PU, WFTU,
WHO, WIPO, WMO, WTO

Diplomatic representation in US:
chief of mission: Ambassador Luvsandorj DAWAAGIW
chancery: 2833 M Street NW, Washington, DC 20007
telephone: [1] (202) 333-7117
FAX: [1] (202) 298-9227
consulate(s) general: New York

US diplomatic representation:
chief of mission: Ambassador Donald C. JOHNSON
embassy: address NA, Ulaanbaatar
mailing address: c/o American Embassy Beijing, Micro Region 11, Big
Ring Road; PSC 461, Box 300, FPO AP 96521-0002
telephone: [976] (1) 329095, 329606
FAX: [976] (1) 320776

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. 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 has been gradually making 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, with
one-fourth of the population below the poverty line.

National product: GDP - purchasing power parity - $4.4 billion (1994
est.)

National product real growth rate: 2.5% (1994 est.)

National product per capita: $1,800 (1994 est.)

Inflation rate (consumer prices): 70% (1994 est.)

Unemployment rate: 15% (1991 est.)

Budget:
revenues: $NA
expenditures: $NA, including capital expenditures of $NA (1991 est.)
note: deficit of $67 million

Exports: $360 million (f.o.b., 1993 est.)
commodities: copper, livestock, animal products, cashmere, wool,
hides, fluorspar, other nonferrous metals
partners: former CMEA count