Belaunde takes office
Fernando Belaunde Terry assumed the presidency of Peru in 1963 pledging to implement land reform, but the APRA-UNO opposition systematically slowed these reforms, resulting in a very slow pace of land allocation during his administration.
When Belaunde assumed the presidency of the republic in 1963, he promised to carry out a broad and resolute agrarian reform. However, the APRA-UNO opposition systematically put the brakes on this reform, achieving, by means of a statute of exception, that Law No. 15037 of May 19, 1964 did not affect the agro-industrial sugar complexes. The law then seemed to be aimed at the traditional landowner of the highlands. At the end of Belaunde's government, the rate of land reclamation was very slow, since as of September 30, 1968, only 214,286.45 hectares had been affected.