Congress for New Politics or
NCNP was renamed the Millennium Democratic Party or MDP

Political pressure groups and leaders: Federation of Korean
Industries; Federation of Korean Trade Unions; Korean Confederation
of Trade Unions; Korean National Council of Churches; Korean Traders
Association; Korean Veterans' Association; National Council of Labor
Unions; National Democratic Alliance of Korea; National Federation
of Farmers' Associations; National Federation of Student Associations

International organization participation: AfDB, APEC, ARF (dialogue
partner), AsDB, ASEAN (dialogue partner), Australia Group, BIS, CCC,
CP, EBRD, ESCAP, FAO, G-77, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA,
IEA (observer), IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat,
Intelsat, Interpol, IOC, IOM, ISO, ITU, MINURSO, NAM (guest), NEA,
NSG, OAS (observer), OECD, OPCW, OSCE (partner), PCA, UN, UNCTAD,
UNESCO, UNHCR, UNIDO, UNMOGIP, UNOMIG, UNTAET, UNU, UPU, WHO, WIPO,
WMO, WToO, WTrO, ZC

Diplomatic representation in the US: chief of mission: Ambassador
YANG Song-chol

chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008

telephone: [1] (202) 939-5600

FAX: [1] (202) 387-0205

consulate(s) general: Anchorage, Atlanta, Boston, Chicago,
Honolulu, Houston, Los Angeles, Miami, New York, San Francisco, and
Seattle

consulate(s): Hagatna (Guam)

Diplomatic representation from the US: chief of mission: Ambassador
(vacant)

embassy: 82 Sejong-ro, Chongro-ku, Seoul 110-710

mailing address: American Embassy, Unit 15550, APO AP 96205-0001

telephone: [82] (2) 397-4114

FAX: [82] (2) 738-8845

Flag description: white with a red (top) and blue yin-yang symbol in
the center; there is a different black trigram from the ancient I
Ching (Book of Changes) in each corner of the white field

Korea, South Economy

Economy - overview: As one of the Four Dragons of East Asia, South
Korea has achieved an incredible record of growth. Three decades ago
GDP per capita was comparable with levels in the poorer countries of
Africa and Asia. Today its GDP per capita is seven times India's, 16
times North Korea's, and comparable to the lesser economies of the
European Union. This success through the late 1980s was achieved by
a system of close government/business ties, including directed
credit, import restrictions, sponsorship of specific industries, and
a strong labor effort. The government promoted the import of raw
mate