Cape Verde negotiates payment of ECOWAS debt

12 January 2006

Cidade da Praia, Cape Verde, 12 Jan – The Cape Verde government will negotiate the repayment of the islands’ debt to the Economic Community of West African States (ECOWAS) at the bloc’s annual summit on Thursday, officials said.

The Cape Verdean delegation to the ECOWAS meeting in Niamey, the capital of Niger, will propose a schedule for Praia’s outstanding debts to the West African bloc.

Foreign Minister Victor Borges is not attending the summit due to the Cape Verde visit of his Chinese counterpart, said a Praia official.

Created in 1975 to promote regional integration, ECOWAS members are Benin, Burkina Faso, Cape Verde, Ivory Coast, Gambia, Ghana, Guinea-Bissau, Guinea, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo. (macauhub)