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onal organization participation: BSEC (observer), CEI, CIS, CSTO, EAEC, EAPC, EBRD, FAO, GCTU, IAEA, IBRD, ICAO, ICRM, IDA, IFC, IFRCS, ILO, IMF, IMSO, Interpol, IOC, IOM, IPU, ISO, ITU, ITUC, MIGA, NAM, NSG, OPCW, OSCE, PCA, PFP, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO (observer) Diplomatic representation in the US: chief of mission: Ambassador Mikhail KHVOSTOV chancery: 1619 New Hampshire Avenue NW, Washington, DC 20009 telephone: [1] (202) 986-1604 FAX: [1] (202) 986-1805 consulate(s) general: New York Diplomatic representation from the US: chief of mission: Ambassador (vacant); Charge d'Affaires Jonathan MOORE embassy: 46 Starovilenskaya Street, Minsk 220002 mailing address: PSC 78, Box B Minsk, APO 09723 telephone: [375] (17) 210-12-83, 217-7347, 217-7348 FAX: [375] (17) 234-7853 Flag description: red horizontal band (top) and green horizontal band one-half the width of the red band; a white vertical stripe on the hoist side bears Belarusian national ornamentation in red Economy Belarus Economy - overview: Belarus has seen little structural reform since 1995, when President LUKASHENKO launched the country on the path of "market socialism." In keeping with this policy, LUKASHENKO reimposed administrative controls over prices and currency exchange rates and expanded the state's right to intervene in the management of private enterprises. Since 2005, the government has re-nationalized a number of private companies. In addition, businesses have been subject to pressure by central and local governments, e.g., arbitrary changes in regulations, numerous rigorous inspections, retroactive application of new business regulations, and arrests of "disruptive" businessmen and factory owners. A wide range of redistributive policies has helped those at the bottom of the ladder; the Gini coefficient is among the lowest in the world. Because of these restrictive economic policies, Belarus has had trouble attracting foreign investment. Nevertheless, GDP growth has been strong in recent years, reaching nearly 7% in 2007, despite the roadblocks of a tough, centrally directed economy with a high, but decreasing, rate of inflation. Belarus receives heavily discounted oil and natural gas from Russia and much of Belarus' growth can be attributed to the re-export of Russian oil at market prices. Trade with Russia - by far its largest single trade partner - decreased in
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