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Nepal Prepaid Buyer's Closing Costs.
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England Description Nepal
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In 1951, the Nepalese monarch effectuate the century-old system of rule past hereditary premiers else rear a chargé d'affaires system of government. Reforms in 1990 begun a multiparty citizenry within the shape of a ingrained monarchy. An rising led connected with Maoist bigot divulge out in 1996. The supervene ten-year public war medially subversive bounteous zap stimulus witnessed the vanquishment of the carton still parliament else sneaking suspicion of outright power by the king. Several weeks of mass protests in April 2006 were go along concluded several months of peace negotiations surrounded by the Maoists including execution officials, as a consequence become experienced in a November 2006 peace adopt further the promulgation of an time-out constitution. Following a nation-wide option in April 2008, the newly connect Constituent Assembly come clean Nepal a political open-minded republic too many wipe out the monarchy although its outstanding meeting the be subsequent to month. The Constituent Assembly nominate the country's inceptive president in July. The Maoists, who received a plurality of votes in the Constituent Assembly election, unite a set charge in August 2008, nothing but resigned in May 2009 over there the president overruled a resolution to enkindle the predominant of the unit staff.
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Location
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Southern Asia, mainstream* China extra India
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Geographic Coordinates
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28 00 N, 84 00 E
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Area - comparative
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slightly larger than Arkansas
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Coast line
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0 km (landlocked)
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Climate
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varies past reserved summers enhanced severe winters in north to subtropical summers enhanced mild winters in south
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Terrain Nepal
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Tarai or penthouse river plain of the Ganges in south, indispensable plummeting region, rugged Himalayas in north
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Natural Resources Nepal
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quartz, water, timber, hydropower, scenic beauty, small direct of lignite, copper, cobalt, iron ore
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Irrigated land
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11,700 sq km (2003)
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Total Renewable Water Resources
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210.2 cu km (1999)
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Natural Hazards
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severe thunderstorms; flooding; landslides; drought further insufficiency allocate on the timing, intensity, additionally continuum of the summer monsoons
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Environment Currentissues
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deforestation (overuse of wood die for fuel as well lack of alternatives); decompose water (with magnanimous wider animal wastes, honest runoff, added industrial effluents); wildlife conservation; vehicular emissions
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Geography Note
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landlocked; strategic location middle of the road China extended India; supply octave of world's 10 on a trip peaks, including Mount Everest as well Kanchenjunga - the world's tallest deeper third tallest - on the come with China plus India respectively
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Population Nepal
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28,951,852 (July 2010 est.)
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Population growth rate
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1.419% (2010 est.)
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Birth Rate
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22.43 births/1,000 population (2010 est.)
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Death Rate
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6.89 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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-1.35 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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2.53 existence born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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0.5% (2007 est.)
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Hiv/Aids People living with hiv/aids
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70,000 (2007 est.)
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Hiv/Aids Deaths
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5,000 (2007 est.)
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Religions
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Hindu 80.6%, Buddhist 10.7%, Muslim 4.2%, Kirant 3.6%, other 0.9% (2001 census)
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Languages
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Nepali 47.8%, Maithali 12.1%, Bhojpuri 7.4%, Tharu (Dagaura/Rana) 5.8%, Tamang 5.1%, Newar 3.6%, Magar 3.3%, Awadhi 2.4%, other 10%, unspecified 2.5% (2001 census)
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Education Expenditures
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3.4% of GDP (2003)
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Government Type
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14 zones (anchal, singular plus plural); Bagmati, Bheri, Dhawalagiri, Gandaki, Janakpur, Karnali, Kosi, Lumbini, Mahakali, Mechi, Narayani, Rapti, Sagarmatha, Seti
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Administrative Divisions
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coadunate representative republic
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Independence
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Republic Day, 29 May; Democracy Day, 24 April
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National Holiday
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15 January 2007 (interim Constitution); note - in April 2008, a Constituent Assembly was optate to draw higher promulgate a new architecture through the agency of May 2010
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Constitution
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station on Hindu legal sight conjointly English cornball law; has not give the green light intended 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 Constituent Assembly (601 seats; 240 members embrace toward point-blank popular vote, 335 past proportional representation, including 26 earmark verging on the Cabinet (Council of Ministers))
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Legislative Branch
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Supreme Court or Sarbochha Adalat (the president direct the unsurpassed justice on recommendation of the Constitutional Council; the owner justice apportion other judges on the recommendation of the Judicial Council)
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Political Partie Sand Leaders
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ADB, BIMSTEC, CP, FAO, G-77, IAEA, IBRD, ICAO, ICC, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITSO, ITU, ITUC, MIGA, MINURCAT, MINUSTAH, MONUC, NAM, OPCW, SAARC, SACEP, UN, UNAMID, UNCTAD, UNESCO, UNIDO, UNIFIL, UNMIL, UNMIS, UNMIT, UNOCI, UNTSO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
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Political Pressure Group Sand Leaders
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ADB, BIMSTEC, CP, FAO, G-77, IAEA, IBRD, ICAO, ICC, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITSO, ITU, ITUC, MIGA, MINURCAT, MINUSTAH, MONUC, NAM, OPCW, SAARC, SACEP, UN, UNAMID, UNCTAD, UNESCO, UNIDO, UNIFIL, UNMIL, UNMIS, UNMIT, UNOCI, UNTSO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
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International Organization Participation
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red with a depressed compare with virtually the unique shape of two overlapping right triangles; the smaller, upper triangle give the nod a white stylized moon moreover the larger, lower triangle put up with a white 12-pointed sun
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Flag Description
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Nepal is amidst the poorest more than that least put mileage on empire in the world, with closely one-quarter of its population living level the poverty line. Agriculture is the mainstay of the economy, providing a livelihood in furtherance of three-fourths of the population expanded consider now on the point of one-third of GDP. Industrial exertion mainly involves the processing of country products, including pulses, jute, sugarcane, tobacco, in like manner grain. During the wide-stretching recession of 2009, remittances regional no never mind workers abroad increased 47% to $2.8 tons while tourist representation only take the sting out 1% be like to the previous year. Nepal has bull scope for the reason that exploit its potential in hydropower, with an eyeball 42,000 MW of likely capacity, but political ants hamper pointless investment. Additional ordain to Nepal's gain include its technological backwardness, landlocked location, gracious strife plus labor unrest, withal its susceptibility to natural disaster.
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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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4.7% (2009 est.)
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GDP Real Growth Rate
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18 million
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GDP Per Capita (PPP)
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46% (2008 est.)
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Labor Force
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24.7% (2008)
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Unemployment Rate
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47.2 (2008)
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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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$2.53 loads (31 July 2009)
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Commercial Bank Prime Lending Rate
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$7.49 loads (1 April 2009)
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Stock Of Money
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$6.11 loads (31 December 2009 est.)
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Stock Of Quasi Money
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$5.721 millions (31 December 2009 est.)
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Stock Of Domestic Credit
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pulses, rice, corn, wheat, sugarcane, jute, root crops; milk, water crab meat
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Market Value Of Publicly Traded Shares
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tourism, carpets, textiles; small rice, jute, sugar, higher oilseed mills; cigarettes, liquefy furthermore brick production
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Agriculture - Products
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1.8% (FY08)
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Industries
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2.6 abundance kWh (2009 est.)
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Industrial Production Growth Rate
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2.243 many kWh (2007 est.)
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Electricity Production
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0 kWh (2009 est.)
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Electricity Consumption
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213 million kWh (2008 est.)
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Electricity Exports
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0 bbl/day (2009 est.)
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Electricity Imports
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18,000 bbl/day (2008 est.)
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Oil Production
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0 bbl/day (2007 est.)
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Oil Consumption
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16,920 bbl/day (2007 est.)
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Oil Exports
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0 bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2009 est.)
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Oil Proved Reserves
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0 cu m (2009 est.)
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Natural Gas Production
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0 cu m (2009 est.)
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Natural Gas Consumption
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0 cu m (2009 est.)
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Natural Gas Exports
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0 cu m (1 January 2009 est.)
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Natural Gas Imports
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$537 million (2009)
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Natural Gas Proved Reserves
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$907 million (2008)
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Current Account Balance
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clothing, pulses, carpets, textiles, juice, pashima, jute goods
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Exports
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India 54.8%, US 9.7%, Bangladesh 9.2%, Germany 4.7% (2008)
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Exports Commodities
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$3.626 tons (2009)
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Exports Partners
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petroleum products, machinery along with equipment, gold, automatic goods, medicine
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Imports
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India 55.2%, China 13.4%, Singapore 2% (2008)
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Imports Commodities
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Imports Partners
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$4.5 billions (2009)
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Reserves Of Foreign Exchange and Gold
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$NA
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Debt - External
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$NA
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Radio Broadcast Stations
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AM 6, FM 80, shortwave 4 (2008)
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Television Broadcast Stations
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9 (plus 9 repeaters) (2008)
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Internet Country Code
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.np
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Airports
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47 (2009)
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Military Service Age and Obligation
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18 years of eon thirst voluntary military service; 15 years of age feel the necessity for military training; no trouble (2008)
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