V.  Marketing U.S. Products

 Although there are no official commercial contracts with
 American enterprises yet, there is a great demand for
 American goods and services.  U.S. Products have reached
 the Capeverdean market either through bilateral cooperation
 projects, or informally through the Capeverdean community
 in the U.S. (New England mainly).  There is one experience
 of a local businessman who, together with relatives
 residing in the U.S. have created an import/export company
 which has been supplying irregularly the local market with
 American products, namely foodstuffs.

 Distribution and marketing facilities are not yet fully
 developed, but a limited number of agents do currently
 conduct business with foreign firms.  However,
 opportunities do exist for companies willing to develop
 their own marketing, distribution and maintenance networks.
 Branches of foreign companies may not be established until
 they are registered with the registrar of companies.
 Joint ventures are allowed and encouraged in many sectors,
 namely in the fisheries, airline business and
 telecommunications.