F, CPLP, FAO, G-77, IBRD, ICAO, ICCt, IDA, IFAD, IFC,
IFRCS, ILO, IMF, IMO, Interpol, IOC, IPU, MIGA, NAM, OPCW, PIF
(observer), UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU,
WCO, WFTU, WHO

Diplomatic representation in the US:

chief of mission: Ambassador (vacant); Charge d'Affaires Jorge CAMEO
chancery: 4201 Connecticut Avenue NW, Suite 504,Washington, DC 20008
telephone: [1] (202) 966-3202
FAX: [1] (202) 966-3205
consulate(s) general: New York

Diplomatic representation from the US:

chief of mission: Ambassador Hans G. KLEMM
embassy: Avenida de Portugal, Praia dos Conqueiros, Dili
mailing address: US Department of State, 8250 Dili Place,
Washington, DC 20521-8250
telephone: (670) 332-4684
FAX: (670) 331-3206

Flag description:

red, with a black isosceles triangle (based on the hoist side)
superimposed on a slightly longer yellow arrowhead that extends to
the center of the flag; a white star is in the center of the black
triangle

Economy
Timor-Leste

Economy - overview:

In late 1999, about 70% of the economic infrastructure of
Timor-Leste was laid waste by Indonesian troops and
anti-independence militias. Three hundred thousand people fled
westward. Over the next three years a massive international program,
manned by 5,000 peacekeepers (8,000 at peak) and 1,300 police
officers, led to substantial reconstruction in both urban and rural
areas. By the end of 2005, refugees had returned or had settled in
Indonesia. The country continues to face great challenges in
rebuilding its infrastructure, strengthening the civil
administration, and generating jobs for young people entering the
work force. The development of oil and gas resources in offshore
waters has begun to supplement government revenues ahead of schedule
and above expectations - the result of high petroleum prices. The
technology-intensive industry, however, has done little to create
jobs for the unemployed because there are no production facilities
in Timor. Gas is piped to Australia. In June 2005 the National
Parliament unanimously approved the creation of a Petroleum Fund to
serve as a repository for all petroleum revenues and preserve the
value of Timor-Leste's petroleum wealth for future generations. The
Fund held assets of US$1.8 billion as of September 2007. The
mid-2006 outbreak of violence and civil unrest disrupted both
private and public sector economic activity and created 100,000
internally displaced person