The UN's
highest court has created a new maritime boundary between Peru and Chile,
ending a long-running dispute over fish-rich sea. Peru was handed a chunk of
Pacific Ocean but Chile kept valuable coastal fishing areas.
The ruling
by the Hague-based International Court of Justice draws a line over which
country owns some 38,000 square kilometers (14,670 square miles) of ocean in a
zone extending to the boundaries of each country's territorial waters.
The UN
court's verdict, read out by its president, Peter Tomka, is considered a
compromise between the positions of both countries on how the border should be
delineated. The zone includes one of the world's richest fishing areas, with an
annual catch estimated by the Peruvian government to be worth $200 million (146
million euros).
Tomka
confirmed Chile's sovereignty over waters up to 80 nautical miles (92 land
miles, 148 kilometers) from the coast, but the verdict significantly enlarges
Peru's sovereignty over waters previously held by Chile - a large chunk of
ocean beyond that point.
The
Peruvian government had brought the case before the court. In Lima, Peruvian
supporters watched the final ruling being read out on a television screen in
the yard of the Government Palace [seen above].
Nelson
Manrique, a Peruvian historian and columnist, told the AP news agency the
decision was an "intelligent verdict" that was "not going to
please anyone but it's also not going to bring anyone to fits."
Verdict
implications
Chile had
feared that some 2,000 of its fisherman could lose their jobs if the verdict
had gone Peru's way. The bulk of the catch in the formerly disputed zone is an
anchovy species that is mostly converted into fish meal, which is used in
animal feed and fertilizers.
Peru and
Chile are the world's top two exporters of fish meal.


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