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WHO, WIPO, WMO, WTO (observer) Diplomatic representation in the US: chief of mission: Ambassador Abdulaziz KAMILOV chancery: 1746 Massachusetts Avenue NW, Washington, DC 20036 telephone: [1] (202) 887-5300 FAX: [1] (202) 293-6804 consulate(s) general: New York Diplomatic representation from the US: chief of mission: Ambassador Jon PURNELL embassy: 3 Moyqo'rq'on, 5th Block, Yunusobod District, Tashkent 100093 mailing address: use embassy street address telephone: [998] (71) 120-5450 FAX: [998] (71) 120-6335 Flag description: three equal horizontal bands of blue (top), white, and green separated by red fimbriations with a white crescent moon and 12 white stars in the upper hoist-side quadrant Economy Uzbekistan Economy - overview: Uzbekistan is a dry, landlocked country of which 11% consists of intensely cultivated, irrigated river valleys. More than 60% of its population lives in densely populated rural communities. Uzbekistan is now the world's second-largest cotton exporter and fifth largest producer; it relies heavily on cotton production as the major source of export earnings. Other major export earners include gold, natural gas, and oil. Following independence in September 1991, the government sought to prop up its Soviet-style command economy with subsidies and tight controls on production and prices. While aware of the need to improve the investment climate, the government still sponsors measures that often increase, not decrease, its control over business decisions. A sharp increase in the inequality of income distribution has hurt the lower ranks of society since independence. In 2003, the government accepted the obligations of Article VIII under the International Monetary Fund (IMF), providing for full currency convertibility. However, strict currency controls and tightening of borders have lessened the effects of convertibility and have also led to some shortages that have further stifled economic activity. The Central Bank often delays or restricts convertibility, especially for consumer goods. Potential investment by Russia and China in Uzbekistan's gas and oil industry would increase economic growth prospects. In November 2005, Russian President Vladimir PUTIN and Uzbekistan President KARIMOV signed an "alliance" treaty, which included provisions for economic and business cooperation. Russian businesses have sh
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