Cape Verde member of World Trade Organization
Cape Verde has significant cooperation with Portugal at every level of the economy, which has led it to link its currency first to the Portuguese escudo and, in 1999, to the euro. On 23 June 2008 Cape Verde became the 153rd member of the WTO.In early January 2018, the government announced that the minimum wage would be raised to 13,000 CVE (US$140 or EUR 130) per month, from 11,000 CVE, which was effective in mid-January 2018.
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