Illicit drugs:
minor transit point for heroin and hashish via air routes and
container traffic to Europe, especially from Lebanon and Turkey;
some cocaine transits as well; despite a strengthening of
anti-money-laundering legislation, remains vulnerable to money
laundering; reporting of suspicious transactions in offshore sector
remains weak

This page was last updated on 8 February, 2007

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@Czech Republic

Introduction Czech Republic

Background:
Following the First World War, the closely related Czechs and
Slovaks of the former Austro-Hungarian Empire merged to form
Czechoslovakia. During the interwar years, the new country's leaders
were frequently preoccupied with meeting the demands of other ethnic
minorities within the republic, most notably the Sudeten Germans and
the Ruthenians (Ukrainians). After World War II, a truncated
Czechoslovakia fell within the Soviet sphere of influence. In 1968,
an invasion by Warsaw Pact troops ended the efforts of the country's
leaders to liberalize Communist party rule and create "socialism
with a human face." Anti-Soviet demonstrations the following year
ushered in a period of harsh repression. With the collapse of Soviet
authority in 1989, Czechoslovakia regained its freedom through a
peaceful "Velvet Revolution." On 1 January 1993, the country
underwent a "velvet divorce" into its two national components, the
Czech Republic and Slovakia. The Czech Republic joined NATO in 1999
and the European Union in 2004.

Geography Czech Republic

Location:
Central Europe, southeast of Germany

Geographic coordinates:
49 45 N, 15 30 E

Map references:
Europe