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Peru's President Delays $3.42B F-16 Deal, Ministers Resign

4/23/2026

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Story summary
  • Jose Balcazar, Peru's interim President, postponed payments for a $3.42 billion F-16 deal with the United States, triggering the resignations of Defense Minister Carlos Diaz and Foreign Minister Hugo de Zela on April 22, 2026.
  • Balcazar clarified he did not oppose the deal but aimed to avoid binding the next administration.
  • The United States designated Peru as a major non-NATO ally to boost defense cooperation.