By Dialogo August 18, 2010 The defense ministers of Chile, Jaime Ravinet, and Peru, Rafael Rey, agreed Monday to establish a process for measuring the military expenditures of their countries, which are pursuing litigation over their maritime border in the International Court of Justice in The Hague. Both ministers signed two memoranda of understanding during an official visit to Lima by Ravinet, who met with Peruvian president Alan García in the Palace of Government in Lima. “The aim is to strengthen ties between the two countries, and we have made and ratified agreements that can make it possible to continue promoting mutual understanding and trust, as well as regional peace and security,” the Peruvian minister said. Ravinet affirmed that he was pleased with the agreements and emphasized that his country “wants to live in peace” and demonstrates “maximum transparency” in its military expenditures. “Chile and Peru should be capable of constructing a vision that can create brotherhood between our peoples and that can look to the future,” he said. In the memoranda that were signed, “the establishment of a procedure for starting the process of determining equivalencies for the measurement of defense expenditures” was approved, Rey said. As part of this process, Ravinet said at a press conference that his country is in the process of renovating both its mid-range and short-range air-defense systems. For his part, the Peruvian minister announced that Peru also has a public-investment project to acquire an anti-aircraft defense system.