Great Military Parade of Peru alumni from the Leoncio Prado Military Academy. Great Military Parade of Peru On July 29 every year, the Great Military Parade of Peru celebrating the anniversary of Peru's declaration of independence from Spain in 1821 is held in Lima, the national capital, by members of the Peruvian Armed Forces and the National Police of Peru and is presided over by the President of Peru and his First Family, members of the Council of Ministers of Peru and the Congress of the Republic of Peru, other civil officials, ecclesiastical leaders, the Diplomatic Corps of Peru, and other invited guests, among them
Mineral industry of Peru No. 868 of May 1996 (Texto Unico Official) provide guaranteed protections to mining ventures and contracts under the Peruvian Civil Code. Consequently, such ventures and contracts are immune from unilateral changes by any governmental authority in Peru without an appropriate legal or administrative remedy or arbitration by the Convenio Constitutivo del Centro Internacional de Arreglo de Differencias Relativas an Inversiones (Formal Consent of the International Center for Settlement of Relative Differences on Investments). Additionally, Peru enacted the Supreme Decree No. 047-2002-EF of April 2002 (import duties for capital goods) to reduce the duties paid to 7% from 20% and 12%