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Verde or PAICV [Jose Maria Pereira NEVES, chairman]; Democratic Alliance for Change or ADM [Dr. Eurico MONTEIRO] (a coalition of PCD, PTS, and UCID); Democratic Christian Party or PDC [Manuel RODRIGUES, chairman]; Democratic Renovation Party or PRD [Jacinto SANTOS, president]; Movement for Democracy or MPD [Agostinho LOPES, president]; Party for Democratic Convergence or PCD [Dr. Eurico MONTEIRO, president]; Party of Work and Solidarity or PTS [Anibal MEDINA, president]; Social Democratic Party or PSD [Joao ALEM, president] Political pressure groups and leaders: NA International organization participation: ACCT, ACP, AfDB, CCC, ECA, ECOWAS, FAO, G-77, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IOM (observer), ITU, NAM, OAU, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WMO, WTrO (observer) Diplomatic representation in the US: chief of mission: Ambassador Jose BRITO consulate(s) general: Boston FAX: [1] (202) 965-1207 telephone: [1] (202) 965-6820 chancery: 3415 Massachusetts Avenue NW, Washington, DC 20007 Diplomatic representation from the US: chief of mission: Ambassador Michael D. METELITS embassy: Rua Abilio Macedo 81, Praia mailing address: C. P. 201, Praia telephone: [238] 61 56 16 FAX: [238] 61 13 55 Flag description: three horizontal bands of light blue (top, double width), white (with a horizontal red stripe in the middle third), and light blue; a circle of 10 yellow five-pointed stars is centered on the hoist end of the red stripe and extends into the upper and lower blue bands Economy Cape Verde Economy - overview: Cape Verde suffers from a poor natural resource base, including serious water shortages exacerbated by cycles of long-term drought. The economy is service-oriented, with commerce, transport, and public services accounting for 70% of GDP. Although nearly 70% of the population lives in rural areas, the share of agriculture in GDP in 2001 was only 11%, of which fishing accounts for 1.5%. About 82% of food must be imported. The fishing potential, mostly lobster and tuna, is not fully exploited. Cape Verde annually runs a high trade deficit, financed by foreign aid and remittances from emigrants; remittances supplement GDP by more than 20%. Economic reforms, launched by the new democratic government in 1991, are aimed at developing the private sector and attracting foreign investment to diversify the economy. Prospects for 20
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