Why in the news?
- Paraguay, in a submission at the WTO, have questioned India’s decision to raise Minimum Support Price (MSP) for rice in 2025.
- Location: Paraguay is a landlocked nation in south-central South America.
- Capital: Asunción
- Bordering Countries: Bolivia, Brazil, and Argentina.
- Major River: Paraguay
- Major Landforms
- Eastern Paraguay is part of the Brazilian Plateau.