MercoPress. South Atlantic News Agency
The Pacific Alliance, yet another bloc in Latin America
The newly-formed Pacific Alliance bloc seems more like a political club to counterbalance the Atlantic-facing, Brazil-led Mercosur group. However, the bloc accounts for 30% of India’s trade with Latin America. Can India engage the group so it is not left out from their Asia focus? Read full article
Comments
Disclaimer & comment rulesThe new world is Asia !
Jun 12th, 2012 - 08:25 pm - Link - Report abuse 0Im not so sure about that, the signs are not good coming from China and India right now. Boom boom boom then bust.
Jun 12th, 2012 - 10:08 pm - Link - Report abuse 0I agree Max, new world is Asia.
Jun 12th, 2012 - 10:48 pm - Link - Report abuse 0Mar del Plata was the bright-line death knell for the USA in Latin America. US influence hasn't recovered since. Fitting that it was in Argentina that this ocurred.
Jun 13th, 2012 - 12:03 am - Link - Report abuse 0And probably actually helped the USA, as today they are not a country that is much too thrilled with Free trade, and surely would be blaming it and Latin America for their economic decline.
Good luck to them. They seem a lot less sh!t than that group that has Bolivia dry humping Argentina's leg in it.
Jun 13th, 2012 - 11:55 am - Link - Report abuse 0that's what counts on international stage:
Jun 13th, 2012 - 01:10 pm - Link - Report abuse 0“Even when we are less in population and in the size of our economies compared to our brothers from Mercosur, we export double in volume and value than Mercosur. We have an extraordinary potential”.
@6
Jun 13th, 2012 - 04:49 pm - Link - Report abuse 090% of that “export volume and value” is because Mexico is an assembly line for US bound products. China and Mexico are primarily blamed by Americans for their economic woes...
NAFTA hasn't worked out too well for anyone. USA has lost its manufacturing, Mexico's agriculture has been destroyed (by subdizised corn from the USA... and the you all want Argentina to sign “free” trade lol), and Canada has not seen any benefit it did not already have.
@7 tobias
Jun 15th, 2012 - 01:53 am - Link - Report abuse 090% of Mexico's exports go to the US, but Mexico's exports make up about half of the Alliance's total.
Nafta has had its advantages for Mexico, they ran a $54billion surplus last year. That's nice business if you can get it.
“USA has lost its manufacturing” - not sure about that. The US is still the biggest manufacturer in the world, buy a long way.
I know from previous threads that you are an isolationist, so I won't get in to that with you.
What do you refer to by “Mar del Plata was the bright-line death knell for the USA in Latin America”?
@Brit
It doesn't really matter if they go boom boom bust. They are 2.5 billion people and it is only good to sell them more of what we have.
Mar del Plata, that's were ALCA died.
Jun 15th, 2012 - 03:43 pm - Link - Report abuse 0Ahh, ok.
Jun 15th, 2012 - 11:51 pm - Link - Report abuse 0Commenting for this story is now closed.
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