Verde or PAICV [Jose Maria Pereira NEVES, chairman]; Democratic Alliance
for Change or ADM [Dr. Eurico MONTEIRO] (a coalition of PCD, PTS, and
UCID); Democratic Christian Party or PDC [Manuel RODRIGUES, chairman];
Democratic Renovation Party or PRD [Jacinto SANTOS, president]; Movement
for Democracy or MPD [Agostinho LOPES, president]; Party for Democratic
Convergence or PCD [Dr. Eurico MONTEIRO, president]; Party of Work and
Solidarity or PTS [Anibal MEDINA, president]; Social Democratic Party
or PSD [Joao ALEM, president]
Political pressure groups and leaders: NA
International organization participation: ACCT, ACP, AfDB, CCC, ECA,
ECOWAS, FAO, G-77, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS,
ILO, IMF, IMO, Interpol, IOC, IOM, IOM (observer), ITU, NAM, OAU,
OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WMO, WTrO
(observer)
Diplomatic representation in the US: chief of mission: Ambassador Jose
BRITO consulate(s) general: Boston FAX: [1] (202) 965-1207 telephone:
[1] (202) 965-6820 chancery: 3415 Massachusetts Avenue NW, Washington,
DC 20007
Diplomatic representation from the US: chief of mission: Ambassador
Michael D. METELITS embassy: Rua Abilio Macedo 81, Praia mailing address:
C. P. 201, Praia telephone: [238] 61 56 16 FAX: [238] 61 13 55
Flag description: three horizontal bands of light blue (top, double
width), white (with a horizontal red stripe in the middle third), and
light blue; a circle of 10 yellow five-pointed stars is centered on
the hoist end of the red stripe and extends into the upper and lower
blue bands
Economy Cape Verde
Economy - overview: Cape Verde suffers from a poor natural resource base,
including serious water shortages exacerbated by cycles of long-term
drought. The economy is service-oriented, with commerce, transport,
and public services accounting for 70% of GDP. Although nearly 70% of
the population lives in rural areas, the share of agriculture in GDP
in 2001 was only 11%, of which fishing accounts for 1.5%. About 82% of
food must be imported. The fishing potential, mostly lobster and tuna,
is not fully exploited. Cape Verde annually runs a high trade deficit,
financed by foreign aid and remittances from emigrants; remittances
supplement GDP by more than 20%. Economic reforms, launched by the new
democratic government in 1991, are aimed at developing the private sector
and attracting foreign investment to diversify the economy. Prospects
for 20
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