African Party for the Independence of Cape Verde a guerrilla warfare campaign in cooperation with its fraternal party umbrella group, the CONCP, during the Portuguese Colonial War. By 1973 the PAIGC controlled Guinea-Bissau, while Portugal's own Carnation Revolution in 1974 effectively dissolved the empire, relinquishing Cape Verde within the next year. After the wars of national liberation, the PAIGC established a socialist state within both territories under Amilcar Cabral's brother, Luís Cabral. Following a military coup in Guinea-Bissau that ousted Cabral in November 1980, the Cape Verde portion of the party became the PAICV in January 1981; it was headed by the President of Cape Verde, Aristides Pereira.
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.