Agrarian Reform Law No 15037
Agrarian Reform Law promulgated on May 19, 1964 during the Belaunde Terry government, which was systematically stopped by the APRA-UNO opposition and which exempted the sugar agro-industrial complexes, resulting in a very limited implementation.
Law No. 15037 of May 19, 1964 was enacted during the government of Fernando Belaunde Terry as part of his commitment to carry out a broad agrarian reform. However, the APRA-UNO opposition systematically put the brakes on this reform by achieving, through a statute of exception, that the law did not affect the agro-industrial sugar complexes. The law then seemed to be aimed at the traditional landowner in the highlands. By the end of Belaunde's government, the rate of land reclamation was very slow, since by September 30, 1968, only 214,286.45 hectares had been affected.