Best cities in the usa to visit for By 1960, the economy was much stronger and Peru was receiving foreign capital in the form of loans and development contracts. That year, the government gained approval for the gradual nationalization of the majority of Peruvian oil production facilities. In 1968, the government seized control over the International Petroleum Company’s holdings and, in 1969, a program of economic nationalization began, including the expropriation of foreign-owned ranchlands, the institution of price controls, and a sweeping land-reform law. In 1973, the fish-meal industry was nationalized. These programs affected $600 million in U.S. capital investments. Best cities in the usa to visit 2016.