Peru-Chile Maritime Border Decision May Have Come Too Late for Bolivia

The recent International Court of Justice (ICJ) decision on the Chilean-Peruvian maritime boundary dispute closed one chapter of a trilateral territorial dispute that has festered among Chile, Peru and Bolivia for more than a century. But while Chile and Peru mend fences, similar progress between Chile and Bolivia has not materialized. Less than a decade ago, geopolitical tensions surrounding the dispute played a part in blocking Bolivia from participating in a clear market solution to Chile’s natural gas crisis. Today, that dynamic has deteriorated for Bolivia: The region’s shifting energy market realities have removed what leverage Bolivia had in its […]

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