Charaña was the scene of the famous meeting between President Augusto Pinochet of Chile and Hugo Banzer on 8 February 1975 when they signed a Joint Declaration (Charaña Act), which restored diplomatic relations between the two countries which were broken since April 1962.
These measures, coupled with Ovando's earlier nationalization of Gulf Oil properties, angered his opponents even more, chief among whom was Banzer and his US supporters.
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