The Treaty of Valparaíso was signed on July 2, 1834, between the countries of Chile and Peru. This agreement aimed to resolve territorial disputes and establish peaceful relations following conflicts over borders and trade. It marked a significant step in diplomatic relations in the region. Under the treaty, both nations recognized the importance of mutual respect and cooperation. It also laid the groundwork for future treaties and agreements, contributing to stability in South America. The treaty is often seen as a foundational document in the history of Chilean and Peruvian diplomacy.