M, IDA, IDB, IFAD, IFC, IFRCS, IHO (pending member),
ILO, IMF, IMO, Interpol, IOC, IOM, ITU, LAS, MIGA, NAM, OIC, OPCW,
UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WCO, WHO, WIPO, WMO, WToO, WTO

Diplomatic representation in the US:
chief of mission: Ambassador Tijani Ould KERIM
chancery: 2129 Leroy Place NW, Washington, DC 20008
telephone: [1] (202) 232-5700, 5701
FAX: [1] (202) 319-2623

Diplomatic representation from the US:
chief of mission: Ambassador Joseph E. LEBARON
embassy: 288 Rue Abdallaye (between Presidency building and Spanish
Embassy), Nouakchott
mailing address: BP 222, Nouakchott
telephone: [222] 525-2660/525-2663
FAX: [222] 25-25-92

Flag description:
green with a yellow five-pointed star above a yellow, horizontal
crescent; the closed side of the crescent is down; the crescent,
star, and color green are traditional symbols of Islam

Economy Mauritania

Economy - overview:
Half the population still depends on agriculture and livestock for
a livelihood, even though many of the nomads and subsistence farmers
were forced into the cities by recurrent droughts in the 1970s and
1980s. Mauritania has extensive deposits of iron ore, which account
for nearly 40% of total exports. The decline in world demand for
this ore, however, has led to cutbacks in production. The nation's
coastal waters are among the richest fishing areas in the world, but
overexploitation by foreigners threatens this key source of revenue.
The country's first deepwater port opened near Nouakchott in 1986.
In the past, drought and economic mismanagement resulted in a
buildup of foreign debt. In February 2000, Mauritania qualified for
debt relief under the Heavily Indebted Poor Countries (HIPC)
initiative and in December 2001 received strong support from donor
and lending countries at a triennial Consultative Group review. In
2001, exploratory oil wells in tracts 80 km offshore indicated
potential extraction at current world oil prices. A new investment
code approved in December 2001 improved the opportunities for direct
foreign investment. Ongoing negotiations with the IMF involve
problems of economic reforms and fiscal discipline. Substantial oil
production and exports probably will not begin until 2006. Meantime
the government emphasizes reduction of poverty, improvement of
health and education, and promoting privatization of the economy.

GDP (purchasing po