Cape Verde seeks new cooperation with Brazil

Cape Verde is exploring new areas of collaboration with Brazil, focusing on customs modernization, technology transfer, and enhancing technical capabilities. The discussions took place during a meeting between a Cape Verdean delegation and Mathias de Alencastro, Brazil's secretary for International Affairs at the Ministry of Finance.

Meeting during IMF and World Bank events

The talks occurred on the sidelines of the annual meetings of the International Monetary Fund (IMF) and the World Bank, held in Bangkok, Thailand, from October 12 to 18, 2026. The discussions aimed to strengthen technical and institutional capacities and modernize procedures for both countries.

Emphasis on technical and knowledge sharing

The exchanges highlighted the importance of technical assistance and knowledge transfer in developing cooperation between Cape Verde and Brazil. The Cape Verdean government noted that this approach builds on historical and cultural ties while seeking concrete initiatives in economic and institutional cooperation.

Customs efficiency a key challenge

For Cape Verde, an archipelago that relies heavily on imports, improving customs procedures is a significant challenge for facilitating trade and increasing public revenues. The country has already implemented several measures to simplify import, export, and transit procedures.

Customs improvements and revenue growth

Among these measures are the use of the SYDONIA World computer system for customs clearance, the implementation of the Single Port Office (JUP), and the electronic payment of customs duties and taxes. In 2025, customs revenues reached 31.014 billion Cape Verdean escudos, a 12.5% increase compared to 2024.

Cooperation potential in customs and agriculture

Cooperation with Brazil could lead to training for customs agents, sharing expertise in goods inspection, interconnecting digital systems, and improving customs clearance. In agriculture, Cape Verde faces challenges like weak rainfall, droughts, and limited arable land, leading to heavy reliance on food imports.

Agricultural cooperation with Brazil

According to the United Nations Food and Agriculture Organization (FAO), more than 80% of Cape Verde's food is imported by sea. Cooperation with Brazil could help transfer agricultural knowledge, technologies, and develop irrigation techniques suited to Cape Verde's climate.