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y for the Guinean People or RPG [Alpha CONDE]; Union of Democratic Forces of Guinea or UFDG [Mamadou BAH]; Union of Republican Forces or UFR [Sidya TOURE]; Union for Progress of Guinea or UPG [Jean-Marie DORE, secretary-general]; Union for Progress and Renewal or UPR [Ousmane BAH] Political pressure groups and leaders: Labor Union of Guinean Workers - National Confederation of Guinean Workers or USTG-NCTG Alliance [Ibrahima FOFANA]; Student and teacher unions International organization participation: ACCT, ACP, AfDB, AU, ECOWAS, FAO, G-77, IBRD, ICAO, ICCt, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITU, ITUC, MIGA, MINURSO, MONUC, NAM, OIC, OIF, OPCW, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIS, UNOCI, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO Diplomatic representation in the US: chief of mission: Ambassador (vacant) chancery: 2112 Leroy Place NW, Washington, DC 20008 telephone: [1] (202) 986-4300 FAX: [1] (202) 478-3800 Diplomatic representation from the US: chief of mission: Ambassador Jackson C. MCDONALD embassy: Koloma, Conakry, east of Hamdallaye Circle mailing address: B. P. 603, Transversale No. 2, Centre Administratif de Koloma, Commune de Ratoma, Conakry telephone: [224] 30-42-08-61 FAX: [224] 30-42-08-73 Flag description: three equal vertical bands of red (hoist side), yellow, and green; uses the popular pan-African colors of Ethiopia Economy Guinea Economy - overview: Guinea possesses major mineral, hydropower, and agricultural resources, yet remains an underdeveloped nation. The country possesses almost half of the world's bauxite reserves and is the second-largest bauxite producer. The mining sector accounts for over 70% of exports. Long-run improvements in government fiscal arrangements, literacy, and the legal framework are needed if the country is to move out of poverty. Fighting along the Sierra Leonean and Liberian borders, as well as refugee movements, have caused major economic disruptions, aggravating a loss in investor confidence. Panic buying has created food shortages and inflation and caused riots in local markets. Guinea is trying to reengage with the IMF and World Bank, which cut off most assistance in 2003. Growth rose slightly in 2006, primarily due to increases in global demand and commodity prices on world markets, but the standard of
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