) (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   
Customs Clearance Services (1) Unbound 
(2) None 
(3) Unbound (4) Unbound, except as indicated under 
Horizontal Commitments  (1) Unbound 
(2) None 
(3) Unbound (4) Unbound, except as indicated under 
Horizontal Commitments    
   WT/ACC/CPV/30/Add.2
 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 
Container Station and Depot Services (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   
Maritime Agency Services (1) None 
(2) None 
(3) None, except 50% of the entire staff 
must be Cape Verdean citizens, in both professional and non 
professional.  
(4) Unbound, except as indicated under 
Horizontal Commitments  (1) None 
(2) None 
(3) None 
  
 
(4) Unbound, except as indicated under 
Horizontal Commitments   
Maritime Freight Forwarding Services (1) None 
(2) None 
(3) None, except 50% of the entire staff 
must be Cape Verdean citizens, in 
both professional and non 
professional.  
(4) Unbound, except as indicated under 
Horizontal Commitments  (1) None 
(2) None 
(3) None  
 
 
(4) Unbound, except as indicated under 
Horizontal Commitments   
Rental of boats and ships  
(CPC 83103) (1) None 
(2) None 
(3) None, except 50% of the entire staff 
must be Cape Verdean citizens, in both professional and non 
professional.  Vessel must be 
registered 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  
Supporting services for maritime transport 
(CPC 745)  
 (1) None 
(2) None (3) Unbound 
(4) Unbound, except as indicated under 
Horizontal Commitments (1) None 
(2) None (3) Unbound 
(4) Unbound, except as indicated under 
Horizontal Commitments   
  WT/ACC/CPV/30/Add.2 
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 
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/CPV/30/Add.2 
 Page 25 
 
 
  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 releva nt 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. 
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 less favourable than that provided for its WT/ACC/CPV/30/Add.2 
Page 26  
 
  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 ar e 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 will 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. 
5. Independent regulators
 
The regulatory body is separate from, and not accountable to, any supplier of basic 
telecommunications services. The decisions of and the procedures used by regulators shall be 
impartial with respect to all market participants.  WT/ACC/CPV/30/Add.2 
 Page 27 
 
 
  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/CPV/30/Add.2 
Page 28  
 
  NOTE TO THE SCHEDULE - Maritime Transportation Services
 
 
Where road, rail, inland waterways and relate d auxiliary services are not otherwise fully 
covered in this schedule, a multimodal transport opera tor shall have the ability to rent or lease trucks, 
railway carriages or barges, and re lated equipment, for the purpose of inland forwarding of cargoes, or 
have access to, and use of, these forms of multi modal activities on reasonabl e and non-discriminatory 
terms and conditions for the purpose of carrying out multimodal transport operations.  "Reasonable 
and non-discriminatory terms and conditions" m eans, for the purpose of multimodal transport 
operations the ability of the multimodal transport operator to arrange for the conveyance of its 
merchandise on a timely basis, including priority ove r 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 "maritime cabot age services", which are 
assumed to cover transportation of  passengers or goods between a port located in Cape Verde and 
another port located in Cape Verde and traffic originating and terminating in the same port located in 
Cape Verde provided that this traffic remains within Cape Verde's territorial waters.   
 2. "Other forms of commercial presence for the supply of international maritime transport services" means the ability for international maritime  transport service suppli ers of other Members to 
undertake locally all activities which are necessary fo r the supply to their cust omers of a partially or 
fully integrated transport service, within which the maritime transport constitutes a substantial element.  
(This commitment shall however not be construe d 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 thr ough direct contact with 
customers, from quotation to invoicing, these serv ices being those operated or offered by the 
service supplier itself or by se rvice suppliers with which the service seller has established 
standing business  arrangements; 
(b)  the acquisition, on their own account or on beha lf of their customers (and the resale to their 
customers) of any transport and related servic es, including inward transport services by any 
mode, particularly inland waterways, road and rail, necessary for the supply of the integrated 
services; 
(c)  the preparation of documentation concerning transport documents, customs documents, or 
other documents rela ted to the origin and charac ter of the goods transported; 
(d)  the provision of business information by any means, including computerised information 
systems and electronic data in terchange (subject to the provisions of the annex on 
telecommunications); 
(e)  the setting up of any business arrangements (including participat ion in the stock of a company) 
and the appointment of personnel re cruited locally (or, in the case  of foreign personnel, subject 
to the horizontal commitment on movement of  personnel) with any locally established 
shipping agency; 
(f)  acting on behalf of the companies, organisi ng 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 document, or any othe r 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.  WT/ACC/CPV/30/Add.2 
 Page 29 
 
 
  4. "Maritime cargo handing services" means ac tivities exercised by stevedore companies, 
including terminal operators, but not including the di rect activities of dockers, when this workforce is 
organised independently of the stev edoring or terminal operator companies.  The activities covered 
include the organisation and supervision of :  
-  the loading/discharging of cargo to/from a ship; 
-  the lashing/unlashing of cargo; -  the reception/delivery and safekeeping of cargoes before shipment or after discharge. 
 5. "Customs clearance services" (alternatively "customs house broker s' services") means activities 
consisting in carrying out on behalf of another part y customs formalities concerning import, export or 
through transport of cargoes, whether this service is the main activity of the service provider or a usual 
complement 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 their stuf fing/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 interests of  one or more shipping lines or shipping companies, 
for the following purposes: 
 
-  marketing and sales of mar itime transport and related serv ices, from quotation to invoicing, 
and issuance of bills of lading on behalf of the companies, acquisition and resale of the 
necessary related services, preparation of  documentation, and provision of business 
information; 
-  acting on behalf of the companies organising th e call of the ship or taking over cargoes when 
required. 
 8. "Freight forwarding services" means the acti vity consisting of organising and monitoring 
shipment operations on behalf of shippers, through the acquisition of transport and related services, 
preparation of documentation and pr ovision of business information. 
 
_______________ 
 
 
  
  WT/ACC/CPV/30/Add.2 
Page 30 List of Article II (MFN) Exemptions of the Republic of Cape Verde  
 
Sector or sub-sector 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 
and 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. 
 Indefinite.  The aim of these agreements is 
to promote cultural links 
between the countries concerned.  
Audiovisual services  
 Measures granting the benefit of support 
programmes to audiovisual works, and 
suppliers of such wo rks meeting certain 
origin criteria.  Countries with which bilateral or 
plurilateral agreements are in force, 
now or in the future, in the area of cultural co-operation. 
 Indefinite.  These programmes aim at 
preserving and promoting the 
cultural identity of countries with which Cape Verde has a 
long-standing cultural links . 
 
Audiovisual services 
 Measures which extend National Treatment 
to audiovisual works which meet certain 
origin criteria regarding access to  
broadcasting transmission.  Countries with which bilateral or plurilateral agreements are in force, 
now or in the future, in the area of 
cultural co-operation.
 Indefinite.  These measures aim, within the sector, to promote cultural 
values both within Cape Verde, 
and with other countries, including in the region.
 
 
__________