The IguasË?Falls, at a point on the Parana river where the borders of Paraguay, Argentina and Brazil meet, are the largest in the western hemisphere. They are in a region of tropical rain forests rich in timber. - - Forestry and Forest Industries Development. Paraguay is a land-locked country in central South America, bordered by Brazil, Argentina and Bolivia. More than half of it is covered with forests and forestry provides one of the country?s major economic resources. The United Nations Development Programme (UNDP) os aodomg the Government?s plans for the development of forestry and forest industries by funding a 5-year project which is being executed by UN/FAO. The various phases of the project include the preparation of a forest inventory over an area of about 3 million hectares; the expansion of commercial forest industries and strengthening the activities of the Forest Demonstration Centre in the Puerto Presidente Stroessner area. More than a million trees have so far been planted. Studies are also being made on such factors as forest land use and soils, methods of logging and wood transport and the location of promising zones for forest planting. By the time the project is concluded in 1971, counterpart staff will have been trained to assume responsibility for the demonstration, experimental and organisational work.