Liechtenstein

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Organisation / GroupAimstatus
Schengen Conventionto allow free movement within an area without internal border controlsde facto member
Council of Europeto promote increased unity and quality of life in Europe
European Bank for Reconstruction and Developmentto facilitate the transition of seven centrally planned economies in Europe (Bulgaria, former Czechoslovakia, Hungary, Poland, Romania, former USSR, and former Yugoslavia) to market economies by committing 60% of its loans to privatization
European Free Trade Associationto promote expansion of free trade
International Atomic Energy Agencyto promote peaceful uses of atomic energy
International Criminal Courtto hold all individuals and countries accountable to international laws of conduct; to specify international standards of conduct;to provide an important mechanism for implementing these standards;to ensure that perpetrators are brought to justice
International Red Cross and Red Crescent Movementto promote worldwide humanitarian aid through the International Committee of the Red Cross (ICRC) in wartime, and International Federation of Red Cross and Red Crescent Societies (IFRCS;formerly League of Red Cross and Red Crescent Societies or LORCS) in peacetime
International Federation of Red Cross and Red Crescent Societiesto organize, coordinate, and direct international relief actions;to promote humanitarian activities;to represent and encourage the development of National Societies;to bring help to victims of armed conflicts, refugees, and displaced people;to reduce the vulnerability of people through development programs
International Criminal Police Organizationto promote international cooperation among police authorities in fighting crime
International Olympic Committeeto promote the Olympic ideals and administer the Olympic games: 2012 Summer Olympics in London, UK;2014 Winter Olympics in Sochi, Russia
Inter-Parliamentary Unionfosters contacts among parliamentarians, considers and expresses views of international interest and concern with the purpose of bringing about action by parliaments and parliamentarians, contributes to the defense and promotion of human rights, contributes to better knowledge of representative institutions
International Telecommunications Satellites Organizationto act as a watchdog over Intelsat, Ltd., a private company, to make sure it provides on a global and non-discriminatory basis public telecommunication services
International Telecommunication Unionto deal with world telecommunications issues;a UN specialized agency
International Trade Union Confederationto promote the trade union movement
Organization for the Prohibition of Chemical Weaponsto enforce the Convention on the Prohibition of the Development, Production, Stockpiling, and Use of Chemical Weapons and on Their Destruction;to provide a forum for consultation and cooperation among the signatories of the Convention
Organization for Security and Cooperation in Europeto foster the implementation of human rights, fundamental freedoms, democracy, and the rule of law;to act as an instrument of early warning, conflict prevention, and crisis management;and to serve as a framework for conventional arms control and confidence building measures
Permanent Court of Arbitrationto facilitate the settlement of international disputes
United Nationsto maintain international peace and security and to promote cooperation involving economic, social, cultural, and humanitarian problems
United Nations Conference on Trade and Developmentto promote international trade
Universal Postal Unionto promote international postal cooperation;a UN specialized agency
World Intellectual Property Organizationto furnish protection for literary, artistic, and scientific works;a UN specialized agency
World Trade Organizationto provide a forum to resolve trade conflicts between members and to carry on negotiations with the goal of further lowering and/or eliminating tariffs and other trade barriers

Names

Description

The Principality of Liechtenstein was established within the Holy Roman Empire in 1719. Occupied by both French and Russian troops during the Napoleonic wars, it became a sovereign state in 1806 and joined the Germanic Confederation in 1815. Liechtenstein became fully independent in 1866 when the Confederation dissolved. Until the end of World War I, it was closely tied to Austria, but the economic devastation caused by that conflict forced Liechtenstein to enter into a customs and monetary union with Switzerland. Since World War II (in which Liechtenstein remained neutral), the country's low taxes have spurred outstanding economic growth. In 2000, shortcomings in banking regulatory oversight resulted in concerns about the use of financial institutions for money laundering. However, Liechtenstein implemented anti-money-laundering legislation and a Mutual Legal Assistance Treaty with the US that went into effect in 2003.

Government type

constitutional monarchy

Religions

Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002)

Natural Resources

hydroelectric potential, arable land

Export commodities

small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products