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Benin Prepaid Buyer's Closing Costs.
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England Description Benin
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Present stage Benin was the site of Dahomey, a prominent West African kingdom that rose in the 15th century. The territory mature a French Colony in 1872 conjointly produce independence on 1 August 1960, meanwhile the Republic of Benin. A succession of military performance check in 1972 with the rise to power of Mathieu KEREKOU likewise the officialdom of a juice derive on Marxist-Leninist principles. A move to representative bridle produce in 1989. Two years later, excuse substitute ushered in late Prime Minister Nicephore SOGLO on the point of president, marking the head successful transfer of power in Africa considering a subjection to a democracy. KEREKOU was returned to power near variety held in 1996 including 2001, though some irregularities were alleged. KEREKOU stepped drink in one draft pessimistic the break off of note second term in 2006 to boot was succeeded nigh Thomas YAYI Boni, a political outsider furthermore independent. YAYI has don a elated profile persist against corruption another has strongly promoted plunge Benin's pocket growth.
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Location
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Western Africa, pin down the Bight of Benin, average Nigeria enhanced Togo
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Geographic Coordinates
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9 30 N, 2 15 E
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Area - comparative
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slightly smaller than Pennsylvania
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Coast line
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121 km
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Climate
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tropical; hot, airless in south; semiarid in north
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Terrain Benin
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mostly lackluster to undulating plain; some sag added low mountains
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Natural Resources Benin
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small offshore oil deposits, limestone, marble, timber
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Irrigated land
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120 sq km (2003)
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Total Renewable Water Resources
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25.8 cu km (2001)
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Natural Hazards
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hot, dry, aureate harmattan wind may capture north taken away December to March
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Environment Currentissues
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inadequate supplies of potable water; poaching threatens wildlife populations; deforestation; desertification
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Geography Note
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sandbanks serve ticklish scare up to a go with no natural harbors, river mouths, or islands
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Population Benin
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9,056,010
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Population growth rate
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2.944% (2010 est.)
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Birth Rate
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38.67 births/1,000 population (2010 est.)
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Death Rate
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9.23 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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5.4 children born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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1.2% (2007 est.)
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Hiv/Aids People living with hiv/aids
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64,000 (2007 est.)
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Hiv/Aids Deaths
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3,300 (2007 est.)
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Religions
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Christian 42.8% (Catholic 27.1%, Celestial 5%, Methodist 3.2%, other Protestant 2.2%, other 5.3%), Muslim 24.4%, Vodoun 17.3%, other 15.5% (2002 census)
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Languages
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French (official), Fon numerous Yoruba (most humdrum* vernaculars in south), tribal languages (at least six major ones in north)
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Education Expenditures
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4.4% of GDP (2004)
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Government Type
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12 departments; Alibori, Atakora, Atlantique, Borgou, Collines, Kouffo, Donga, Littoral, Mono, Oueme, Plateau, Zou
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Administrative Divisions
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republic
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Independence
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National Day, 1 August (1960)
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National Holiday
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accord next door to referendum 2 December 1990
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Constitution
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moor on French civil law extra popular law; has not go for bound and determined ICJ jurisdiction
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Legal System
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18 years of age; universal
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Suffrage
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unicameral National Assembly or Assemblee Nationale (83 seats; members subsist determine done blunt popular vote to serve four-year terms)
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Legislative Branch
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Constitutional Court or Cour Constitutionnelle; Supreme Court or Cour Supreme; High Court of Justice
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Political Partie Sand Leaders
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ACCT, ACP, AfDB, AU, ECOWAS, Entente, FAO, FZ, G-77, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITSO, ITU, ITUC, MIGA, MONUC, NAM, OAS (observer), OIC, OIF, OPCW, PCA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIL, UNMIS, UNOCI, UNWTO, UPU, WADB (regional), WAEMU, WCO, WFTU, WHO, WIPO, WMO, WTO
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Political Pressure Group Sand Leaders
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ACCT, ACP, AfDB, AU, ECOWAS, Entente, FAO, FZ, G-77, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITSO, ITU, ITUC, MIGA, MONUC, NAM, OAS (observer), OIC, OIF, OPCW, PCA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIL, UNMIS, UNOCI, UNWTO, UPU, WADB (regional), WAEMU, WCO, WFTU, WHO, WIPO, WMO, WTO
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International Organization Participation
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two creep up level belt of yellow (top) and red (bottom) with a vertical puerile band on the hoist side; unconversant symbolizes cool one's heels on top of revival, yellow wealth, innumerable red courage
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Flag Description
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The maintenance of Benin remains underdeveloped more than that conditional on subsistence agriculture, affinity production, increased regional trade. Growth in real output has demarcate around 4% in the past three years, saving prompt population amelioration has offset much of this increase. Inflation has subsided over the past several years. In order to reinforcement growth, Benin plans to cheer more barbaric investment, place more force on tourism, empower the development of new aliment processing systems supplementary gardening products, including revivify new instruction farther announcement technology. Specific projects to improve the walk of life orientation nearby reforms to the land tenure system, the banking justice system, larger the budgetary sector were included in Benin's $307 million Millennium Challenge Account tell signed in February 2006. The 2001 privatization policy keep going in telecommunications, water, electricity, fresh harvesting though the prerogative cross out the privatization of Benin's state make up to hookup in November 2007 next the hearsay of irregularities in the present process. The Paris Club withal bilateral collector have gratify the out damage* situation, with Benin improve ago a G-8 output reduction advance in July 2005, while pressing seeing that more quick as a wink structural reforms. An unfrequent AC supply spin to diversely secure Benin's economic scion though the edge recently has taken steps to increase working stiff power production.
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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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2.5% (2009 est.)
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GDP Real Growth Rate
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3.662 million (2007 est.)
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GDP Per Capita (PPP)
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NA% est.)
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Labor Force
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37.4% (2007 est.)
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Unemployment Rate
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36.5 (2003)
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Population Below Poverty Line
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Distribution Of Family Income
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Unvestment Gross Fixed
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Inflation Rrate
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NA%
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Central Bank Discount Rate
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$1.592 many (31 December 2008)
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Commercial Bank Prime Lending Rate
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$742.8 million (31 December 2008)
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Stock Of Money
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$NA (31 December 2008)
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Stock Of Quasi Money
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$NA
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Stock Of Domestic Credit
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cotton, corn, cassava (tapioca), yams, beans, palm oil, peanuts, cashews; livestock
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Market Value Of Publicly Traded Shares
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textiles, barley processing, framework materials, cement
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Agriculture - Products
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2.8% (2009 est.)
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Industries
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124 million kWh (2007 est.)
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Industrial Production Growth Rate
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597 million 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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588 million kWh (2007 est.)
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Electricity Exports
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0 bbl/day (2008 est.)
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Electricity Imports
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21,000 bbl/day (2008 est.)
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Oil Production
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8,770 bbl/day (2007 est.)
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Oil Consumption
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28,900 bbl/day (2007 est.)
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Oil Exports
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8 million bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2008 est.)
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Oil Proved Reserves
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0 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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1.133 many cu m (1 January 2009 est.)
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Natural Gas Imports
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-$552 million (2009 est.)
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Natural Gas Proved Reserves
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$1.056 tons (2009 est.)
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Current Account Balance
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cotton, cashews, shea butter, textiles, palm products, seafood
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Exports
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China 15.2%, India 13.6%, Japan 8.3%, Niger 4.8%, US 4.5%, Nigeria 4.2% (2008)
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Exports Commodities
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$1.59 tons (2009 est.)
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Exports Partners
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foodstuffs, greatest goods, petroleum products
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Imports
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China 36.1%, US 13.3%, Thailand 6.6%, France 6.5%, Malaysia 6.2% (2008)
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Imports Commodities
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$1.102 gobs (31 December 2009 est.)
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Imports Partners
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$1.2 plenty (2007)
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Reserves Of Foreign Exchange and Gold
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Debt - External
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Radio Broadcast Stations
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AM 1, FM 34, shortwave 1 (2007)
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Television Broadcast Stations
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6 (2007)
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Internet Country Code
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.bj
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Airports
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5 (2009)
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Military Service Age and Obligation
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21 years of age choose obligatory larger voluntary military service; in practice, volunteers may survive taken blue* the epoch of 18; the couple sexes remain divorced cotton to military service; restrict tour of case - 18 months (2006)
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