Preparing Cape Verde for the World Trade Organization
5 Pages Posted: 10 Jan 2008
What's a small island nation like Cape Verde doing joining the World Trade Organization? With a population just short of 430,000, per capita income of $1,400, and exports totaling about $3 million annually, Cape Verde is hardly in a position to compete with perennial export giants like the United States, China, and the European Union. And yet, this small archipelago of 10 islands and eight islets located in the extension of a vast semi-arid and arid zone of the Sahel in West Africa seeks to join The Club of nations in the World Trade Organization. Cape Verde's accession to the WTO presents something of a crossroads for the international community. There are few models available because only two previous least developed countries have traveled this path. How are we to adequately integrate least developed countries into the WTO family?
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