History of Cape Verde return, Portugal signed the 1975 Algiers Agreement. On July 5, at Praia, Portugal's Prime Minister Vasco Goncalves turned over power to National Assembly President Abilio Duarte, thus the colonial history of Cape Verde ended when Cape Verde become independent. However, there was no armed conflict in Cape Verde and ultimately independence for Cape Verde resulted from negotiation with Portugal. However, the catalyst for the independence of Cape Verde was the PAIGC branch in Guinea-Bissau, which launched an ultimately successful war against the Portuguese in Guinea-Bissau, who eventually compelled Portugal to accept independence for Cape Verde. Immediately following a November 1980
Economy of Cape Verde are paved. The new Praia International Airport is currently operative. Cape Verde is considered a developing country, and is included on the list of the United Nations Small Island Developing States. In 2007 the United Nations graduated Cape Verde from the category of Least Developed Countries, only the second time this has happened to a country. On December 18, 2007, the General Council of the World Trade Organization approved a package for the accession of Cape Verde to the WTO. Accession was effective on July 23, 2008, 30 days after ratification by Cape Verde, which took place on 23 June.