Argentina

INTRODUCTION:

Background:In 1816, the United Provinces of the Rio Plata declared their independence from Spain. After Bolivia, Paraguay, and Uruguay went their separate ways, the area that remained became Argentina. The country's population and culture were heavily shaped by immigrants from throughout Europe, with Italy and Spain providing the largest percentage of newcomers from 1860 to 1930. Up until about the mid-20th century, much of Argentina's history was dominated by periods of internal political conflict between Federalists and Unitarians and between civilian and military factions.

GEOGRAPHY:

Area: 2,780,400 sq km

Principle Export:

soybeans and derivatives, petroleum and gas, vehicles, corn, wheat.

Principle Import:

machinery, motor vehicles, petroleum and natural gas, organic chemicals, plastics.

Bolivia

INTRODUCTION:

Background:Bolivia, named after independence fighter Simon BOLIVAR, broke away from Spanish rule in 1825; much of its subsequent history has consisted of a series of nearly 200 coups and countercoups. Democratic civilian rule was established in 1982, but leaders have faced difficult problems of deep-seated poverty, social unrest, and illegal drug production.

GEOGRAPHY:

Area: 1,098,581 sq km

Principle Export:

natural gas, mineral ores, gold, soybeans and soy products, tin.

Principle Import:

machinery, petroleum products, vehicles, iron and steel, plastics.

Brazil

INTRODUCTION:

Background:Following more than three centuries under Portuguese rule, Brazil gained its independence in 1822, maintaining a monarchical system of government until the abolition of slavery in 1888 and the subsequent proclamation of a republic by the military in 1889. Brazilian coffee exporters politically dominated the country until populist leader Getulio VARGAS rose to power in 1930. By far the largest and most populous country in South America, Brazil underwent more than a half century of populist and military government until 1985, when the military regime peacefully ceded power to civilian rulers. Brazil continues to pursue industrial and agricultural growth and development of its interior. Exploiting vast natural resources and a large labor pool, it is today South America's largest economy and a regional leader. Pressing problems include high income inequality, crime, inflation, rising unemployment, and corruption.

GEOGRAPHY:

Area:8,515,770 sq km

Principle Export:

transport equipment, iron ore, soybeans, footwear, coffee, automobiles.

Principle Import:

machinery, electrical and transport equipment, chemical products, oil, automotive parts, electronics.

Chile

INTRODUCTION:

Background:Prior to the arrival of the Spanish in the 16th century, the Inca ruled northern Chile while the Mapuche inhabited central and southern Chile. Although Chile declared its independence in 1810, decisive victory over the Spanish was not achieved until 1818. In the War of the Pacific (1879-83), Chile defeated Peru and Bolivia and won its present northern regions. It was not until the 1880s that the Mapuche were brought under central government control. After a series of elected governments, the three-year-old Marxist government of Salvador ALLENDE was overthrown in 1973 by a military coup led by General Augusto PINOCHET, who ruled until a freely elected president was inaugurated in 1990. Sound economic policies, maintained consistently since the 1980s, contributed to steady growth, reduced poverty rates by over half, and helped secure the country's commitment to democratic and representative government. Chile has increasingly assumed regional and international leadership roles befitting its status as a stable, democratic nation.

GEOGRAPHY:

Area:756,102 sq km

Principle Export:

copper, fruit, fish products, paper and pulp, chemicals, wine.

Principle Import:

petroleum and petroleum products, chemicals, electrical and telecommunications equipment, industrial machinery, vehicles, natural gas.

Colombia

INTRODUCTION:

Background:Colombia was one of the three countries that emerged from the collapse of Gran Colombia in 1830 (the others are Ecuador and Venezuela). A five-decade-long conflict between government forces and antigovernment insurgent groups, principally the Revolutionary Armed Forces of Colombia (FARC) heavily funded by the drug trade, escalated during the 1990s. More than 31,000 former paramilitaries had demobilized by the end of 2006 and the United Self Defense Forces of Colombia as a formal organization had ceased to function. In the wake of the paramilitary demobilization, emerging criminal groups arose, whose members include some former paramilitaries. The insurgents lack the military or popular support necessary to overthrow the government, but continue attacks against civilians. Large areas of the countryside are under guerrilla influence or are contested by security forces. In November 2012, the Colombian Government started formal peace negotiations with the FARC aimed at reaching a definitive bilateral cease-fire and incorporating demobilized FARC members into mainstream society and politics. The Colombian Government has stepped up efforts to reassert government control throughout the country, and now has a presence in every one of its administrative departments. Despite decades of internal conflict and drug related security challenges, Colombia maintains relatively strong democratic institutions characterized by peaceful, transparent elections and the protection of civil liberties.

GEOGRAPHY:

Area: 1,138,910 sq km

Principle Export:

petroleum, coal, emeralds, coffee, nickel, cut flowers, bananas, apparel.

Principle Import:

industrial equipment, transportation equipment, consumer goods, chemicals, paper products, fuels, electricity.

Costa Rica

INTRODUCTION:

Background:Although explored by the Spanish early in the 16th century, initial attempts at colonizing Costa Rica proved unsuccessful due to a combination of factors, including disease from mosquito-infested swamps, brutal heat, resistance by natives, and pirate raids. It was not until 1563 that a permanent settlement of Cartago was established in the cooler, fertile central highlands. The area remained a colony for some two and a half centuries. In 1821, Costa Rica became one of several Central American provinces that jointly declared their independence from Spain. Two years later it joined the United Provinces of Central America, but this federation disintegrated in 1838, at which time Costa Rica proclaimed its sovereignty and independence. Since the late 19th century, only two brief periods of violence have marred the country's democratic development. In 1949, Costa Rica dissolved its armed forces. Although it still maintains a large agricultural sector, Costa Rica has expanded its economy to include strong technology and tourism industries. The standard of living is relatively high. Land ownership is widespread.

GEOGRAPHY:

Area:51,100 sq km

Principle Export:

bananas, pineapples, coffee, melons, ornamental plants, sugar; beef; seafood; electronic components, medical equipment.

Principle Import:

raw materials, consumer goods, capital equipment, petroleum, construction materials.

Cuba

INTRODUCTION:

Background:The native Amerindian population of Cuba began to decline after the European discovery of the island by Christopher COLUMBUS in 1492 and following its development as a Spanish colony during the next several centuries. Large numbers of African slaves were imported to work the coffee and sugar plantations, and Havana became the launching point for the annual treasure fleets bound for Spain from Mexico and Peru. Spanish rule eventually provoked an independence movement and occasional rebellions that were harshly suppressed. US intervention during the Spanish-American War in 1898 assisted the Cubans in overthrowing Spanish rule. The Treaty of Paris established Cuban independence from Spain in 1898 and, following three-and-a-half years of subsequent US military rule, Cuba became an independent republic in 1902 after which the island experienced a string of governments mostly dominated by the military and corrupt politicians. Fidel CASTRO led a rebel army to victory in 1959; his authoritarian rule held the subsequent regime together for nearly five decades. He stepped down as president in February 2008 in favor of his younger brother Raul CASTRO. Cuba's communist revolution, with Soviet support, was exported throughout Latin America and Africa during the 1960s, 1970s, and 1980s.

GEOGRAPHY:

Area: 110,860 sq km

Principle Export:

petroleum, nickel, medical products, sugar, tobacco, fish, citrus, coffee.

Principle Import:

petroleum, food, machinery and equipment, chemicals.

Dominican Republic

INTRODUCTION:

Background:The Taino - indigenous inhabitants of Hispaniola prior to the arrival of the Europeans - divided the island into five chiefdoms and territories. Christopher COLUMBUS explored and claimed the island on his first voyage in 1492; it became a springboard for Spanish conquest of the Caribbean and the American mainland. In 1697, Spain recognized French dominion over the western third of the island, which in 1804 became Haiti. The remainder of the island, by then known as Santo Domingo, sought to gain its own independence in 1821 but was conquered and ruled by the Haitians for 22 years; it finally attained independence as the Dominican Republic in 1844. In 1861, the Dominicans voluntarily returned to the Spanish Empire, but two years later they launched a war that restored independence in 1865. A legacy of unsettled, mostly non-representative rule followed, capped by the dictatorship of Rafael Leonidas TRUJILLO from 1930 to 1961. Juan BOSCH was elected president in 1962 but was deposed in a military coup in 1963. In 1965, the US led an intervention in the midst of a civil war sparked by an uprising to restore BOSCH. In 1966, Joaquin BALAGUER defeated BOSCH in the presidential election. BALAGUER maintained a tight grip on power for most of the next 30 years when international reaction to flawed elections forced him to curtail his term in 1996. Since then, regular competitive elections have been held in which opposition candidates have won the presidency. Former President Leonel FERNANDEZ Reyna (first term 1996-2000) won election to a new term in 2004 following a constitutional amendment allowing presidents to serve more than one term, and was later reelected to a second consecutive term. In 2012, Danilo MEDINA Sanchez was elected president.

GEOGRAPHY:

Area:48,670 sq km

Principle Export:

gold, silver, cocoa, sugar, coffee, tobacco, meats, consumer goods.

Principle Import:

petroleum, foodstuffs, cotton and fabrics, chemicals and pharmaceuticals.

Ecuador

INTRODUCTION:

Background:What is now Ecuador formed part of the northern Inca Empire until the Spanish conquest in 1533. Quito became a seat of Spanish colonial government in 1563 and part of the Viceroyalty of New Granada in 1717. The territories of the Viceroyalty - New Granada (Colombia), Venezuela, and Quito - gained their independence between 1819 and 1822 and formed a federation known as Gran Colombia. When Quito withdrew in 1830, the traditional name was changed in favor of the "Republic of the Equator." Between 1904 and 1942, Ecuador lost territories in a series of conflicts with its neighbors. A border war with Peru that flared in 1995 was resolved in 1999. Although Ecuador marked 30 years of civilian governance in 2004, the period was marred by political instability. Protests in Quito contributed to the mid-term ouster of three of Ecuador's last four democratically elected presidents. In late 2008, voters approved a new constitution, Ecuador's 20th since gaining independence. General elections were held in February 2013, and voters reelected President Rafael CORREA.

GEOGRAPHY:

Area:283,561 sq km

Principle Export:

petroleum, bananas, cut flowers, shrimp, cacao, coffee, wood, fish.

Principle Import:

industrial materials, fuels and lubricants, nondurable consumer goods.

El Salvador

INTRODUCTION:

Background:El Salvador achieved independence from Spain in 1821 and from the Central American Federation in 1839. A 12-year civil war, which cost about 75,000 lives, was brought to a close in 1992 when the government and leftist rebels signed a treaty that provided for military and political reforms.

GEOGRAPHY:

Area:21,041 sq km

Principle Export:

offshore assembly exports, coffee, sugar, textiles and apparel, gold, ethanol, chemicals, electricity, iron and steel manufactures.

Principle Import:

raw materials, consumer goods, capital goods, fuels, foodstuffs, petroleum, electricity.

Guatemala

INTRODUCTION:

Background:The Maya civilization flourished in Guatemala and surrounding regions during the first millennium A.D. After almost three centuries as a Spanish colony, Guatemala won its independence in 1821. During the second half of the 20th century, it experienced a variety of military and civilian governments, as well as a 36-year guerrilla war. In 1996, the government signed a peace agreement formally ending the internal conflict, which had left more than 200,000 people dead and had created, by some estimates, about 1 million refugees.

GEOGRAPHY:

Area:108,889 sq km

Principle Export:

sugar, coffee, petroleum, apparel, bananas, fruits and vegetables, cardamom, manufacturing products, precious stones and metals, electricity.

Principle Import:

fuels, machinery and transport equipment, construction materials, grain, fertilizers, electricity, mineral products, chemical products, plastic materials and products.

Haiti

INTRODUCTION:

Background:The native Taino - who inhabited the island of Hispaniola when it was discovered by Christopher COLUMBUS in 1492 - were virtually annihilated by Spanish settlers within 25 years. In the early 17th century, the French established a presence on Hispaniola. In 1697, Spain ceded to the French the western third of the island, which later became Haiti. The French colony, based on forestry and sugar-related industries, became one of the wealthiest in the Caribbean but only through the heavy importation of African slaves and considerable environmental degradation. In the late 18th century, Haiti's nearly half million slaves revolted under Toussaint L'OUVERTURE. After a prolonged struggle, Haiti became the first post-colonial black-led nation in the world, declaring its independence in 1804. Currently the poorest country in the Western Hemisphere, Haiti has experienced political instability for most of its history. After an armed rebellion led to the forced resignation and exile of President Jean-Bertrand ARISTIDE in February 2004, an interim government organized new elections under the auspices of the UN. Continued instability and technical delays prompted repeated postponements, but Haiti inaugurated a democratically elected president and parliament in May 2006. This was followed by contested elections in 2010 that resulted in the election of Haiti's current President, Michel MARTELLY. A massive magnitude 7.0 earthquake struck Haiti in January 2010 with an epicenter about 25 km (15 mi) west of the capital, Port-au-Prince. Estimates are that over 300,000 people were killed and some 1.5 million left homeless. The earthquake was assessed as the worst in this region over the last 200 years.

GEOGRAPHY:

Area:27,750 sq km

Principle Export:

apparel, manufactures, oils, cocoa, mangoes, coffee.

Principle Import:

food, manufactured goods, machinery and transport equipment, fuels, raw materials.

Honduras

INTRODUCTION:

Background:Once part of Spain's vast empire in the New World, Honduras became an independent nation in 1821. After two and a half decades of mostly military rule, a freely elected civilian government came to power in 1982. During the 1980s, Honduras proved a haven for anti-Sandinista contras fighting the Marxist Nicaraguan Government and an ally to Salvadoran Government forces fighting leftist guerrillas. The country was devastated by Hurricane Mitch in 1998, which killed about 5,600 people and caused approximately $2 billion in damage. Since then, the economy has slowly rebounded.

GEOGRAPHY:

Area:112,090 sq km

Principle Export:

coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber.

Principle Import:

communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs.

Mexico

INTRODUCTION:

Background:The site of several advanced Amerindian civilizations - including the Olmec, Toltec, Teotihuacan, Zapotec, Maya, and Aztec - Mexico was conquered and colonized by Spain in the early 16th century. Administered as the Viceroyalty of New Spain for three centuries, it achieved independence early in the 19th century. Elections held in 2000 marked the first time since the 1910 Mexican Revolution that an opposition candidate - Vicente FOX of the National Action Party (PAN) - defeated the party in government, the Institutional Revolutionary Party (PRI). He was succeeded in 2006 by another PAN candidate Felipe CALDERON, but Enrique PENA NIETO regained the presidency for the PRI in 2012. The global financial crisis in late 2008 caused a massive economic downturn in Mexico the following year, although growth returned quickly in 2010. Ongoing economic and social concerns include low real wages, high underemployment, inequitable income distribution, and few advancement opportunities for the largely indigenous population in the impoverished southern states. Since 2007, Mexico's powerful drug-trafficking organizations have engaged in bloody feuding, resulting in tens of thousands of drug-related homicides.

GEOGRAPHY:

Area:1,964,375 sq km

Principle Export:

manufactured goods, oil and oil products, silver, fruits, vegetables, coffee, cotton.

Principle Import:

metalworking machines, steel mill products, agricultural machinery, electrical equipment, automobile parts for assembly and repair, aircraft, aircraft parts.

Nicaragua

INTRODUCTION:

Background:The Pacific coast of Nicaragua was settled as a Spanish colony from Panama in the early 16th century. Independence from Spain was declared in 1821 and the country became an independent republic in 1838. Britain occupied the Caribbean Coast in the first half of the 19th century, but gradually ceded control of the region in subsequent decades. Violent opposition to governmental manipulation and corruption spread to all classes by 1978 and resulted in a short-lived civil war that brought the Marxist Sandinista guerrillas to power in 1979. Nicaraguan aid to leftist rebels in El Salvador prompted the US to sponsor anti-Sandinista contra guerrillas through much of the 1980s. After losing free and fair elections in 1990, 1996, and 2001, former Sandinista President Daniel ORTEGA Saavedra was elected president in 2006 and reelected in 2011. The 2008 municipal elections, 2010 regional elections, 2011 presidential election, 2012 municipal elections, and 2013 regional elections were marred by widespread irregularities. Nicaragua's infrastructure and economy - hard hit by the earlier civil war and by Hurricane Mitch in 1998 - are slowly being rebuilt, but democratic institutions have been weakened under the ORTEGA administration.

GEOGRAPHY:

Area:130,370 sq km

Principle Export:

coffee, beef, gold, sugar, peanuts, shrimp and lobster, tobacco, cigars, automobile wiring harnesses, textiles, apparel, cotton.

Principle Import:

consumer goods, machinery and equipment, raw materials, petroleum products.

Panama

INTRODUCTION:

Background:Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Colombia, Ecuador, and Venezuela - named the Republic of Gran Colombia. When the latter dissolved in 1830, Panama remained part of Colombia. With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Army Corps of Engineers between 1904 and 1914. In 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of the century. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the subsequent decades. With US help, dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were transferred to Panama by the end of 1999. In October 2006, Panamanians approved an ambitious plan (estimated to cost $5.3 billion) to expand the Canal. The project, which began in 2007 and could double the Canal's capacity, is expected to be completed in 2016.

GEOGRAPHY:

Area:75,420 sq km

Principle Export:

fruit and nuts, fish, iron and steel waste, wood.

Principle Import:

fuels, machinery, vehicles, iron and steel rods, pharmaceuticals.

Paraguay

INTRODUCTION:

Background:Paraguay achieved its independence from Spain in 1811. In the disastrous War of the Triple Alliance (1865-70) - between Paraguay and Argentina, Brazil, and Uruguay - Paraguay lost two-thirds of its adult males and much of its territory. The country stagnated economically for the next half century. Following the Chaco War of 1932-35 with Bolivia, Paraguay gained a large part of the Chaco lowland region. The 35-year military dictatorship of Alfredo STROESSNER ended in 1989, and, despite a marked increase in political infighting in recent years, Paraguay has held relatively free and regular presidential elections since the country's return to democracy.

GEOGRAPHY:

Area:406,752 sq km

Principle Export:

soybeans, livestock feed, cotton, meat, edible oils, wood, leather.

Principle Import:

road vehicles, consumer goods, tobacco, petroleum products, electrical machinery, tractors, chemicals, vehicle parts.

Peru

INTRODUCTION:

Background:Ancient Peru was the seat of several prominent Andean civilizations, most notably that of the Incas whose empire was captured by Spanish conquistadors in 1533. Peruvian independence was declared in 1821, and remaining Spanish forces were defeated in 1824. After a dozen years of military rule, Peru returned to democratic leadership in 1980, but experienced economic problems and the growth of a violent insurgency. President Alberto FUJIMORI's election in 1990 ushered in a decade that saw a dramatic turnaround in the economy and significant progress in curtailing guerrilla activity. Nevertheless, the president's increasing reliance on authoritarian measures and an economic slump in the late 1990s generated mounting dissatisfaction with his regime, which led to his resignation in 2000. A caretaker government oversaw a new election in the spring of 2001, which installed Alejandro TOLEDO Manrique as the new head of government - Peru's first democratically elected president of indigenous ethnicity. The presidential election of 2006 saw the return of Alan GARCIA Perez who, after a disappointing presidential term from 1985 to 1990, oversaw a robust economic rebound. In June 2011, former army officer Ollanta HUMALA Tasso was elected president; he has carried on the sound, market-oriented economic policies of the three preceding administrations.

GEOGRAPHY:

Area:1,285,216 sq km

Principle Export:

copper, gold, lead, zinc, tin, iron ore, molybdenum, silver; crude petroleum and petroleum products, natural gas; coffee, asparagus and other vegetables, fruit, apparel and textiles, fishmeal, fish, chemicals, fabricated metal products and machinery, alloys.

Principle Import:

petroleum and petroleum products, chemicals, plastics, machinery, vehicles, TV sets, power shovels, front-end loaders, telephones and telecommunication equipment, iron and steel, wheat, corn, soybean products, paper, cotton, vaccines and medicines.

Puerto Rico (US)

INTRODUCTION:

Background:Populated for centuries by aboriginal peoples, the island was claimed by the Spanish Crown in 1493 following Christopher COLUMBUS' second voyage to the Americas. In 1898, after 400 years of colonial rule that saw the indigenous population nearly exterminated and African slave labor introduced, Puerto Rico was ceded to the US as a result of the Spanish-American War. Puerto Ricans were granted US citizenship in 1917. Popularly elected governors have served since 1948. In 1952, a constitution was enacted providing for internal self government. In plebiscites held in 1967, 1993, and 1998, voters chose not to alter the existing political status with the US, but the results of a 2012 vote left open the possibility of American statehood. Economic recession on the island has led to a net population loss since about 2005, as large numbers of residents moved to the US mainland. The trend has accelerated since 2010; in 2014, Puerto Rico experienced a net population loss to the mainland of 64,000, more than double the net loss of 26,000 in 2010.

GEOGRAPHY:

Area:13,791 sq km

Principle Export:

chemicals, electronics, apparel, canned tuna, rum, beverage concentrates, medical equipment.

Principle Import:

chemicals, machinery and equipment, clothing, food, fish, petroleum products.

Saint Barthlemy

INTRODUCTION:

Background:Discovered in 1493 by Christopher COLUMBUS who named it for his brother Bartolomeo, Saint Barthelemy was first settled by the French in 1648. In 1784, the French sold the island to Sweden, which renamed the largest town Gustavia, after the Swedish King GUSTAV III, and made it a free port; the island prospered as a trade and supply center during the colonial wars of the 18th century. France repurchased the island in 1877 and took control the following year. It was placed under the administration of Guadeloupe. Saint Barthelemy retained its free port status along with various Swedish appellations such as Swedish street and town names, and the three-crown symbol on the coat of arms. In 2003 the islanders voted to secede from Guadeloupe, and in 2007 the island became a French overseas collectivity. In 2012, it became an overseas territory of the EU, allowing it to exert local control over the permanent and temporary immigration of foreign workers including non-French European citizens.

GEOGRAPHY:

Area:21 sq km

Saint Martin

INTRODUCTION:

Background:Although sighted by Christopher COLUMBUS in 1493 and claimed for Spain, it was the Dutch who occupied the island in 1631 and set about exploiting its salt deposits. The Spanish retook the island in 1633, but continued to be harassed by the Dutch. The Spanish finally relinquished Saint Martin to the French and Dutch, who divided it between themselves in 1648. Friction between the two sides caused the border to frequently fluctuate over the next two centuries, with the French eventually holding the greater portion of the island (about 57%). The cultivation of sugar cane introduced African slavery to the island in the late 18th century; the practice was not abolished until 1848. The island became a free port in 1939; the tourism industry was dramatically expanded during the 1970s and 1980s. In 2003, the populace of Saint Martin voted to secede from Guadeloupe and in 2007, the northern portion of the island became a French overseas collectivity. In 2010, the southern Dutch portion of the island became the independent nation of Sint Maarten within the Kingdom of the Netherlands.

GEOGRAPHY:

Area:54.4 sq km

Principle Import:

crude petroleum, food, manufactured items.

Uruguay

INTRODUCTION:

Background:Montevideo, founded by the Spanish in 1726 as a military stronghold, soon took advantage of its natural harbor to become an important commercial center. Claimed by Argentina but annexed by Brazil in 1821, Uruguay declared its independence four years later and secured its freedom in 1828 after a three-year struggle. The administrations of President Jose BATLLE in the early 20th century launched widespread political, social, and economic reforms that established a statist tradition. A violent Marxist urban guerrilla movement named the Tupamaros, launched in the late 1960s, led Uruguay's president to cede control of the government to the military in 1973. By yearend, the rebels had been crushed, but the military continued to expand its hold over the government. Civilian rule was not restored until 1985. In 2004, the left-of-center Frente Amplio Coalition won national elections that effectively ended 170 years of political control previously held by the Colorado and Blanco parties. Uruguay's political and labor conditions are among the freest on the continent.

GEOGRAPHY:

Area:176,215 sq km

Principle Export:

beef, soybeans, cellulose, rice, wheat, wood, dairy products; wool.

Principle Import:

refined oil, crude oil, passenger and other transportation vehicles, vehicle parts, cellular phones.

Venezuela

INTRODUCTION:

Background:Venezuela was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Ecuador and New Granada, which became Colombia). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically elected governments have held sway since 1959. Under Hugo CHAVEZ, president from 1999 to 2013, and his hand-picked successor, President Nicolas MADURO, the executive branch has exercised increasingly authoritarian control over other branches of government. At the same time, democratic institutions have deteriorated, threats to freedom of expression have increased, and political polarization has grown. The ruling party's economic policies have expanded the state's role in the economy through expropriations of major enterprises, strict currency exchange and price controls that discourage private sector investment and production, and overdependence on the petroleum industry for revenues, among others. Current concerns include: an increasingly politicized military, rampant violent crime, high inflation, and widespread shortages of basic consumer goods, medicine, and medical supplies. Venezuela assumed a nonpermanent seat on the UN Security Council for the 2015-16 term.

GEOGRAPHY:

Area:912,050 sq km

Principle Export:

petroleum and petroleum products, bauxite and aluminum, minerals, chemicals, agricultural products.

Principle Import:

agricultural products, livestock, raw materials, machinery and equipment, transport equipment, construction materials, medical equipment, petroleum products, pharmaceuticals, chemicals, iron and steel products.