A ruling by the world’s highest court to end a century-long dispute between Peru and Chile over maritime boundaries will allow the neighbours to move on from the past and intensify rapidly growing economic ties. The long-awaited decision by the International Court of Justice gives Peru control over an extra 50,000 sq km of ocean, confirms Chile’s hold over fish-rich inshore waters – and sees Boliva now negotiating its claim for lost access to the sea.
<i>On January 27, 2014, the International Court of Justice ruled on a maritime border dispute brought to the court by Peru in 2008. The ruling is claimed as a victory for Peru, although the Chileans retain economic rights over a s...