Could the Pacific Alliance become the vehicle for the economic ties across the Pacific Rim that were the aim of the Trans-Pacific Partnership (TPP)? The four members of the trade bloc – Chile, Colombia, Mexico and Peru – are among Latin America’s leading advocates for...
Mercosur is looking for opportunities to do more cross-border business both within the five-member trade bloc and beyond. Foreign ministers are set to meet March 9 to discuss lowering barriers to trade among the countries that make up the “Common Market of the South”...
Latin America’s economy is moving at two speeds, according to BBVA, with the Pacific Alliance gaining ground as Mercosur, the Common Market of the South, slips into reverse in 2015 and on into 2016. In its first-quarter 2016 outlook, the Spanish bank lowers its...
The Pacific Alliance has reached a new milestone in its quest to eliminate barriers to the free flow of goods, capital and labor across the borders of the bloc’s four member nations (Chile, Colombia, Mexico and Peru) and so position itself as a hub for Asian-Latin...
Call it Latin America’s controlled experiment in economics (as the Wall Street Journal did recently): Along the Western seaboard, Chile, Colombia, Mexico and Peru embrace free trade and are working to lift restrictions on the movement of capital, goods and services,...
Latin America’s Pacific Alliance trade bloc creates trade opportunities beyond the region. They are Latam’s fastest-growing economies, market-driven and sustaining an expanded middle class. The four countries of the Pacific Alliance – Chile, Colombia, Mexico, and Peru...
Spotlight on Pacific Alliance trade bloc casts unflattering light on Mercosur “While Pacific Alliance thrives, Mercosur withers,” headlines a recent Andres Oppenheimer opinion piece in the Miami Herald. The Pacific Alliance’s May 23 Cali summit, capped by an agreement...
Barriers to trade are falling fast in the LATAM bloc based on shared market philosophy, not shared borders. The presidents of the Pacific Alliance member nations – Chile, Colombia, Mexico, and Peru – met in Cali, Colombia today to sign an agreement that will remove...
