Cape Verde–European Union relations geographically in Asia, has already joined both the Council of Europe and the EU. Furthermore, the Cape Verde islands are part of the same island group as the Canary Islands (part of Spain), Madeira Islands (part of Portugal) and Azores Islands (part of Portugal), known as Macaronesia. There is currently no political recognition by the EU of Cape Verde as a European state, but unlike in the case of Morocco, there is no formal rejection either. Complementing Cape Verde's efforts to join the EU, the Macaronesian group of islands (the Azores, Madeira, and the Canary Islands) are throwing their support
Economy of Cape Verde strengthen multilateral trading system. Being part of the WTO will enable Cape Verde to continue its integration into the world economy." The following table shows the main economic indicators in 1980–2017. Economy of Cape Verde Cape Verde is a small archipelagic nation that lacks resources and has experienced severe droughts. Agriculture is made difficult by lack of rain and is restricted to only four islands for most of the year. Most of the nation's GDP comes from the service industry. Cape Verde's economy has been steadily growing since the late 1990s, and it is now officially considered a country of