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30 July 2010 EAST TIMOR - BACKGROUND
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John Hamlin
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Government Type republic
Legal System NA
Currency Indonesian Rupiah (IDR)
Economic Overview In late 1999, about 70% of the economic infrastructure of East Timor was laid waste by Indonesian troops and anti-independence militias, and 260,000 people fled westward. Over the next three years, however, a massive international program, manned by 5,000 peacekeepers (8,000 at peak) and 1,300 police officers, led to substantial reconstruction in both urban and rural areas. By mid-2002, all but about 50,000 of the refugees had returned. The country faces great challenges in continuing the rebuilding of infrastructure and the strengthening of the infant civil administration. One promising long-term project is the planned development of oil resources in nearby waters.
Natural Resources gold, petroleum, natural gas, manganese, marble
Primary Industries printing, soap manufacturing, handicrafts, woven cloth
Agricultural Products coffee, rice, maize, cassava, sweet potatoes, soybeans, cabbage, mangoes, bananas, vanilla
Import Commodities mainly food (2001)
Export Commodities coffee, sandalwood, marble; note - the potential for oil and vanilla exports
Export Partners NA




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