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ent, council of ministers Legislative branch: National Parliament (National Assembly or Milli Mejlis) *Azerbaijan, Government Judicial branch: Supreme Court Leaders: Chief of State: President Ebulfez ELCHIBEY (since 7 June 1992) Head of Government: Prime Minister Penah HUSEYNOV (since 29 April 1993; resigned 7 June 1993; likely replacement - E'tibar MAMEDOV); National Parliament Chairman Isa GAMBAROV (since 19 May 1992; resigned 13 June 1993; likely replacement Geydar ALIYEV) Member of: BSEC, CSCE, EBRD, ECO, ESCAP, IBRD, IDB, ILO, IMF, INTELSAT, ITU, NACC, OIC, UN, UNCTAD, UNESCO Diplomatic representation in US: chief of mission: Ambassador Hafiz PASHAYEV chancery: 1615 L Street NW, Washington, DC 20036 telephone: NA US diplomatic representation: chief of mission: Ambassador Richard MILES embassy: Hotel Intourist, Baku mailing address: APO AE 09862 telephone: 7-8922-91-79-56 Flag: three equal horizontal bands of blue (top), red, and green; a crescent and eight-pointed star in white are centered in red band *Azerbaijan, Economy Overview: Azerbaijan is less developed industrially than either Armenia or Georgia, the other Transcaucasian states. It resembles the Central Asian states in its majority Muslim population, high structural unemployment, and low standard of living. The economy's most prominent products are cotton, oil, and gas. Production from the Caspian oil and gas field has been in decline for several years. With foreign assistance, the oil industry might generate the funds needed to spur industrial development. However, civil unrest, marked by armed conflict in the Nagorno-Karabakh region between Muslim Azeris and Christian Armenians, makes foreign investors wary. Azerbaijan accounted for 1.5% to 2% of the capital stock and output of the former Soviet Union. Azerbaijan shares all the formidable problems of the ex-Soviet republics in making the transition from a command to a market economy, but its considerable energy resources brighten its propects somewhat. Old economic ties and structures have yet to be replaced. A particularly galling constraint on economic revival is the Nagorno-Karabakh conflict, said to consume 25% of Azerbaijan's economic resources. National product: GDP $NA National product real growth rate: -25% (1992) National product per capita: $NA Inflation rate (consumer prices): 20
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