Peru gets more ocean, Chile keeps fishing grounds

Published January 28, 2014 12:41am ET



LIMA, Peru (AP) — The United Nations’ highest court set a maritime boundary between Chile and Peru on Monday that grants Peruvians a bigger piece of the Pacific Ocean while keeping rich coastal fishing grounds in the hands of Chilean industry.

Despite high emotions over the dispute, especially in Peru, the ruling is expected to have little effect on cordial ties between the two neighbors whose economic interdependence has grown greatly in recent years.

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