Independence of Paraguay Plata with a capital city in Buenos Aires. It included parts of modern-day Argentina, Bolivia, Uruguay and Rio Grande do Sul. In 1782 a system of municipalities was introduced. The municipality of Paraguay had only one town with city status – Asuncion. During the era of the Napoleonic Peninsula War, when mainland Spain was allied with and later occupied by the French, The British Empire attempted to take control of the Viceroyalty by launching the River Plate invasions, occupying Buenos Aires and neighbouring parts of the Río de la Plata in 1806 and 1807. Paraguayan units led by Governor Velasco
Economy of Paraguay half, the Chaco, virgin forest is lost to cattle ranching at an annual rate of more than 200.000 hectare (2008). Sustainable wood cultivation is now on the increase. The fishing industry in Paraguay exists almost solely to meet domestic demand. Unlike many South American countries, Paraguay has few mineral resources and very little history of mining success. Foreign companies have explored Paraguay in recent years, searching for overlooked mineral deposits. Small extraction projects exist, seeking lime, clay, and the raw materials necessary to make cement, but the country's iron and steel manufacturers must import raw materials from neighboring countries. In