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Espacio [Rafael MICHELINI]; Progressive Encounter/Broad Front Coalition or Encuentro Progresista/Frente Amplio [Tabare VAZQUEZ] Political pressure groups and leaders: NA International organization participation: CCC, ECLAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA, Mercosur, MINURSO, MONUC, NAM (observer), OAS, OPANAL, OPCW, PCA, RG, UN, UNAMSIL, UNCTAD, UNESCO, UNIDO, UNIKOM, UNMEE, UNMOGIP, UNMOT, UNOMIG, UNTAET, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO Diplomatic representation in the US: chief of mission: Ambassador Hugo FERNANDEZ-FAINGOLD consulate(s) general: Chicago, Los Angeles, Miami, and New York FAX: [1] (202) 331-8142 telephone: [1] (202) 331-1313 through 1316 chancery: 1913 I Street NW, Washington, DC 20006 Diplomatic representation from the US: chief of mission: Ambassador Martin J. SILVERSTEIN embassy: Lauro Muller 1776, Montevideo 11200 mailing address: APO AA 34035 telephone: [598] (2) 418-7777 FAX: [598] (2) 410-0022 Flag description: nine equal horizontal stripes of white (top and bottom) alternating with blue; there is a white square in the upper hoist-side corner with a yellow sun bearing a human face known as the Sun of May and 16 rays alternately triangular and wavy Economy Uruguay Economy - overview: Uruguay's economy is characterized by an export-oriented agricultural sector, a well-educated workforce, and high levels of social spending. After averaging growth of 5% annually in 1996-98, in 1999-2001 the economy suffered from lower demand in Argentina and Brazil, which together account for nearly half of Uruguay's exports. Despite the severity of the trade shocks, Uruguay's financial indicators remained more stable than those of its neighbors, a reflection of its solid reputation among investors and its investment-grade sovereign bond rating - one of only two in South America. Challenges for the government of President Jorge BATLLE include reducing the budget deficit, expanding Uruguay's trade ties beyond its Mercosur trade partners, and reducing the costs of public services. GDP fell by 1.3% in 2000 and by 1.5% in 2001. GDP: purchasing power parity - $31 billion (2001 est.) GDP - real growth rate: -1.5% (2001 est.) GDP - per capita: purchasing power parity - $9,200 (2001 est.) GDP - composition by sector: agriculture: 6% industry: 29% services: 65% (2001) Population below po
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