Illicit drugs: major cocaine transshipment point and major drug money-laundering center; no recent signs of coca cultivation; monitoring of financial transactions is improving; official corruption remains a major problem; Panama was cited by the Financial Action Task Force (FATF) an international organization that includes the US Government, for its lack of cooperation in the fight against international money laundering

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@Papua New Guinea

Papua New Guinea Introduction

Background: The eastern half of the island of New Guinea - second largest in the world - was divided between Germany (north) and the UK (south) in 1885. The latter area was transferred to Australia in 1902, which occupied the northern portion during World War I and continued to administer the combined areas until independence in 1975. A nine-year secessionist revolt on the island of Bougainville ended in 1997, after claiming some 20,000 lives.

Papua New Guinea Geography

Location: Southeastern Asia, group of islands including the eastern half of the island of New Guinea between the Coral Sea and the South Pacific Ocean, east of Indonesia

Geographic coordinates: 6 00 S, 147 00 E

Map references: Oceania

Area: total: 462,840 sq km