Chaco Armistice Day (Paraguay)

The Chaco War was fought from 1932 to 1935. It was between Bolivia and Paraguay over control of the northern part of the Gran Chaco region, which was thought to be rich in petroleum. The war is also referred to as La Guerra de la Sed, since it was fought in the semi-arid Chaco. It was the first South America war in which modern weapons were used, and also the bloodiest South America war of the 20th century — around 2% of the Bolivian population and 3% of Paraguayans were killed during the conflict.

Paraguay, officially the Republic of Paraguay, is a landlocked country located in the central region of South America. It is a unitary state with a territory composed of a capital district and seventeen departments. Its capital and largest city is Asunción. Paraguay is a presidential republic and a state governed by the rule of law. It is a founding member of Mercosur, along with Argentina, Brazil and Uruguay.