Juan Velasco Alvarado Velasco at its helm as President. Velasco's administration articulated a desire to give justice to the poor through a regime of nationalization known as Peruanismo. Velasco's rule was characterized by left-leaning policies, which aimed to create a strong national industry to increase the international independence of Peru. To that end, he nationalised entire industries, expropriated companies in a wide range of activities from fisheries to mining to telecommunications to power production and consolidated them into single industry-centric government-run entities ("PescaPeru", "MineroPeru", "Petroperú", "SiderPeru","Centromin Peru", "ElectroPeru", "Enapu", "EnatruPeru", "Enafer", "Compañia Peruana de Telefonos", "EntelPeru", "Correos del Peru", etc.), and increased government
Provisional Revolutionary Government of the Republic of South Vietnam started a process of Vietnamization to allow the American Armed Forces to withdraw from Vietnam. One of the tenets of Vietnamization was responsible government in South Vietnam. To prevent the Americans from installing their own government, a conference was held on June 6–8, 1969, off Route 22 in Cambodia's Fishhook region. The Alliance as well as other groups met and formed the Provisional Revolutionary Government on June 8, 1969. According to Justice Minister Trương Như Tảng, the new group's main purpose was to help the Vietcong "acquire a new international stature." There were delegates from the NLF, the Alliance of