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evgeniy ZHOVTIS, executive director]; Pan-National Social Democratic Party of Kazakhstan [Zharmakhan TUYAKBAI]; Pensioners Movement or Pokoleniye [Irina SAVOSTINA, chairwoman]; Republican Network of International Monitors [Dos KUSHIM]; Transparency International [Sergei ZLOTNIKOV] International organization participation: ADB, CIS, CSTO, EAEC, EAPC, EBRD, ECO, FAO, GCTU, IAEA, IBRD, ICAO, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, MIGA, NAM (observer), NSG, OAS (observer), OIC, OPCW, OSCE, PFP, SCO, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO (observer) Diplomatic representation in the US: chief of mission: Ambassador Yerlan IDRISOV chancery: 1401 16th Street NW, Washington, DC 20036 telephone: [1] (202) 232-5488 FAX: [1] (202) 232-5845 consulate(s): New York Diplomatic representation from the US: chief of mission: Ambassador Richard E. HOAGLAND embassy: Ak Bulak 4, Str. 23-22, Building #3, Astana 010010 mailing address: use embassy street address telephone: [7] (7172) 70-21-00 FAX: [7] (7172) 34-08-90 Flag description: sky blue background representing the endless sky and a gold sun with 32 rays above a soaring golden steppe eagle in the center; on the hoist side is a "national ornamentation" in gold Economy Kazakhstan Economy - overview: Kazakhstan, the largest of the former Soviet republics in territory, excluding Russia, possesses enormous fossil fuel reserves and plentiful supplies of other minerals and metals. It also has a large agricultural sector featuring livestock and grain. Kazakhstan's industrial sector rests on the extraction and processing of these natural resources. The breakup of the USSR in December 1991 and the collapse in demand for Kazakhstan's traditional heavy industry products resulted in a short-term contraction of the economy, with the steepest annual decline occurring in 1994. In 1995-97, the pace of the government program of economic reform and privatization quickened, resulting in a substantial shifting of assets into the private sector. Kazakhstan enjoyed double-digit growth in 2000-01 - 8% or more per year in 2002-07 - thanks largely to its booming energy sector, but also to economic reform, good harvests, and foreign investment. Inflation, however, jumped to more than 10% in 2007. In the energy sector, the opening of the Caspian Consortium pipeline in 2001, from wester
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