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.)