Juan Velasco Alvarado Peruvian plans were revisionistic scholar Kalevi J. Holsti claim more important issues behind were the "ideological incompatibility" between the regimes of Velasco Alvarado and Pinochet and that Peru would have been concerned about Pinochet's geopolitical views on Chile's need of naval hegemony in the Southeastern Pacific. Economic difficulties such as inflation, unemployment, food shortages and increased political opposition after the 1974 crackdown on the press ultimately increased pressures on the Velasco Administration and led to its downfall. On August 29, 1975, a number of prominent military commanders initiated a coup in the southern city of Tacna, nicknamed " El Tacnazo".
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