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JAN 28, 2014 - Huffington Post

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Maritime Boundary Set Between Chile And Peru

LIMA, Peru (AP) — The United Nations' highest court set a maritime boundary between Chile and Peru on Monday that grants Peruvians a bigger piece of the Pacific Ocean while keeping rich coastal fishing grounds in the hands of Chilean industry. Despite high emotions over the dispute, especially in Peru, the ruling is expected to have little effect on cordial ties between the two neighbors whose economic interdependence has grown greatly in recent years. Chile's outgoing president, Sebastian Pinera, called the International Court of Justice's ruling "a lamentable loss" in a nationally ... Read More

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