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Socialist Party of Ukraine or SPU ; Trudova Ukrayina/Working Ukraine ; Ukrainian Popular Movement or Rukh K ; United Social Democratic Party of Ukraine ; Yabluko Party note: and numerous smaller parties International organization participation: BSEC, CCC, CE, CEI, CIS, EAPC, EBRD, ECE, IAEA, IBRD, ICAO, ICRM, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat (nonsignatory user), Interpol, IOC, IOM (observer), ISO, ITU, NAM (observer), NSG, OAS (observer), OPCW, OSCE, PCA, PFP, UN, UN Security Council (temporary), UNCTAD, UNESCO, UNIDO, UNMIBH, UNMIK, UNMOP, UNMOT, UPU, WFTU, WHO, WIPO, WMO, WToO, WTrO (applicant), ZC Diplomatic representation in the US: chief of mission: Ambassador Konstantin Ivanovych HRYSHCHENKO chancery: 3350 M Street NW, Washington, DC 20007 telephone: (202) 333-0606 FAX: (202) 333-0817 consulate(s) general: Chicago and New York Diplomatic representation from the US: chief of mission: Ambassador Steven Karl PIFER embassy: 10 Yuria Kotsubynskoho, 254053 Kiev 53 mailing address: use embassy street address telephone: (44) 246-9750 FAX: (44) 244-7350 Flag description: two equal horizontal bands of azure (top) and golden yellow represent grainfields under a blue sky @Ukraine:Economy Economy - overview: After Russia, the Ukrainian republic was far and away the most important economic component of the former Soviet Union, producing about four times the output of the next-ranking republic. Its fertile black soil generated more than one-fourth of Soviet agricultural output, and its farms provided substantial quantities of meat, milk, grain, and vegetables to other republics. Likewise, its diversified heavy industry supplied equipment and raw materials to industrial and mining sites in other regions of the former USSR. Ukraine depends on imports of energy, especially natural gas. Shortly after the implosion of the USSR in December 1991, the Ukrainian Government liberalized most prices and erected a legal framework for privatization, but widespread resistance to reform within the government and the legislature soon stalled reform efforts and led to some backtracking. Output in 1992-99 fell to less than 40% the 1991 level. Loose monetary policies pushed inflation to hyperinflationary levels in late 1993. Since his election in July 1994, President KUCHMA has pushed economic reforms, maintained financial discipline, and tried to remove almost all remaining controls over prices and foreig
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