Pacific Alliance (Chile, Colombia, Mexico, Peru)

1. Introduction to the Pacific Alliance
2. Strategic Importance of the Pacific Alliance
3. Organizational chart of the Pacific Alliance
4. Trade and the economic integration in the Pacific Alliance region
5. Free Trade and Economic Integration Agreement of the Pacific Alliance
6. Services and capitals liberalization
7. Integrated Latin American Market (MILA)
8. Intellectual Property Rights
9. The Pacific Alliance as an alternative to the ALBA

Pacific Alliance

The objectives of the subject of the “Pacific Alliance” are the following:

1. To understand the purposes and the strategic importance of the Pacific Alliance
2. To assess the benefits for the member countries of the Pacific Alliance
3. To analyze the economic and trade integration process among the member countries (Chile, Colombia, Mexico, and Peru)
4. To understand the concept of Integrated Hispanic America Market

The Subject “Pacific Alliance” belongs to the following Programs taught by EENI Global Business School:

Masters: International Business, Foreign Trade.

Doctorate in World Trade.

Languages: or Alianza Pacifico Alliance Pacifique Aliança Pacifico.

In 2011, four Hispanic America Countries (Chile, Colombia, Mexico, and Peru) created a regional economic integration initiative: The Pacific Alliance.

All of them, except Colombia, are members of the APEC.

1. The candidate countries to become members of the Pacific Alliance are Costa Rica and Panama
2. Candidates to Associated Countries: Australia, Canada, South Korea, Ecuador, New Zealand, Singapore
3. Ecuador seeks to join the Pacific Alliance after its departure from the Bolivarian Alliance (ALBA)
4. The Pacific Alliance has forty-two observer countries

The objectives of the Pacific Alliance are:

1. To create an economic integration area between Chile, Colombia, Mexico, and Peru, seeking progressive free movement of goods, services, capital, and persons
2. To achieve the economic growth and improve the competitiveness of their economies, seeking the welfare of the population mitigating inequality
3. Being a platform at political level in the Asia-Pacific region

The Pacific Alliance Countries:

1. 214 million people
2. GDP per capita: of 16,500 dollars
3. Eighth world economy
4. Eighth overall export block
5. 38% of the Latin American GDP
6. 50% of the Latin American Foreign Trade
7. 45% of the FDI inflows in Hispanic America and the Caribbean

The Pacific Alliance belongs to the Western Civilization - Hispanic American.