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News Article

Pacific Alliance Members Met to Discuss Trade

By Emilio Aristegui | Wed, 11/17/2021 - 16:15

Representatives from Chile, Peru, Mexico and Colombia participated yesterday in the Pacific Alliance’s High-Level Group (GAN) reunion held in Viña del Mar, Chile, to discuss the importance of facilitating intra-Pacific Alliance trade.

Luz Maria de la Mora, Deputy Minister of Foreign Trade, Ministry of Economy, represented Mexico. During the meeting, she highlighted the work of technical teams in the implementation of Roadmaps focused on strengthening the region’s autonomy, economically empowering women and developing digital market.

“During the GAN meeting, progress in the relationship with strategic partners such as the EU, ASEAN and Mercosur was analyzed, and the results of a study on the use of the PA’s Trade Protocol were evaluated. Likewise, decisions were made on the status of the negotiations with the candidates for Associated States, highlighting the conclusion of the negotiation in Singapore, which shapes it to become the first Associate State of the Pacific Alliance,” reads a press release from the Ministry of Government (SEGOB).

During the meeting, the Pacific Alliance’s Business Council shared its commitment to facilitate trade in the region. Furthermore, during the Public-Private Dialogue, member countries, vice-ministers of trade, representatives of the Business Council and the Organization for Economic Co-operation and Development (OECD) highlighted the importance of facilitating intra-Pacific Alliance trade.

In a previous meeting held in June 15, 2021, member countries reviewed the projects of the Pacific Alliance Cooperation Fund to develop content for commerce, culture, tourism, fishing and SMEs to help the sectors most affected by the COVID-19 pandemic. The group also agreed to continue to work on projects that would benefit the post-pandemic recovery, according to a SEGOB press release.

These actions aim to help the alliance consolidate as the most relevant economic and commercial platform in the continent. The Pacific Alliance states that these cooperation programs will allow members to contribute to job creation, poverty reduction and inclusive development in the region.

The data used in this article was sourced from:  
SEGOB
Emilio Aristegui Emilio Aristegui Junior Journalist and Industry Analyst