Peru, Chile, Colombia, Ecuador discuss progress of free trade area initiative
Lima, Dec. 27 2010 (ANDINA). Trade Ministers of Peru, Chile, Colombia and Ecuador will meet next month to monitor progress of Peru’s initiative to create a free trade area between Pacific nations, Peruvian Ambassador to Chile Carlos Pareja announced.
The diplomat highlighted the Chilean reception of the deep-integration initiative proposed by President Garcia, concerning the implementation if the above mentioned free trade area.
Proposal was reluctantly accepted by Chile at first, but provided a new perspective after Sebastian Piñera’s visit to Peru and the presidential meeting at the recently concluded Ibero-American Summit.
“Trade ministers of the four neighboring countries will hold a meeting in January to review the progress of such an initiative,” Pareja told Andina News Agency.
According to the Peruvian ambassador, the new emphasis placed on Peru-Chile relations opens the possibility of implementing different initiatives and cooperation activities.