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the Palau District of the Trust Territory of the Pacific Islands _#_Capital: Koror; a new capital is being built about 20 km northeast in eastern Babelthuap _#_Administrative divisions: none _#_Independence: still part of the US-administered UN trusteeship (the last polity remaining under the trusteeship; the Republic of the Marshall Islands, Federated States of Micronesia, and Commonwealth of the Northern Marianas have left); administered by the Office of Territorial and International Affairs, US Department of Interior _#_Constitution: 11 January 1981 _#_Legal system: based on Trust Territory laws, acts of the legislature, municipal, common, and customary laws _#_National holiday: Constitution Day, 9 July (1979) _#_Executive branch: US president, US vice president, national president, national vice president _#_Legislative branch: bicameral Parliament (Olbiil Era Kelulau or OEK) consists of an upper house or Senate and a lower house or House of Delegates _#_Judicial branch: Supreme Court _#_Leaders: Chief of State--President George BUSH (since 20 January 1989); represented by the Assistant Secretary for Territorial Affairs, US Department of the Interior, Stella GUERRA (since NA July 1989); Head of Government--President Ngiratkel ETPISON (since 2 November 1988) _#_Political parties: no formal parties _#_Suffrage: universal at age 18 _#_Elections: President--last held on 2 November 1988 (next to be held November 1992); Ngiratkel ETPISON 26.3%, Roman TMETUCHL 25.9%, Thomas REMENGESAU 19.5%, other 28.3%; Senate--last held 2 November 1988 (next to be held November 1992); results--percent of vote NA; seats--(18 total); House of Delegates--last held 2 November 1988 (next to be held November 1992); results--percent of vote NA; seats--(16 total) _#_Member of: ESCAP (associate), SPC, SPF (observer) _#_Diplomatic representation: none; US--US Liaison Officer Lloyd MOSS; US Liaison Office at Top Side, Neeriyas, Koror (mailing address: P. O. Box 6028, Koror, Republic of Palau 96940); telephone 160-680-920 or 990 _#_Flag: light blue with a large yellow disk (representing the moon) shifted slightly to the hoist side _*_Economy _#_Overview: The economy consists primarily of subsistence agriculture and fishing. Tourism provides some foreign exchange, although the remote location of Palau and a shortage of suitable facilities has hindered develop
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