Treaty of Defensive Alliance (Bolivia–Peru) Treaty of Defensive Alliance (Bolivia–Peru) The Treaty of Defensive Alliance was a secret defense pact between the South American countries of Bolivia and Peru signed in the Peruvian capital of Lima on February 6, 1873. The document was composed of eleven central articles, outlining its necessity and stipulations, and one additional article that ordered to keep the treaty secret until it was deemed necessary by both contracting parties. The signatory states were represented by the Peruvian Minister of Foreign Affairs, José de la Riva-Agüero y Looz Corswaren, and the Bolivian Envoy Extraordinary and Minister Plenipotentiary in Peru, Juan de la
Economy of Peru and political stability, but it slowed again after the government delayed privatizations and as political uncertainty increased in 2000. President Alejandro Toledo has made investment promotion a priority of his government. While Peru was previously marked by terrorism, hyperinflation, and government intervention in the economy, the Government of Peru under former President Alberto Fujimori took the steps necessary to bring those problems under control. Democratic institutions, however, and especially the judiciary, remain weak. The Government of Peru's economic stabilization and liberalization program lowered trade barriers, eliminated restrictions on capital flows, and opened the economy to foreign investment, with the result