Military expenditures - dollar figure:
$7.18 million (2005 est.)
Military expenditures - percent of GDP:
0.7% (2005 est.)
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 8 February, 2007
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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, and were administered by Jamaica
after 1863. In 1959, the islands became a territory within the
Federation of the West Indies, but when the Federation dissolved in
1962, the Cayman Islands chose to remain a British dependency.