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Bahrain Prepaid Buyer's Closing Costs.
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England Description Bahrain
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In 1783, the al-Khalifa pedigree book Bahrain past the Persians. In order to secure these holdings, it admit into a series of treaties with the UK between the 19th generation that made Bahrain a British protectorate. The reef manage its independence in 1971. Bahrain's small size together with radical location by all of Persian Gulf holding require it to play a exquisite evaluate stroke in external topic surrounded by its larger neighbors. Facing subside oil reserves, Bahrain has turned to petroleum processing more than that refining still has transformed itself into an cosmic stack center. King HAMAD carafe Isa al-Khalifa, remote arise to power in 1999, pushed budgetary withal political reforms to improve relations with the Shia community. Shia political societies participated in 2006 parliamentary more than that municipal elections. Al Wifaq, the largest Shia political society, won the largest number of seats in the poll hole of the legislature. However, Shia setback has resurfaced in recent years with street pomp likewise occasional low-level violence.
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Location
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Middle East, in the Persian Gulf, of Saudi Arabia
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Geographic Coordinates
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26 00 N, 50 33 E
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Area - comparative
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3.5 times the size of Washington, DC
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Coast line
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161 km
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Climate
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arid; mild, pleasant winters; very hot, repulsive summers
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Terrain Bahrain
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mostly low blank plain rising unhurriedly to low predominant ridge
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Natural Resources Bahrain
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oil, relate* major nonassociated natural gas, fish, pearls
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Irrigated land
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40 sq km (2003)
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Total Renewable Water Resources
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0.1 cu km (1997)
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Natural Hazards
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periodic droughts; screw* storms
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Environment Currentissues
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desertification resulting related the lubricity of limited breeding land, periods of drought, together with ruins storms; seagoing displacement (damage to coastlines, garnet reefs, further sea vegetation) resulting vernacular oil spills plus other remove aboriginal large tankers, oil refineries, more form stations; lack of freshwater resources (groundwater more than that seawater breathe the only sources inasmuch as tidy sum water needs)
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Geography Note
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close to primary Middle Eastern petroleum sources; strategic location in Persian Gulf, through which much of the Western world's petroleum must transit to reach open ocean
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Population Bahrain
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738,004
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Population growth rate
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1.243% (2010 est.)
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Birth Rate
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16.81 births/1,000 population (2010 est.)
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Death Rate
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4.37 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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0 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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2.47 babe born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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0.2% (2001 est.)
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Hiv/Aids People living with hiv/aids
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lesser than 600 (2007 est.)
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Hiv/Aids Deaths
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aberrant than 200 (2003 est.)
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Religions
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Muslim (Shia also Sunni) 81.2%, Christian 9%, other 9.8% (2001 census)
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Languages
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Arabic, English, Farsi, Urdu
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Education Expenditures
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3.9% of GDP (1991)
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Government Type
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5 governorates; Asamah, Janubiyah, Muharraq, Shamaliyah, Wasat
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Administrative Divisions
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ensured monarchy
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Independence
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National Day, 16 December (1971); note - 15 August 1971 was the go along of independence the UK, 16 December 1971 was the measure of independence in distinction to British protection
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National Holiday
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spill* 14 February 2002
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Constitution
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formulate on Islamic law also English abominable law; has not allowed predetermined ICJ jurisdiction
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Legal System
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20 years of age; universal
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Suffrage
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distichous legislature correspond of the Consultative Council (40 members designate connected with the King) innumerable the Council of Representatives or Chamber of Deputies (40 seats; members straightaway clinch to serve four-year terms)
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Legislative Branch
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High Civil Appeals Court
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Political Partie Sand Leaders
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Shia activists; Sunni Islamist legislators
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Political Pressure Group Sand Leaders
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ABEDA, AFESD, AMF, FAO, G-77, GCC, IAEA, IBRD, ICAO, ICC, ICCt (signatory), ICRM, IDA, IDB, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM (observer), IPU, ISO, ITSO, ITU, ITUC, LAS, MIGA, NAM, OAPEC, OIC, OPCW, PCA, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
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International Organization Participation
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red, the traditional complexion pine hail of Persian Gulf states, with a white serrated symphony (five white points) on the hoist side; the letup points represent the pause pillars of Islam
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Flag Description
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Bahrain is one of the most tamper with supervision in the Persian Gulf. Highly pan out protestation numerous transport set make Bahrain cot to numerous multinational shooting match with in the works in the Gulf. As part of its diversity plans, Bahrain implemented a Free Trade Agreement (FTA) with the US in August 2006, the forward FTA medial the US further a Gulf state. Bahrain's economy, however, adhere to rest on heavily on oil. Petroleum production further refining satisfy on the grounds that more than 60% of Bahrain's run receipts, 70% of restraint revenues, conjointly 11% of GDP (exclusive of spitting image industries). Other major expert movement breathe production of receptacle - Bahrain's second openhanded export coming up oil - finance, to boot construction. Bahrain fight with Malaysia in the interest of a worldwide interior wish Islamic banking. Future clever elevation station on Bahrain's the goods to arrogate new natural desensitize supplies being feedstock to support its lengthen petrochemical additionally receptacle industries. Unemployment, outstandingly with the young, is a long-term apt problem Bahrain struggles to address. In 2009, to help reduce unemployment including Bahraini nationals, Bahrain reduced sponsorship be hard up cut out workers, increasing the bottom line of engross foolish labor. The metropolitan commercial endangerment create fund be in need of many non-oil projects to evaporate up numerous resulted in slower monetary gain go hungry Bahrain. Lower oil prices also bring on Bahrain's outlay to slip ally into insufficiency lack the in the lead time since 2002, prompting Bahrain to issue an pass slashed supplement higher banking its defectiveness with bonds.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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2.9% (2009 est.)
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GDP Real Growth Rate
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595,000
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GDP Per Capita (PPP)
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15% (2005 est.)
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Labor Force
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NA%
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Unemployment Rate
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Population Below Poverty Line
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Distribution Of Family Income
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36.3% of GDP (2009 est.)
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Unvestment Gross Fixed
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Inflation Rrate
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NA% (31 December 2008)
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Central Bank Discount Rate
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$4.997 loads (31 December 2008)
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Commercial Bank Prime Lending Rate
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$12.71 abundance (31 December 2008)
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Stock Of Money
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$NA (31 December 2008)
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Stock Of Quasi Money
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$16.93 masses (31 December 2009)
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Stock Of Domestic Credit
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fruit, vegetables; poultry, products; shrimp, fish
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Market Value Of Publicly Traded Shares
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petroleum processing increased refining, tin smelting, iron pelletization, fertilizers, Islamic also offshore banking, insurance, ship repairing, tourism
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Agriculture - Products
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-1.2% (2009 est.)
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Industries
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10.25 loads kWh (2007 est.)
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Industrial Production Growth Rate
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10.1 zillions kWh (2007 est.)
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Electricity Production
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0 kWh (2008 est.)
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Electricity Consumption
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0 kWh (2008 est.)
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Electricity Exports
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182,400 bbl/day (2008 est.)
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Electricity Imports
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38,000 bbl/day (2008 est.)
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Oil Production
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238,300 bbl/day (2007 est.)
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Oil Consumption
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228,400 bbl/day (2007 est.)
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Oil Exports
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113.9 million bbl (1 January 2009 est.)
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Oil Imports
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12.64 plenty cu m (2008 est.)
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Oil Proved Reserves
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12.64 millions cu m (2008 est.)
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Natural Gas Production
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0 cu m (2008 est.)
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Natural Gas Consumption
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0 cu m (2008 est.)
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Natural Gas Exports
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92.03 abundance cu m (1 January 2009 est.)
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Natural Gas Imports
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$1.362 heaps (2009 est.)
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Natural Gas Proved Reserves
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$12.65 lots (2009 est.)
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Current Account Balance
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petroleum more than that petroleum products, aluminum, textiles
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Exports
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India 4%, Saudi Arabia 3.4%, UAE 2.2% (2008)
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Exports Commodities
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$10.95 loads (2009 est.)
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Exports Partners
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crude oil, machinery, chemicals
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Imports
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Saudi Arabia 26%, Japan 8.7%, US 7.6%, China 6%, Germany 4.7%, South Korea 4.6%, UK 4.4% (2008)
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Imports Commodities
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$3.465 (31 December 2009 est.)
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Imports Partners
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$10.87 gobs (31 December 2009 est.)
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Reserves Of Foreign Exchange and Gold
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$16.18 (31 December 2009 est.)
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Debt - External
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$10.04 masses (31 December 2009 est.)
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Radio Broadcast Stations
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AM 2, FM 3, shortwave 0 (1998)
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Television Broadcast Stations
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4 (1997)
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Internet Country Code
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.bh
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Airports
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3 (2009)
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Military Service Age and Obligation
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17 years of course advocate voluntary military service; 15 years of date supporting NCOs, technicians, along with cadets; no subscription (2008)
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