n the near future.

Clipperton Island
Although 115 species of fish have been identified
in the territorial waters of Clipperton Island, the only economic
activity is tuna fishing.

Cocos (Keeling) Islands
Grown throughout the islands, coconuts are
the sole cash crop. Small local gardens and fishing contribute to
the food supply, but additional food and most other necessities must
be imported from Australia. There is a small tourist industry.

Colombia
Colombia's economy has experienced positive growth over the
past three years despite a serious armed conflict. The economy
continues to improve in part because of austere government budgets,
focused efforts to reduce public debt levels, an export-oriented
growth strategy, an improved security situation in the country, and
high commodity prices. Ongoing economic problems facing President
URIBE range from reforming the pension system to reducing high
unemployment, and to achieving congressional passage of a fiscal
transfers reform. New exploration is needed to offset declining oil
production. International and domestic financial analysts note with
concern the growing central government deficit, which hovers at 5%
of GDP. However, the government's economic policy and democratic
security strategy have engendered a growing sense of confidence in
the economy, particularly within the business sector.

Comoros
One of the world's poorest countries, Comoros is made up of
three islands that have inadequate transportation links, a young and
rapidly increasing population, and few natural resources. The low
educational level of the labor force contributes to a subsistence
level of economic activity, high unemployment, and a heavy
dependence on foreign grants and technical assistance. Agriculture,
including fishing, hunting, and forestry, contributes 40% to GDP,
employs 80% of the labor force, and provides most of the exports.
The country is not self-sufficient in food production; rice, the
main staple, accounts for the bulk of imports. The government -
which is hampered by internal political disputes - is struggling to
upgrade education and technical training, privatize commercial and
industrial enterprises, improve health services, diversify exports,
promote tourism, and reduce the high population growth rate.
Increased foreign support is essential if the goal of 4% annual GDP
growth is to be met. Remitta