ty
(UHP), B. JAMTSAI (includes United Party of Herdsman and Farmers,
leader NA; Independence Party, leader NA; Traditional United
Conservative Party, leader NA; and Mongolian United Private Property
Owners Party, leader NA); Workers' Party, leader NA

International organization participation: AsDB, CCC, ESCAP, FAO, G-77,
IAEA, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF,
Intelsat (nonsignatory user), Interpol, IOC, ISO, ITU, NAM (observer),
UN, UNCTAD, UNESCO, UNIDO, UPU, WFTU, WHO, WIPO, WMO, WToO, WTrO

Diplomatic representation in the US:
chief of mission: Ambassador Jalbuugiyn CHOINHOR
chancery: 2833 M Street NW, Washington, DC 20007
telephone: [1] (202) 333-7117
FAX : [1] (202) 298-9227
consulate(s) general: New York

Diplomatic representation from the US:
chief of mission: Ambassador (vacant); Charge d'Affaires Llewellyn
HEDGBETH
embassy: inner north side of the Big Ring, just west of the Selbe Gol,
Ulaanbaatar
mailing address: c/o American Embassy Beijing, Micro Region 11, Big
Ring Road; PSC 461, Box 300, FPO AP 96521-0002
telephone : [976] (1) 329095, 329606
FAX: [976] (1) 320776

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

Economy - overview: The new government has embraced free-market
economics, freezing spending, easing price controls, liberalizing
domestic and international trade. Mongolia's severe climate, scattered
population, and wide expanses of unproductive land, however, have
constrained economic development. Economic activity traditionally has
been based on agriculture and the breeding of livestock. In past years
extensive mineral resources had been developed with Soviet support;
total Soviet assistance at its height amounted to 30% of GDP. The
mining and processing of coal, copper, molybdenum, tin, tungsten, and
gold account for a large part of industrial production. The dramatic
drop in the price of copper which accounts for half of the country's
export earnings, has held back economic growth. The Mongolian
leadership also has been soliciting support from international
financial agencies and foreign investors. The economy, however, has
still not recovered from the loss of Soviet aid. The country continues
to suffer substant