....Libya to open two banks in Cape Verde
Libya is to open two banks in Cape Verde following the si gning of a cooperation agreement between the two countries, the Cape Verdian Pre s ident, Pedro Pires, told PANA on Tuesday in Paris.
“Libya is a partner able to give an added value to our international cooperation. We consider this country a partner for our efforts towards development,” he said.
“The revival of our democracy will begin with the opening of two banking institutions. From that prospect, we will undertake other areas of cooperation,” president Pires said. The banks will be joint ventures between Lib ya and Cape Verde.
He referred to the recent entry of his country into the Community of Sahelo-Saha ran States (CEN-SAD), stressing that this decision was made after a long period o f thought.
“All the other states from ECOWAS (Economic Community for West African States) are already members of this organization; we also undertook to enter to particip ate in the development and security of this big space. Cape Verde has always bee n concerned about diversifying its partners,” President Pires said.