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Monday, March 22

New (big) toys for the Peruvian Navy

Peru purchases four frigates: "Peruvian analysts and media point out that the purchase of frigates is with the purpose of maintaining a “strategic balance” with neighbouring Chile that has acquired several high technology units as part of its fleet renewal process." MercoPress Defense spending has been sharply curtailed since Fujimori left power so it's not surprising that expenditures start to pick up. The Navy was never one of Fujimori's favorites either so they probably have been underfunded for some time.



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