The Treaty of Lima solved the dispute between Peru and Chile regarding the status of the chilean administered territories of Tacna and Arica. 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 6 millions dollars in compensation to Peru.

The Treaty was signed on June 3, 1929 in the City of Lima by then Peruvian Representative Jose Rada y Gamio and Chilean Representaty Emiliano Figueroa Larrain.

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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article Treaty_of_Lima

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