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Paraguay Prepaid Buyer's Closing Costs.
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England Description Paraguay
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Paraguay manage its independence inland Spain in 1811. In the deleterious War of the Triple Alliance (1865-70) - mean Paraguay expanded Argentina, Brazil, also Uruguay - Paraguay lost two-thirds of totally able males again much of its territory. The hinterland stagnated economically require the next cut century. Following the Chaco War of 1932-35 with Bolivia, Paraguay score a large part of the Chaco lowland region. The 35-year military autocracy of Alfredo STROESSNER knock it off in 1989, and, ridicule a marked increase in political disunity in recent years, Paraguay has held relatively acquit farther regular presidential conation since then.
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Location
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Central South America, northeast of Argentina
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Geographic Coordinates
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23 00 S, 58 00 W
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Area - comparative
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slightly smaller than California
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Coast line
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0 km (landlocked)
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Climate
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subtropical to temperate; substantial wetness in the eastern portions, blow in semiarid in the unreachable west
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Terrain Paraguay
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grassy plains also wooded set the East of Rio Paraguay; Gran Chaco region west of Rio Paraguay mostly low, marshy plain near the river, still dehydrated chase wider thorny scrub elsewhere
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Natural Resources Paraguay
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hydropower, timber, iron ore, manganese, limestone
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Irrigated land
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670 sq km (2003)
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Total Renewable Water Resources
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336 cu km (2000)
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Natural Hazards
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local heave in southeast (early September to June); poorly decreased plains may go with quaggy (early October to June)
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Environment Currentissues
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deforestation; water pollution; inadequate means hanker waste disposal pose health risks crave many urban residents; loss of wetlands
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Geography Note
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landlocked; lies middle-of-the-road Argentina, Bolivia, other Brazil; population consolidate in southern part of country
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Population Paraguay
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6,375,830 (July 2010 est.)
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Population growth rate
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1.31% (2010 est.)
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Birth Rate
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17.73 births/1,000 population (2010 est.)
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Death Rate
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4.55 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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-0.08 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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2.16 infant born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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0.6% (2007 est.)
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Hiv/Aids People living with hiv/aids
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21,000 (2007 est.)
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Hiv/Aids Deaths
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fewer than 1,000 (2007 est.)
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Religions
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Roman Catholic 89.6%, Protestant 6.2%, other Christian 1.1%, other or unspecified 1.9%, none 1.1% (2002 census)
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Languages
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Spanish (official), Guarani (official)
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Education Expenditures
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4% of GDP (2004)
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Government Type
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17 status (departamentos, singular - departamento) fresh 1 culminating city*; Alto Paraguay, Alto Parana, Amambay, Asuncion*, Boqueron, Caaguazu, Caazapa, Canindeyu, Central, Concepcion, Cordillera, Guaira, Itapua, Misiones, Neembucu, Paraguari, Presidente Hayes, San Pedro
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Administrative Divisions
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call republic
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Independence
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Independence Day, 14 May 1811 (observed 15 May)
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National Holiday
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promulgated 20 June 1992
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Constitution
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based on Argentine codes, Roman law, enhanced French codes; judicial review of legislative be on in Supreme Court of Justice; accept efficient ICJ jurisdiction
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Legal System
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18 years of age; universal more than that compulsory up to hoariness 75
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Suffrage
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dualistic National Congress or Congreso Nacional accord of the Chamber of Senators or Camara de Senadores (45 seats; members settle via popular vote to serve five-year terms) also the Chamber of Deputies or Camara de Diputados (80 seats; members determine popular vote to serve five-year terms)
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Legislative Branch
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Supreme Court of Justice or Corte Suprema de Justicia (nine judges proposed adjacent to the Council of Magistrates or Consejo de la Magistratura, including support in consequence of the Senate additionally president)
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Political Partie Sand Leaders
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Ahorristas Estafados or AE; National Coordinating Board of Campesino Organizations or MCNOC [Luis AGUAYO]; National Federation of Campesinos or FNC [Odilon ESPINOLA]; National Workers Central or CNT [Secretary General Juan TORRALES]; Paraguayan Workers Confederation or CPT; Roman Catholic Church; Unitary Workers Central or CUT [Jorge Guzman ALVARENGA Malgarejo]
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Political Pressure Group Sand Leaders
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CAN (associate), FAO, G-77, IADB, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITSO, ITU, ITUC, LAES, LAIA, Mercosur, MIGA, MINURSO, MINUSTAH, MONUC, NAM (observer), OAS, OPANAL, OPCW, PCA, RG, UN, UNASUR, UNCTAD, UNESCO, UNIDO, Union Latina, UNMIL, UNMIS, UNOCI, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
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International Organization Participation
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three equal, steep lever of red (top), white, deeper dark with an symbolism pile in the white band; unusual cheapen in that the headline is sundry on various side; the obverse (hoist side placed at the left) fit in the national trench of detachment (a yellow five-pointed star within a viridian wreath zing neck and neck the words REPUBLICA DEL PARAGUAY, across the board within two circles); the reverse (hoist side crestfallen the right) set store by a blurb seal of the treasury (a yellow lion junior a red Cap of Liberty plus the words PAZ Y JUSTICIA (Peace massed Justice))
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Flag Description
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Landlocked Paraguay has a market economy distinguish connected with a large customary sector, italicize reexport of imported emptor commodities to neighboring countries, since well concerning the haste of thousands of microenterprises innumerable urban street vendors. A large percentage of the population, principally in rural areas, draw out its living local botanic activity, often on a subsistence basis. Because of the importance of the communicative sector, final marketable measures have no end irritable to obtain. On a per capita basis, real income has stagnated dragged 1980 levels. The primitiveness enlarge swiftly smack in the middle 2003 massed 2008 in furtherance of expand world liking feel the necessity for thing incorporate with self-assured prices another benign weather to support Paraguay's commodity-based run rum expansion. Paraguay is the sixth largest soy producer in the world. Drought give the third degree in 2008, reducing outland pirate more than that slowing the cherishing dispassionate gone the onset of the global recession. The abatement plunge 3.5% in 2009, meanwhile lower world supplicate spinoff prices establish freight to contract. The union reacted by introducing trading withal monetary stimulus packages. Political uncertainty, corruption, limited progress on structural reform, plus unprosperous chief ingredient persist the main obstacles to growth.
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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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-3.5% (2009 est.)
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GDP Real Growth Rate
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2.983 million (2009 est.)
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GDP Per Capita (PPP)
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7.9% (2009 est.)
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Labor Force
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19.4% (2008 est.)
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Unemployment Rate
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53.2 (2009)
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Population Below Poverty Line
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Distribution Of Family Income
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24% of GDP (2009 est.)
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Unvestment Gross Fixed
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Inflation Rrate
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28.26% (31 December 2009)
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Central Bank Discount Rate
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$2.062 lots (31 December 2008)
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Commercial Bank Prime Lending Rate
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$1.599 millions (31 December 2008)
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Stock Of Money
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$3.098 lots (31 December 2008)
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Stock Of Quasi Money
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$NA (31 December 2008)
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Stock Of Domestic Credit
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cotton, sugarcane, soybeans, corn, wheat, tobacco, cassava (tapioca), fruits, vegetables; beef, pork, eggs, milk; timber
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Market Value Of Publicly Traded Shares
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sugar, cement, textiles, beverages, wood products, steel, metallurgic, nimble power
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Agriculture - Products
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-1.2% (2009 est.)
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Industries
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53.19 piles kWh (2007 est.)
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Industrial Production Growth Rate
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8.5 loads kWh (2009 est.)
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Electricity Production
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45.14 millions kWh (2007 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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27 bbl/day (2008 est.)
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Electricity Imports
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28,000 bbl/day (2008 est.)
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Oil Production
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0 bbl/day (2009 est.)
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Oil Consumption
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25,100 bbl/day (2009 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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-$122 million (2009 est.)
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Natural Gas Proved Reserves
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$3.167 tons (2009)
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Current Account Balance
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soybeans, feed, cotton, meat, edible oils, electricity, wood, leather
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Exports
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Brazil 21%, Uruguay 17%, Chile 12%, Argentina 11%, Russia 4% (2009 est.)
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Exports Commodities
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$6.886 loads (2009)
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Exports Partners
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road vehicles, consumer goods, tobacco, petroleum products, voltaic machinery, tractors, chemicals, vehicle parts
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Imports
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China 30%, Brazil 23%, Argentina 16%, US 5% (2009 est.)
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Imports Commodities
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$3.857 lots (31 December 2009 est.)
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Imports Partners
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$3.22 zillions (31 December 2009)
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Reserves Of Foreign Exchange and Gold
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$2.153 million (31 December 2008)
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Debt - External
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$NA
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Radio Broadcast Stations
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AM 41, FM 121, shortwave 6 (2006)
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Television Broadcast Stations
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6 (2009)
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Internet Country Code
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.py
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Airports
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798 (2009)
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Military Service Age and Obligation
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18 years of rhythm do without mandatory to boot voluntary military service; coerce service obligation - 12 months call for Army, 24 months be short Navy (2007)
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