Military expenditures - dollar figure:
$14.1 million (2004)

Military expenditures - percent of GDP:
1.5% (2004)

Transnational Issues Cape Verde

Disputes - international:
none

Illicit drugs:
used as a transshipment point for illicit drugs moving from Latin
America and Asia destined for Western Europe; the lack of a
well-developed financial system limits the country's utility as a
money-laundering center

This page was last updated on 20 October, 2005

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@Cayman Islands

Introduction Cayman Islands

Background:
The Cayman Islands were colonized from Jamaica by the British
during the 18th and 19th centuries. Administered by Jamaica since
1863, they remained a British dependency after 1962 when the former
became independent.