French Senate—last held 24 September 1989 (next to be held September 1992); results—percent of vote by party NA; seats—(1 total) PS 1;
French National Assembly—last held 5 and 12 June 1988 (next to be held June 1993); results—percent of vote by party NA; seats—(1 total) UDF/CDS 1
_#_Member of: FZ, WFTU
_#_Diplomatic representation: as a territorial collectivity of France, local interests are represented in the US by France
_#_Flag: the flag of France is used
_*Economy #_Overview: The inhabitants have traditionally earned their livelihood by fishing and by servicing fishing fleets operating off the coast of Newfoundland. The economy has been declining, however, because the number of ships stopping at Saint Pierre has dropped steadily over the years. In March 1989, an agreement between France and Canada set fish quotas for Saint Pierre's trawlers fishing in Canadian and Canadian-claimed waters for three years. The agreement settles a longstanding dispute that had virtually brought fish exports to a halt. The islands are heavily subsidized by France. Imports come primarily from Canada and France.
_#_GDP: $50 million, per capita $7,900; real growth rate NA% (1990 est.)
_#_Inflation rate (consumer prices): NA%
_#_Unemployment rate: 8.3% (1988)
_#_Budget: revenues $18.3 million; expenditures $18.3 million, including capital expenditures of $5.5 million (1989)