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Peru-Chile border redrawn by UN court at The Hague | |
(about 7 hours later) | |
The United Nations' highest court has redrawn the maritime boundary between Peru and Chile after an acrimonious dispute between the two neighbours. | |
Judges at The Hague awarded Peru parts of the Pacific Ocean but kept rich fishing grounds in Chilean hands. | |
At stake were 38,000 square kilometres (14,670 square miles) of ocean and some of the world's richest fishing grounds. | |
In 2008, Peru asked the International Court of Justice to rule on the matter, saying the border was not legally set. | |
It wanted the boundary to extend roughly south-west, perpendicular to the point where the two countries' land border meets the ocean. | |
But Chile insisted it should extend from the coast parallel to the equator. | |
It cited treaties agreed in 1952 and 1954 which it said had settled the maritime boundary on that basis. | |
Both countries have pledged to abide by The Hague ruling. | |
Peruvian ex-President Alan Garcia welcomed the court decision as positive for Peru, saying: "We have gained something and we are happy." | |
BBC Mundo's Paula Molina in Chile said analysts there see it as the end of tensions between the two neighbours, which have maintained close economic ties despite the long disagreement. | |
Peru's fishing industry estimates that the disputed zone has an annual catch of 565m Peruvian nuevo soles ($200m; £121m), particularly of anchovies, which are used to make fishmeal. | |
Chile has promised financial help to its fishing industry in the event that the court decision affects it adversely. | |
Correspondents say that, with intense interest in the case in both countries, there was considerable national pride at stake too. | |
Some Peruvians saw the ruling as a chance to win back national pride and territory, after a humiliating defeat to Chile in the 19th Century. | |
In the 1879-1883 War of the Pacific, Chile took mineral-rich land from both Peru and Bolivia. | |
Bolivia lost its only outlet to the sea, and has also instituted proceedings against Chile at the ICJ. |