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.
Brazil will propose next Tuesday during the Mercosur summit that the group and the Pacific Alliance reach an agreement on free trade by the end of the year, according to official sources.
The Colombian government has set an ambitious goal to double the country’s agricultural land in half a decade, starting from 2015, to make the most of free trade agreements (FTA) signed with countries around the world, particularly the United States.
Colombian farmer leader César Pachón, a representative of the group Dignidad Papera, said that the movement may take to the roads to protest on April 20 against the delay in goverment compliance with agreements with the sector.
The presidents of Mexico and Panama signed a free trade deal on Thursday, moving the smaller nation a step closer to joining the Pacific Alliance, a regional pact.
Mexian President Enrique Peña Nieto called the trade pact "another significant step toward Panama’s future participation in the Pacific Alliance, an inclusion which Mexico supports." The Pacific Alliance is a trade bloc that includes Mexico, Chile, Colombia and Peru.
The Legislative Assembly of Costa Rica has approved the country’s Free Trade Agreement with Colombia, a prerequisite for Costa Rica to gain admittance into the Pacific Alliance group, composed of Mexico, Colombia, Peru and Chile.
On February 8-10, the Pacific Alliance holds its eighth summit in Cartagena, Colombia. During the event, the presidents of Chile, Colombia, Peru, and Mexico will sign a free trade agreement to eliminate tariffs on 92 percent of trade goods between the countries. The notable exclusion is agriculture.
Panama has signed a free trade agreement with Colombia, making a step forward to join the Pacific Alliance.
Brazil’s government is ready to present a proposal that would put 90% of its commerce with the European Union under a free-trade agreement, but the effort could stall on resistance from the country’s existing partners in the regional Mercosur trade bloc.
If Paraguay were to enter the Pacific Alliance with its current distribution of land and no progress towards land reform, those who currently hold land—agribusinesses and local elites—will continue to reap the benefits while continuing to displace workers and exacerbating slum conditions in larger cities.
In many ways, the Pacific Alliance represents a resurgence of the failed U.S. initiated FTAA which was part of an agenda to consolidate corporate control.
Two projects of regional association are facing off in South America: the Pacific Alliance and UNASUR.
En el marco de la cumbre Celac, la zona del pacífico firmó un acuerdo que consiste en cerrar un acuerdo arancelario antes del 31 de marzo de este año, lo que significa que el 90% de los productos van a quedar liberados de todo tipo de arancel en el comercio entre estos países.