For Immediate Release
Office of the Press Secretary
July 5, 2005

Statement on Cape Verde Signing Millennium Challenge Corporation Compact

Yesterday afternoon, on the eve of the thirtieth anniversary of its independence, Cape Verde became the second African country to sign a Compact with the Millennium Challenge Corporation (MCC). The United States congratulates the Government of Cape Verde for its hard work with the Millennium Challenge Corporation to develop this $110 million program to improve transportation, agricultural productivity, and private sector development, and for its commitment to ruling justly, investing in its people, and promoting economic freedom.

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