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cted by popular vote to serve four-year terms) elections: held every two years with half the members standing for election; last held 3 May 2003 (next to be held in 2005) election results: percent of vote - NA%; seats - independents 9 Judicial branch: Supreme Court; District Court; Magistrate's Court Political parties and leaders: none Political pressure groups and leaders: none International organization participation: none Diplomatic representation in the US: none (territory of Australia) Diplomatic representation from the US: none (territory of Australia) Flag description: the flag of Australia is used; note - in early 1986, the Christmas Island Assembly held a design competition for an island flag, however, the winning design has never been formally adopted as the official flag of the territory Economy Christmas Island Economy - overview: Phosphate mining had been the only significant economic activity, but in December 1987 the Australian Government closed the mine. In 1991, the mine was reopened. With the support of the government, a $34 million casino opened in 1993. The casino closed in 1998. The Australian Government in 2001 agreed to support the creation of a commercial space-launching site on the island, projected to begin operations in the near future GDP (purchasing power parity): NA GDP - real growth rate: NA GDP - composition by sector: agriculture: NA industry: NA services: NA Labor force: NA Labor force - by occupation: NA Budget: revenues: NA expenditures: NA, including capital expenditures of NA Agriculture - products: NA Industries: tourism, phosphate extraction (near depletion) Electricity - production by source: fossil fuel: NA hydro: NA nuclear: NA other: NA Exports: NA Exports - commodities: phosphate Exports - partners: Australia, NZ Imports: NA Imports - commodities: consumer goods Imports - partners: principally Australia Economic aid - recipient: NA Currency (code): Australian dollar (AUD) Currency code: AUD Exchange rates: Australian dollars per US dollar - 1.3598 (2004), 1.5419 (2003), 1.8406 (2002), 1.9334 (2001), 1.7248 (2000) Fiscal year: 1 July - 30 June Communications Christmas Island Telephones - main lines in use: NA Telephones - mobile cellular: NA Telephone system: ge
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