The Pacific Alliance (AP for Alianza del Pacífico in Spanish) was created for the need after an economic and development initiative between four Latin American nations: Chile, Colombia, Mexico and Peru. Since then, the Alliance has become the starting point of a new way of doing business on the continent.
The key to this successful union lies in the articulation of forces beyond territorial boundaries. The cooperation and integration comes after the power of the political and economic mechanism that gives space to the promotion of greater growth and greater competitiveness of the four economies that it integrates. The members of the Pacific Alliance are confident that this is possible through progressive advances in the free movement of goods, services, capital and people.
As ties are strengthened within the Alliance, there is parallel work to turn the bloc into a global power of business and opportunity. That is why one of its main target markets is the one that extends along the Asian Pacific coast, one of the fundamental regions of the global economy. The joint work of the four countries is also demonstrated by the presence of the Pacific Alliance at international promotional fairs. These activities are coordinated by the specialized technical groups within the Alliance.
For now there are 26 teams divided into topics such as Trade Facilitation and Customs Cooperation, experts who analyze the proposals of the Business Council of the Pacific Alliance, SMEs, Services and Capital, as well as the technical groups of Environment and Green Growth, the subgroup of the Authorized Economic Operator (OAS), among others. Thus, the consolidation of the Pacific Alliance bloc continues to strengthen and serve as an example for the region.
The AP as a strategic platform:
The Pacific Alliance promotes an open and inclusive integration process, with countries with similar development visions, promoters of free trade as a driver of growth.
The economies of the member countries occupy the eighth place worldwide, and in relation to this, the Alliance offers competitive advantages for international business, with a clear orientation to the Asia-Pacific region.