This statement is meaningful if, and only if, the understanding was made in writing and both parties can produce identical copies.
I suspect that this is a retroactive thing on Peru's part, relying mainly on their "understanding" of verbal agreement at the time.
This is similar to Mexico's claims; or Egypt's; or Iraq's.
All are sources of treasures sought, found and preserved by Europeans, and of absolutely no value to the world's present stage of either civilization, societal maturity or technological excellence.
I say return them all, let them deteriorate and disappear, and everyone will be none the worse for it.
Are you suggesting study of the past is not important? As far a no value, I'm sure many people would pay big to have King Tut's mask hanging on their living room wall.....;)
Might as well burn down Monticello while we're at it, eh? Pave over Gettysburg and put up a racino and a McDonald's? Chip up Stonehenge for bricks and grind the Parthenon to dust?