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Montevideo, January 23rd 2017 - 04:34 UTC

Macri and Bachelet agree on a Mercosur-Pacific Alliance meeting in first half of 2017

Tuesday, December 20th 2016 - 08:19 UTC
Full article 3 comments
“We are very interested in seeing Mercosur and Argentina become part of the Pacific Alliance,” Bachelet said at a news conference in Buenos Aires “We are very interested in seeing Mercosur and Argentina become part of the Pacific Alliance,” Bachelet said at a news conference in Buenos Aires
Macri was more convincing: “we're going to hold the meeting because we are lucky enough to have Argentina as chair of Mercosur since this month” Macri was more convincing: “we're going to hold the meeting because we are lucky enough to have Argentina as chair of Mercosur since this month”

Argentina and Chile agreed to organize a major Mercosur, Pacific Alliance trade blocks' meeting during the first half of 2017. Last Friday Chilean president Michelle Bachelet and her cabinet were in Buenos Aires with peers Mauricio Macri and ministers as part of an agenda of regular meetings to address a joint agenda.

 “We are very interested in seeing Mercosur and Argentina become part of the Pacific Alliance,” Bachelet said at a news conference in Buenos Aires after meeting with Macri.  “Foreign ministers have agreed that during the Alliance pro tempore chair of Chile, hopefully during the first half of next year we can hold this decisive meeting”, added the Chilean president.

Macri was more convincing and underlined that the two blocks meeting will take place during the first half of 2017, “we're going to hold the meeting because we are lucky enough to have Argentina as chair of Mercosur since this month, and the fact is that sooner or later the two blocks will have to converge, and the sooner we do it the better”.

In June, Argentina was granted observer status to the market friendly group, which includes Chile, Colombia, Mexico and Peru. Argentine President Mauricio Macri, who came to power a year ago pledging to open Argentina's economy after more than a decade of populist and protectionist policies, has sought closer ties to the bloc.

Argentina took hold of the Mercosur pro tempore chair last week and for the next six months. Argentina is a founding member of Mercosur whose other members are Brazil, Paraguay and Uruguay, plus Venezuela suspended (on human rights and trade concerns), and Bolivia in the process of incorporation.

Chile this year ratified an agreement reducing tariffs to 0% on 92% of commerce between the four countries in the Pacific Alliance.

Macri has been a strong sponsor of market friendly policies both domestically and internationally and has anticipated that with Argentina in the Mercosur chair the block will attempt closer links with other blocks, such as the Pacific Alliance, continue with discussions with the European Union, United States and Asian countries.

Top Comments

Disclaimer & comment rules
  • DemonTree

    @ Brasileiro
    So quick to abandon your BRICS buddies? How... pragmatic.

    And some of the those CPLP countries are in the Commonwealth too; in fact even Australia has applied to join. You're going to let one of the 5-eyes into your club?

    Dec 20th, 2016 - 09:15 pm +1
  • Brasileiro

    The Spaniards must come together for our America to survive in this new multipolar world.

    Brazil and the CPLP, at the right time, will join to Ibero-Americans.

    https://www.youtube.com/watch?v=sAcsaExDoGk&index=3&list=FLmXPTu1f8AdGlizWNiASx2A

    Dec 20th, 2016 - 03:07 pm -1
  • ChrisR

    How do we know that Macri wasn't talking with the inflatable female sex doll now servicing the Chilean government.

    I think we should be told! :o)

    Dec 20th, 2016 - 07:25 pm -1
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