ANHUYAG]; Mongolian People's
Revolutionary Party or MPRP [Sanji BAYAR]
Political pressure groups and leaders:
other: human rights groups; women's groups
International organization participation:
ADB, ARF, CP, EBRD, FAO, G-77, IAEA, IBRD, ICAO, ICCt, ICRM, IDA,
IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITSO,
ITU, ITUC, MIGA, MINURSO, MONUC, NAM, OPCW, OSCE (partner), SCO
(observer), UN, UNCTAD, UNESCO, UNIDO, UNMIL, UNMIS, UNOMIG, UNWTO,
UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in the US:
chief of mission: Ambassador Khasbazaryn BEKHBAT
chancery: 2833 M Street NW, Washington, DC 20007
telephone: [1] (202) 333-7117
FAX: [1] (202) 298-9227
Diplomatic representation from the US:
chief of mission: Ambassador Mark C. MINTON
embassy: Big Ring Road, 11th Micro Region, Ulaanbaatar
mailing address: PSC 461, Box 300, FPO AP 96521-0002; P.O. Box 1021,
Ulaanbaatar-13
telephone: [976] (11) 329-095
FAX: [976] (11) 320-776
Flag description:
three equal, vertical bands of red (hoist side), blue, and red;
centered on the hoist-side red band in yellow is the national emblem
("soyombo" - a columnar arrangement of abstract and geometric
representation for fire, sun, moon, earth, water, and the yin-yang
symbol)
Economy
Mongolia
Economy - overview:
Economic activity in Mongolia has traditionally been based on
herding and agriculture. Mongolia has extensive mineral deposits.
Copper, coal, gold, molybdenum, fluorspar, uranium, tin, and
tungsten account for a large part of industrial production and
foreign direct investment. Soviet assistance, at its height
one-third of GDP, disappeared almost overnight in 1990 and 1991 at
the time of the dismantlement of the USSR. The following decade saw
Mongolia endure both deep recession because of political inaction
and natural disasters, as well as economic growth because of
reform-embracing, free-market economics and extensive privatization
of the formerly state-run economy. Severe winters and summer
droughts in 2000-02 resulted in massive livestock die-off and zero
or negative GDP growth. This was compounded by falling prices for
Mongolia's primary sector exports and widespread opposition to
privatization. Growth was 10.6% in 2004, 5.5% in 2005, 7.5% in 2006,
and 9.9% in 2007 largely because of high copper prices and new gold
production. Mongolia is experiencing its highest inflation rate in
over a decade as co
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