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.

Paraguay

  • 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.