ACCT, ACP, ADB, C, FAO, G-77, IBRD, ICAO, ICRM, IDA, IFC, IFRCS,
ILO, IMF, IMO, IOC, ITU, ITUC, MIGA, NAM, OAS (observer), OIF, OPCW,
PIF, Sparteca, SPC, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WMO, WTO
(observer)
Diplomatic representation in the US:
Vanuatu does not have an embassy in the US; it does, however, have a
Permanent Mission to the UN
Diplomatic representation from the US:
the US does not have an embassy in Vanuatu; the ambassador to Papua New Guinea is accredited to Vanuatu
Flag description:
two equal horizontal bands of red (top) and green with a black isosceles triangle (based on the hoist side) all separated by a black-edged yellow stripe in the shape of a horizontal Y (the two points of the Y face the hoist side and enclose the triangle); centered in the triangle is a boar's tusk encircling two crossed namele leaves, all in yellow
Economy
Vanuatu
Economy - overview:
This South Pacific island economy is based primarily on small-scale agriculture, which provides a living for 65% of the population. Fishing, offshore financial services, and tourism, with more than 60,000 visitors in 2005, are other mainstays of the economy. Mineral deposits are negligible; the country has no known petroleum deposits. A small light industry sector caters to the local market. Tax revenues come mainly from import duties. Economic development is hindered by dependence on relatively few commodity exports, vulnerability to natural disasters, and long distances from main markets and between constituent islands. In response to foreign concerns, the government has promised to tighten regulation of its offshore financial center. In mid-2002 the government stepped up efforts to boost tourism through improved air connections, resort development, and cruise ship facilities. Agriculture, especially livestock farming, is a second target for growth. Australia and New Zealand are the main suppliers of tourists and foreign aid.