has existed more closely resembles factions or
interest groups because they do not have party headquarters, formal
platforms, or party structures; the following two "groupings" have
competed in legislative balloting in recent years - Aelon Kein Ad
Party [Michael KABUA] and United Democratic Party or UDP [Litokwa
TOMEING]
Political pressure groups and leaders:
NA
International organization participation:
ACP, ADB, FAO, G-77, IAEA, IBRD, ICAO, ICCt, IDA, IFC, ILO, IMF,
IMO, IMSO, Interpol, IOC, ITU, OPCW, PIF, Sparteca, SPC, UN, UNCTAD,
UNESCO, WHO
Diplomatic representation in the US:
chief of mission: Ambassador (vacant); Charge d'Affaires Charles A.
PAUL
chancery: 2433 Massachusetts Avenue NW, Washington, DC 20008
telephone: [1] (202) 234-5414
FAX: [1] (202) 232-3236
consulate(s) general: Honolulu
Diplomatic representation from the US:
chief of mission: Ambassador Clyde BISHOP
embassy: Oceanside, Mejen Weto, Long Island, Majuro
mailing address: P. O. Box 1379, Majuro, Republic of the Marshall
Islands 96960-1379
telephone: [692] 247-4011
FAX: [692] 247-4012
Flag description:
blue with two stripes radiating from the lower hoist-side corner -
orange (top) and white; there is a white star with four large rays
and 20 small rays on the hoist side above the two stripes
Economy
Marshall Islands
Economy - overview:
US Government assistance is the mainstay of this tiny island
economy. The Marshall Islands received more than $1 billion in aid
from the US from 1986-2002. Agricultural production, primarily
subsistence, is concentrated on small farms; the most important
commercial crops are coconuts and breadfruit. Small-scale industry
is limited to handicrafts, tuna processing, and copra. The tourist
industry, now a small source of foreign exchange employing less than
10% of the labor force, remains the best hope for future added
income. The islands have few natural resources, and imports far
exceed exports. Under the terms of the Amended Compact of Free
Association, the US will provide millions of dollars per year to the
Marshall Islands (RMI) through 2023, at which time a Trust Fund made
up of US and RMI contributions will begin perpetual annual payouts.
Government downsizing, drought, a drop in construction, the decline
in tourism, and less income from the renewal of fishing vessel
licenses have held GDP growth to an average of 1% over the past
decade.
GDP (purchasing po
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