Cabo Verde and Luxembourg sign 4th Indicative Cooperation Programme

13 March 2015

Cabo Verde (Cape Verde) and Luxembourg Thursday signed the 4th Indicative Cooperation Programme (ICP), valued at 45 million euros, 15 million less than the previous one, according to Cape Verdean news agency Inforpress.

The agreement, which will be in place in the 2016/2020 period, was signed by the Foreign Minister of Cabo Verde, Jorge Tolentino, and Luxembourg Minister for Cooperation and Humanitarian Action, Romain Schneider, at the end of a three-day visit by Grand Duke Albert Henri of Luxembourg to Cabo Verde at the invitation of Cape Verdean President, Jorge Carlos Fonseca.

“This fourth ICP is an achievement based on a 30-year relationship between Cabo Verde and Luxembourg,” the Cabo Verde Foreign Minister told local news agency Inforpress.

The programme, according to the Cape Verdean Minister launches the two countries into “a new phase in bilateral relations,” now focusing on the economic sector, an area of interest shown by businessmen from both countries at meeting Tuesday in Praia.

The agreement was signed in Ribeira Grande on the island of Santo Antao, where cooperation between Cabo Verde and Luxembourg began, in the early 1980s. (macauhub/CV)