Cape Verde economic performance was bolstered by one of the fastest growing tourism industries in the world, as well as by substantial capital inflows that allowed Cape Verde to build up national currency reserves to the current 3.5 months of imports. Unemployment has been falling rapidly, and the country is on track to achieve most of the UN Millennium Development Goals – including halving its 1990 poverty level. In 2007, Cape Verde joined the World Trade Organization (WTO) and in 2008 the country graduated from Least Developed Country (LDC) to Middle Income Country (MIC) status. Cape Verde has significant cooperation with Portugal
Cape Verde–Guinea-Bissau relations Residentes em Cabo Verde. Despite their shared language and culture, immigrants from Guinea-Bissau are often viewed as "manjacos", a derogatory term used for people from mainland Africa and the legalisation of Guinea-Bissauans in Cape Verde has been long delayed. Cape Verde–Guinea-Bissau relations Cape Verde–Guinea Bissau relations refers to the bilateral relationship between the Republic of Cape Verde (Cabo Verde) and the Republic of Guinea-Bissau. Cape Verde is an island country about 900 km north-west of Guinea-Bissau, a coastal West African country. Both were colonies of the Portuguese Empire and they campaigned together for independence with a plan for unification, but