Background: Nauru's phosphate deposits began to be mined early in the 20th century by a German-British consortium; the island was occupied by Australian forces in World War I. Upon achieving independence in 1968 Nauru became the smallest independent republic in the world; it joined the UN in 1999.
Geography Note: Nauru is one of the three great phosphate rock islands in the Pacific Ocean - the others are Banaba (Ocean Island) in Kiribati and Makatea in French Polynesia; only 53 km south of Equator
Environment Current issues: limited natural fresh water resources roof storage tanks collect rainwater but mostly dependent on a single aging desalination plant; intensive phosphate mining during the past 90 years - mainly by a UK Australia and New Zealand consortium - has left the central 90% of Nauru a wasteland and threatens limited remaining land resources
Diplomatic representation In the us: Nauru does not have an embassy in the US but will open a UN office early in 2000 at 800 2nd Avenue New York New York From the us: the US does not have an embassy in Nauru; the US Ambassador to Fiji is accredited to Nauru
Flag description: blue with a narrow horizontal yellow stripe across the center and a large white 12-pointed star below the stripe on the hoist side; the star indicates the country's location in relation to the Equator (the yellow stripe) and the 12 points symbolize the 12 original tribes of Nauru
Economy overview: Revenues of this tiny island come from exports of phosphates but reserves are expected to be exhausted in the year 2000. Phosphates have given Nauruans one of the highest per capita incomes in the Third World with estimates of GDP varying widely. Few other resources exist thus most necessities must be imported including fresh water from Australia. The rehabilitation of mined land and the replacement of income from phosphates are serious long-term problems. Substantial amounts of phosphate income are invested in trust funds to help cushion the transition. The government also has been borrowing heavily from the trusts to finance fiscal deficits. To cut costs the government has called for a freezing of wages a reduction of over-staffed public service departments privatization of numerous government agencies and closure of some overseas consulates. In recent years Nauru has encouraged the registration of offshore banks and corporations. Tens of billions of dollars have been channeled through their accounts.