tion:
BIS, BSEC (observer), CERN (observer), EBRD, FAO, IADB, IAEA, IBRD,
ICAO, ICC, ICCt (signatory), ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF,
IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, OAS
(observer), OPCW (signatory), OSCE (partner), PCA, SECI (observer),
UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO,
WMO, WTO
Diplomatic representation in the US:
chief of mission: Ambassador Salai MERIDOR
chancery: 3514 International Drive NW, Washington, DC 20008
telephone: [1] (202) 364-5500
FAX: [1] (202) 364-5607
consulate(s) general: Atlanta, Boston, Chicago, Houston, Los
Angeles, Miami, New York, Philadelphia, San Francisco
Diplomatic representation from the US:
chief of mission: Ambassador James B. CUNNINGHAM
embassy: 71 Hayarkon Street, Tel Aviv 63903
mailing address: PSC 98, Box 29, APO AE 09830
telephone: [972] (3) 519-7575
FAX: [972] (3) 516-4390
consulate(s) general: Jerusalem; note - an independent US mission,
established in 1928, whose members are not accredited to a foreign
government
Flag description:
white with a blue hexagram (six-pointed linear star) known as the
Magen David (Shield of David) centered between two equal horizontal
blue bands near the top and bottom edges of the flag
Economy
Israel
Economy - overview:
Israel has a technologically advanced market economy with
substantial, though diminishing, government participation. It
depends on imports of crude oil, grains, raw materials, and military
equipment. Despite limited natural resources, Israel has intensively
developed its agricultural and industrial sectors over the past 20
years. Israel imports substantial quantities of grain but is largely
self-sufficient in other agricultural products. Cut diamonds,
high-technology equipment, and agricultural products (fruits and
vegetables) are the leading exports. Israel usually posts sizable
trade deficits, which are covered by large transfer payments from
abroad and by foreign loans. Roughly half of the government's
external debt is owed to the US, its major source of economic and
military aid. Israel's GDP, after contracting slightly in 2001 and
2002 due to the Palestinian conflict and troubles in the
high-technology sector, has grown by about 5% per year since 2003.
The economy grew an estimated 5.4% in 2007, the fastest pace since
2000. The government's prudent fiscal policy and structural reforms
over the past few years have help
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