up of the MDP, SDP, and NPP); Mongolian National
Democratic Party (MNDP), D. GANBOLD, chairman; Mongolian Social
Democratic Party (MSDP), B. BATBAYAR, chairman; Mongolian Conservative
Party, O. ZOYA; Mongolian Green Party (MGP), M. GANBAT
note:
opposition parties were legalized in May 1990
Member of:
AsDB, CCC, ESCAP, FAO, G-77, IAEA, IBRD, ICAO, IDA, IFC, ILO, IMF,
INTELSAT (nonsignatory user), INTERPOL, IOC, ISO, ITU, LORCS, NAM
(observer), UN, UNCTAD, UNESCO, UNIDO, UPU, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in US:
chief of mission:
Ambassador Luvsandorj DAWAGIV
chancery:
2833 M Street NW, Washington, DC 20007
telephone:
(202) 333-7117
FAX:
(202) 298-9227
consulate(s) general:
New York
US diplomatic representation:
chief of mission:
Ambassador Donald C. JOHNSON
embassy:
address NA, Ulaanbaatar
mailing address:
Ulaanbaatar, c/o American Embassy Beijing, Micro Region II, Big Ring
Road; PSC 461, Box 300, FPO AP 96521-0002
telephone:
[976] (1) 329095 through 329606
FAX:
[976] (1) 320-776
Flag:
three equal, vertical bands of red (hoist side), blue, and red,
centered on the hoist-side red band in yellow is the national emblem
("soyombo" - a columnar arrangement of abstract and geometric
representation for fire, sun, moon, earth, water, and the yin-yang
symbol)

@Mongolia, Economy

Overview:
Mongolia's severe climate, scattered population, and wide expanses of
unproductive land have constrained economic development. Economic
activity traditionally has been based on agriculture and the breeding
of livestock - Mongolia has the highest number of livestock per person
in the world. In past years extensive mineral resources had been
developed with Soviet support; total Soviet assistance at its height
amounted to 30% of GDP. The mining and processing of coal, copper,
molybdenum, tin, tungsten, and gold account for a large part of
industrial production. Timber and fishing are also important sectors.
The Mongolian leadership is trying to make the transition from
Soviet-style central planning to a market economy through
privatization and price reform, and is soliciting support from
international financial agencies and foreign investors. The economy,
however, has still not recovered from the loss of Soviet aid, and the
country continues to suffer substantial economic hardships.
National product:
GDP - purchasing power equ