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G-77, GCC, IBRD, ICAO, ICCt (signatory), IDA, IDB, IFAD, IFC, IHO, ILO, IMF, IMO, Interpol, IOC, ISO, ITU, LAS, MIGA, NAM, OIC, OPCW, UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO, WToO Diplomatic representation in the US: chief of mission: Ambassador Muhammad bin Ali bin Thani al-KHUSSAIBY chancery: 2535 Belmont Road, NW, Washington, DC 20008 telephone: [1] (202) 387-1980 through 1981, 1988 FAX: [1] (202) 745-4933 Diplomatic representation from the US: chief of mission: Ambassador Richard Lewis BALTIMORE III embassy: Jameat A'Duwal Al Arabiya Street, Al Khuwair area, Muscat mailing address: P. O. Box 202, P.C. 115, Madinat Al-Sultan Qaboos, Muscat telephone: [968] 24-698989 FAX: [968] 24-699771 Flag description: three horizontal bands of white, red, and green of equal width with a broad, vertical, red band on the hoist side; the national emblem (a khanjar dagger in its sheath superimposed on two crossed swords in scabbards) in white is centered near the top of the vertical band Economy Oman Economy - overview: Oman is a middle-income economy in the Middle East with notable oil and gas resources, a substantial trade surplus, and low inflation. The government is privatizing its utilities and diversifying its economy to attract foreign investment. Oman continues to liberalize its markets and joined the World Trade Organization (WTO) in November 2000. To reduce unemployment and limit dependence on foreign countries, the government is encouraging the replacement of expatriate workers with local people, i.e., Omanization. Training in information technology, business management, and English support this objective. Industrial development plans focus on gas resources, metal manufacturing, petrochemicals, and international transshipment ports. GDP (purchasing power parity): $38.09 billion (2004 est.) GDP - real growth rate: 1.2% (2004 est.) GDP - per capita: purchasing power parity - $13,100 (2004 est.) GDP - composition by sector: agriculture: 3.1% industry: 41.1% services: 55.8% (2004 est.) Labor force: 920,000 (2002 est.) Labor force - by occupation: agriculture NA, industry NA, services NA Unemployment rate: 15% (2004 est.) Population below poverty line: NA Household income or consumption by percentage share: lowest 10%: NA highest 10%: NA Inflation rate (consumer prices):
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