Dakar and Praia accelerate implementation of maritime corridor for economic cooperation

The mission, following a visit by the President of Senegal last year, aims to consolidate and accelerate trade between the two nations. Despite strong diplomatic ties, trade volume remains below potential, with Cape Verde importing nearly 90% of its needs, presenting significant opportunities for Senegal. The Director General of COSEC, Ndéye Rokhaya THIAM, emphasized the President's view of the Dakar-Praia corridor as a priority for transport and logistics.

During meetings with the Cape Verdean Prime Minister and various ministries, the delegation identified key obstacles: irregular maritime links, non-tariff barriers, and phytosanitary constraints. However, technical discussions revealed that standards are largely harmonized, and Senegal's expertise in demanding markets like Europe and the United States reassures Cape Verdean partners. The main challenge is logistical, with COSAMA's Director General affirming readiness to ensure smooth and predictable exchanges, including providing a vessel if administrative conditions are met.

The mission concluded with a commitment to action, including a proposal from the Cape Verdean Minister of Finance for a pilot maritime link. A joint technical team will be formed, and the Directorate General of Customs in Praia has clarified early customs clearance mechanisms and duty exemptio