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Montevideo, November 18th 2018 - 01:42 UTC

Pacific Alliance and Mercosur begin round of ministerial informative meetings

Friday, October 31st 2014 - 08:27 UTC
Full article 45 comments
Mercosur describes the Pacific Alliance as “a regional integration initiative started in April 2011”, while Mercosur was launched in Paraguay in 1991.     Mercosur describes the Pacific Alliance as “a regional integration initiative started in April 2011”, while Mercosur was launched in Paraguay in 1991.

The Pacific Alliance and Mercosur will be holding a two-day ministerial informative meeting in Cartagena de Indias, Colombia, beginning this Friday, a first approach to a possible convergence of the two groupings, according to official releases.

 The meeting follows an initiative from the Alliance (Chile, Peru, Colombia and Mexico) born during the group's last summit held in Mexico, in June, with the purpose of “an informative dialogue to address characteristics, achievements and objectives of each of these integration mechanisms, acknowledging that Latin America and the Caribbean are a diverse region, but at the same time share culture and the ideals of peace and prosperity”.

Attendance of the meeting on the Mercosur side (Argentina, Brazil, Paraguay, Uruguay and Venezuela) is coordinated by Argentina which currently holds the group's pro tempore chair, and according to the release, “will have the purpose of initiating a consultation and exchange process on integration development experiences, which are being advanced by both groups”.

Mercosur describes the Pacific Alliance as “a regional integration initiative started in April 2011”, while Mercosur was launched in Asunción, Paraguay in 1991.

“The meeting will enable to strengthen dialogue channels between the diverse regional actors to the benefit of our peoples”, reads the Pacific Alliance communiqué which describes itself as a regional integration initiative, “open and inclusive which targets a deep integration in the economic-trade field to address the challenges emanated from globalization”.

Finally Mercosur affirms that the two regional groups have as objective deepening integration among its members and all those countries which have long standing trade agreements among themselves, in the framework of the Latin American Integration Association, Aladi, launched in 1980.

Top Comments

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  • Troy Tempest

    The Pacific Alliance has achieved much more in 4 years than Mercosur has in 24!!!

    Mercosur will only hold back the PA - hopefully the PA will recognise this and back out.

    PA is FOR trade, Mercosur is all about protectionism.

    Oct 31st, 2014 - 03:09 pm 0
  • Jack Bauer

    If they actually go through with the integration of the 2 trading blocks, I wonder how long it will take for the Mercosur members to turn the new group into a political forum ??? If I were a member of the Pacific Alliance I'd insist on ironclad rules to guarantee that only (ostensibly) democratic nations be allowed to become members and reap the benefits.

    Oct 31st, 2014 - 09:08 pm 0
  • Brasileiro

    @ Jack Bosta

    If you were a member ?? Wake up idiot!

    Stay in your thunderous stupidity already help a lot. You want to talk about what you do not understand idiot !!
    Mercosur is already one of the largest trading partners of Chile, Peru and Colombia.

    Oct 31st, 2014 - 10:41 pm 0
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