Alberto Fujimori peace agreement with Ecuador over a border dispute that had simmered for more than a century. The treaty allowed the two countries to obtain international funds for developing the border region. Fujimori also settled some issues with Chile, Peru's southern neighbor, which had been unresolved since the 1929 Treaty of Lima. The 1995 election was the turning point in Fujimori's career. Peruvians began to be more concerned about freedom of speech and the press. However, before he was sworn in for a second term, Fujimori stripped two universities of their autonomy and reshuffled the national electoral board. This led his
Alberto Fujimori perceived as a term of affection. With his election victory, he became just the second person of East Asian descent to become head of government of a Latin American nation, after Fulgencio Batista of Cuba and the third of East Asian descent to govern a South American state, after Arthur Chung of Guyana and Henk Chin A Sen of Suriname (each of whom had served as head of state, rather than head of government). During his first term in office, Fujimori enacted wide-ranging neoliberal reforms, known as Fujishock. During the presidency of Alan García, the economy had entered a period