Juan Velasco Alvarado lowest amount of arable land per capita in South America, according to scholar Jay Cristobal. Less than 2% of the Peruvian territory is arable land, with 98% of the territory composed of arid desert with little rain, harsh mountains with very steep terrain, or wild Amazon forest. The deposed Belaúnde administration had attempted to implement a milder agrarian reform program, but it was defeated in Congress by the APRA-UNO coalition with support of the major landowners. Within this framework, the Velasco administration engaged in an aggressive program of import substitution industrialization, imposing tight foreign exchange and trade controls. The success
First presidency of Fernando Belaúnde having the will to carry out social reforms that were considered necessary. First presidency of Fernando Belaúnde The first term of Fernando Belaúnde Terry started July 28, 1963 and culminated in the coup Juan Velasco Alvarado on October 3, 1968. The presidency started on July 28, 1963. At Belaúnde's inauguration in the Legislative Palace, the President of the Senate, Julio de la Piedra gave him the presidential sash, followed by, the first vice president Edgardo Seoane's oath. The ceremony was attended by representatives of 41 states, among them being the Minister of Information and Tourism of Spain, Manuel Fraga. He