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What is Chaco War: Paraguay vs. Bolivia (1932-1935) about?

The Chaco War (1932-1935) was a significant conflict between Paraguay and Bolivia over the Chaco Boreal region, believed to contain oil reserves. The war ended with a peace treaty in 1938, granting Paraguay approximately 230,000 square kilometers of territory and Bolivia access to the Paraguay River. The conflict resulted in numerous casualties and economic crises for both nations.

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