La Alianza del Pacífico es un bloque comercial, que aspira a convertirse en el más grande de América Latina; está conformado por cuatro países: Chile, Colombia, México y Perú.
Australia is currently hosting the second round of Pacific Alliance Free Trade Agreement negotiations.
Mexico considers a bilateral agreement with the Eurasian Economic Union (EAEU) or cooperation between EAEU and the Pacific Alliance.
The talks aim to confirm Australia, Canada, New Zealand, and Singapore’s status of “associate members” to the Latin American trading coalition.
Canada has begun its first round of formal negotiations to forge a free-trade agreement with the Pacific Alliance.
The new government of Labour, New Zealand First and the Greens will have to move fast if they are going to influence the outcomes of trade and investment agreements being negotiated.
By plunging into negotiations with Latin American countries in the Pacific Alliance, New Zealand maintains its shameful record of failing to hold partners to account on labour abuses.
Australia and New Zealand each announced the start of free trade agreement negotiations with the Pacific Alliance trade bloc.
The alliance, which comprises Colombia, Chile, Mexico and Peru, will admit Singapore, Australia, New Zealand and Canada as associate members in a first step to broadening the reach of its trade flows and investments.
New Zealand hopes to take another step towards being the first country to sign up to a trade deal with a group of Latin American and South American countries.
Pacific Alliance countries are in talks to expand the trade bloc outside Latin America and into high-growth Asia as the future of established deals, such as NAFTA and the evolving Trans-Pacific Partnership (TPP), hang in the balance.
Australia is pushing for a new multi-billion dollar free trade deal with Pacific Alliance countries — Mexico, Chile, Colombia and Peru — following the collapse of the Trans-Pacific Partnership.
Peru will try to expand its free trade agreements with countries of the Association of Southeast Asian Nations (ASEAN), but "preferably" through the Pacific Alliance
Mexico would like to reach a free trade agreement with Argentina to rapidly increase the bilateral trade worth $2.5 billion annually, Mexico’s Economy Minister Ildefonso Guajardo said.
Evo Morales says the Pacific Alliance trade bloc is a neocolonial tool intended to cripple regional trade initiatives that exclude the US.
Argentina is now an official observer to the Pacific Alliance, the South American bloc that includes Chile, Colombia, Mexico, and Peru as full members.
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Latin American countries are increasingly looking at the Trans-Pacific Partnership (TPP) and Regional Comprehensive Economic Partnership (RCEP) as forming the foundation of a broader free trade area of Asia Pacific linking the 21 economies of the Asia-Pacific Economic Cooperation (APEC) forum.
The Colombian Senate has approved a free trade agreement (FTA) with Costa Rica, a prerequisite for the Central American state to become member of the Pacific Alliance
The President of Peru, Ollanta Humala Tasso, and his Honduran counterpart, Juan Orlando Hernandez, have agreed to conclude a free trade agreement (FTA) by the end of this year.
Foreign Ministers from both blocs will meet November in Chile to discuss a Free Trade Agreement by 2016.