Friday, August 6, 2010

Chile, Peru Seek Agreement on Arms Deals

Chile and Peru, which have been at odds over their borders and Chile's military spending, are cooperating on a joint agreement on weapons acquisitions. The two governments would disclose weapons programs to each other and set agreements on their defense purchases under a diplomatic effort now underway. Last month, the defense ministers of both nations met in July in the first step toward such an agreement. They are to meet again this month in Lima. The pact would be similar to one Chile already has with Argentina. Peru has repeatedly complained about Chile's arms modernization over the past decade. Economic difficulties forced Peru to cut back its defense budget, and only in recent years has begun to upgrade its forces. In 2008, it filed a case in the World Court seeking to expand its territorial waters into areas that today belong to Chile.

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