▁how ▁to ▁resolve ▁territorial ▁controvers ies ▁▁ 3 . ▁- ▁Con ven ción ▁sobre ▁Lim ita ción ▁de ▁Arm amentos ▁Nav ales : ▁The ▁most ▁famous ▁of ▁the ▁protocol s ▁is ▁the ▁arms ▁control ▁treat y . ▁It ▁stated ▁that ▁Chile ▁and ▁Argentina ▁sold ▁off ▁war ships ▁they ▁had ▁under ▁construction ▁in ▁Europe ▁and ▁the ▁dis arm ament ▁of ▁some ▁ships ▁already ▁in ▁service . ▁As ▁a ▁consequence ▁of ▁territorial ▁disput es ▁both ▁countries ▁had ▁begun ▁to ▁increase ▁their ▁military ▁bud gets ▁and ▁an ▁arms ▁race ▁en su ed ▁in ▁the ▁ 1 8 9 0 s . ▁Of ▁longer - last ing ▁importance , ▁the ▁p act ▁resolved ▁the ▁power ▁projection ▁competition ▁by ▁assigning ▁each ▁country ▁a ▁sphere ▁of ▁influence : ▁Chile ▁in ▁the ▁Pacific ▁and ▁Argentina ▁in ▁the ▁Atlantic ▁and ▁Rio ▁de ▁la ▁Pl ata . ▁According ▁to ▁R iz zo ▁Rom ano , ▁it ▁is ▁the ▁first ▁arms ▁control ▁p act . ▁▁ 4 . ▁- ▁Ag re ement : ▁to ▁ask ▁the ▁Edward ▁VII ▁of ▁the ▁United ▁Kingdom ▁the ▁dem arc ation ▁ad ▁h oc ▁of ▁his ▁award ▁of ▁ 1 9 0 2 . ▁ ▁During ▁the ▁Be agle ▁Channel ▁Ar bitr ation ▁Argentina ▁brought ▁forward ▁the ▁argument ▁that ▁the ▁P act os ▁de ▁May o ▁imp lied ▁a ▁dem arc ation ▁clause ▁between ▁both ▁countries : ▁Chile ▁at ▁the ▁Pacific ▁and ▁Argentina ▁at ▁the ▁Atlantic . ▁Chile ▁denied ▁the ▁argument ; ▁the ▁p act os ▁are ▁not ▁a ▁border ▁treat y ▁and ▁therefore ▁no ▁place ▁is ▁named