Treaty_of_Lima_(1929)
Treaty of Lima (1929)
1929 treaty between Chile and Peru
The Tacna–Arica compromise or Treaty of Lima[lower-alpha 1] was a series of documents that settled the territorial dispute of both Tacna and Arica provinces of Peru and Chile respectively. According to the Treaty, the Tacna-Arica Territory was divided between both countries; Tacna being awarded to Peru and with Chile retaining sovereignty over Arica. Chile also agreed to pay up to US$6 million (about £1.23 million; equivalent to $106 million in 2023) in compensation to Peru. The Treaty was signed on 3 June 1929 in Lima by then-Peruvian Representative Pedro José Rada y Gamio and Chilean Representative Emiliano Figueroa Larrain.[1]
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