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Pacific Alliance and Mercosur will attempt convergence, sponsored by Chile

Saturday, October 4th 2014 - 08:25 UTC
Full article 27 comments

A first meeting to assess opportunities for accords between the Alliance of the Pacific and Mercosur will take place next November in Santiago de Chile confirmed, confirmed Chilean foreign minister Heraldo Muñoz. Read full article


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  • ilsen

    Without massive political change in Argentina and especially Venezuela this is doomed to fail.
    Caution is strongly advised.

    Still, it's good to talk!

    Oct 04th, 2014 - 01:32 pm - Link - Report abuse 0
  • reality check

    WTF would a thoroughbred tie itself to a donkey?

    Doesn't make sense!

    Oct 04th, 2014 - 01:45 pm - Link - Report abuse 0
  • ChrisR

    ”It will happen in 25 years! Ha, ha, ha.

    It has taken Brazil 15 years NOT to join with Europe.

    No PA, don't get stuck with Mercosur, it will be the end of you.

    Oct 04th, 2014 - 04:34 pm - Link - Report abuse 0
  • Brasileiro

    This is the natural path to be followed. Chile, Peru and Colombia. We just need to put aside the North-Americans.

    Oct 04th, 2014 - 06:40 pm - Link - Report abuse 0
  • ilsen

    You do understand what MercoSur is? And the difference between them and the Pacific Alliance?
    I think, at this time, it would be foolish for the PA to involve the basket case that is Argentina and the economic nightmare that is VeneCuba.
    What do you actually think?

    Oct 04th, 2014 - 07:12 pm - Link - Report abuse 0
  • Brasileiro

    Economic policies change. Governments change. Alliances are lasting, profitable and beneficial. What I am proposing is also an integration of markets, not just production. How is the PA currently.

    Oct 04th, 2014 - 07:21 pm - Link - Report abuse 0
  • ilsen

    The PA is successful.
    MercoSur is a failure. Proven by its failure to engage the EU over 15 years.
    Venezuela is in a terrible economic state.
    why is this a good policy for PA?
    There is no Latin American concensus on economic policy.

    Oct 04th, 2014 - 08:32 pm - Link - Report abuse 0
  • Tik Tok

    Brazzo is bonkers yet again. Only reason Pacific Alliance wants to deal with Mercosul is that they can grab their primary resources, add value to it and make money. Mercosul don't have enough brains in general to do this themselves because they don't put policies in place that encourage that themselves.

    Oct 05th, 2014 - 12:03 am - Link - Report abuse 0
  • Hincha

    What a waist of time for Mexico,Colombia, Peru and
    Chile -LatinAmerica faster econommies- meeting with
    Argentina and Venezuela-part of MercoSur- Latin America
    broken econommies.

    Oct 05th, 2014 - 12:49 am - Link - Report abuse 0
  • reality check

    Someone should tell this guy, if a thing works well leave it alone, or you will only ferk it up!

    Oct 05th, 2014 - 04:25 am - Link - Report abuse 0
  • Philippe

    First things first:
    There will be no such “Pacific Alliance” without a US-China entente.


    Oct 05th, 2014 - 08:37 am - Link - Report abuse 0
  • Brasileiro

    The Pacific Alliance aims to develop competitive production capacity to compete in other markets. They themselves do not have scale in their markets. Chile has the best standard of consumption but has a very small population that does not favor the development on an industrial scale.The others do not have skilled labor, capital and consumer market. Mexico included.

    In my opinion all these requirements would be minimized with a PA / Mercosul integration.

    The Mercosul has one of the largest consumer markets in the world. It is also one of the largest recipients of FDI in the world. Mercosul has the latest technology in various areas (chemical, mining industry, agribusiness, financial services, IT).

    Therefore, it would be an excellent deal for PA.

    Oct 05th, 2014 - 09:35 am - Link - Report abuse 0
  • ElaineB

    What happened to Brasiliero? Who stole his identity? What have they done with him?

    Oct 05th, 2014 - 11:13 am - Link - Report abuse 0
  • Brasileiro

    I am. When they are educated, I treat them well too, ElaineB.

    Oct 05th, 2014 - 12:12 pm - Link - Report abuse 0
  • ilsen

    You make some very good points. In theory it looks like an excellent plan and could work well. In theory it would be fantastic for South America.

    However I have problems envisioning it in reality.
    Venezuela is part of MercoSur. This is the biggest stumbling block.
    I have direct experience of the current situation in Venezuela and I can't see it happening with out massive political change.
    Maduro & Co believe in central planning, price controls, State supermercados, control of supply through fingerprint ration cards, expropriation of private business etc. Venezuela has four different exchange rates (3 legal. 1 paralelo)
    How could this mesh with PA's pro - business, open - market philosophy?

    Oct 05th, 2014 - 12:34 pm - Link - Report abuse 0
  • Brasileiro

    All Venezuelans need to produce, eat, dress, wedge, ... etc.

    If the government does not provide them with the opportunities and conditions for this to happen, this government will not survive to new scrutiny.

    We return to the issue of economic policies, agreements, democracy, ...etc.

    Capitalism is the art of producing economic values, not political or judgmental values​​.

    Welcome Venezuela!

    Oct 05th, 2014 - 01:19 pm - Link - Report abuse 0
  • Tik Tok

    Brazzo this is where you are completely wrong again.
    Mercosul has maybe a market at most of 300 million people as a supposed integrated market.
    Pacific Alliance countries will have access to a market of 3 billion people. For example what do you think the TPP agreement is???
    FDI in Mercosul has dried up, the commodity boom is over, open your eyes. Investors look at risk and return and the Pacific Alliance countries have got it way over Mercosul, who in Gods earth would ever invest in Argentina or Venezuela for example.
    It's idiots like you Brazzo that consign your fellow countrymen to years of misery with your thinking.

    Oct 05th, 2014 - 03:19 pm - Link - Report abuse 0
  • Brasileiro

    Show your numbers of FDI in the last three years, including 2014.

    Show your razon to believe in a TPP agreement with Asia.

    Oct 05th, 2014 - 03:27 pm - Link - Report abuse 0
  • Tik Tok

    Brazzo - you really need to look at what's going on around you and do some research. This from Itau Bank for example....
    We conclude that there will be a gradual cool-down in direct investment inflows to Brazil, both aggregated and for specific sectors, over the next few years. These capital inflows will still finance a large part of Brazil’s current account deficit, though in smaller volumes than in previous years. We expect FDI as a percentage of GDP to slide to 2.4% in 2014 and 2.2% in 2015, down from 2.9% in 2013. Infrastructure concessions present a big opportunity to bring in more FDI, and new rules that are attracting a greater number of interested parties may result in the cool-down in direct investment being more gradual.


    As for TPP assuming the trade agreement is done that will be a massive boost for the Latin American countries involved, have you heard of a region called Asia which has billions of people living there and economies are growing well in general and therefore buy stuff???? And here you are Brazzo wanting to sell shitty washing machines to Venezuela.

    Oct 05th, 2014 - 03:50 pm - Link - Report abuse 0
  • Conqueror

    @7. What a shame for the countries of the Pacific Alliance. What is it about south american countries that makes them want to get bound together? I'll do a yankeeboy type prediction. If the PA actually follows this integration line, PA will disappear. As we saw with Paraguay, mercosur will enact 'innocuous' organisational 'legislation' that enables the imperialist mercosur 'members' to take control. In the Paraguayan case, imperialist argieland and brazil swiftly took control. Wimpy urineguay just got dragged along. Always best to spread the blame. And brain-dead Mujica was on-target as the patsy. Just what will happen to the PA. Bit by bit, mercosur will take over. The PA countries will find themselves constrained by treaties and 'laws' they never thought could be used that way. There's an excellent methodology. The imperialist 'treaty' is introduced at the end of a long session when everyone is tired. A few little amendments are introduced. The most important feature is that if you don't specifically opt-out, you're signed up. The danger is now greater. Venezuela. How long before 'victimised' Cuba finds a way in? The whole world stood by and did NOTHING while Paraguay was humiliated and forced to submit. Reminds me of Hitler and the Sudetanland, Czechoslovakia and Poland. Who will be next? Take a look at a map. With Bolivia part of mercosur, Chile is effectively surrounded.
    @14. And so you have your puerile response @15. What happens when you try, legally, to change the government in Venezuela? You get election fraud. You get removed from the Congress (Machado). You get imprisoned and face a 'trial' (Lopez). The verdict is already known. By the 'government'. Wonder what happened to mercosur's 'democracy' clause? Was concerned about Bachelet. Wonder how much she cost?

    Oct 05th, 2014 - 04:29 pm - Link - Report abuse 0
  • ilsen

    Although a good plan, the Venezuelan Government doesn't seem to support any sort of free trade nor capitalism. It hates private business.
    Therefore it is in conflict with the PA.
    Unfortunately you can not take ideology out of the equation.
    I wish the situation was different, but it is not. This is why a merger would fail.

    Oct 05th, 2014 - 07:51 pm - Link - Report abuse 0
  • Brasileiro

    Britishit, you can not show the reality. Only the poop that exists in your brain.

    Oct 05th, 2014 - 08:00 pm - Link - Report abuse 0
  • Tik Tok

    Brazzo great comeback dipshit. Wrong again. The truth smacks you in the face and yet you won't listen. You are a sad creature.

    Oct 05th, 2014 - 08:43 pm - Link - Report abuse 0
  • ilsen

    Brasileiro. Will you not discuss how Venezuela will play a positive role in the new grand alliance?

    Oct 05th, 2014 - 08:47 pm - Link - Report abuse 0
  • Anglotino

    “The Mercosul has one of the largest consumer markets in the world.”
    No it doesn't. Behind NAFTA, EU, China, India and ASEAN. Not that large after all.

    “ It is also one of the largest recipients of FDI in the world.”
    No it isn't. Mercosur's inward FDI stock is US$928 billion.

    The UK ALONE is US$1.6 TRILLION!
    The EU is US$8.5 trillion.

    Even tiny Singapore with only 5 million people managed US$838 billion.

    And the funniest thing? PA has US$806! 74% of Mercosur's populatuon but inward FDI stock at 87%.

    At this rate PA will overtake Mercosur.

    ”Mercosul has the latest technology in various areas (chemical, mining industry, agribusiness, financial services, IT).“
    Totally incapable of proving this and as far as I can see, there is no world leader in any of these industries in Mercosur.

    ”Therefore, it would be an excellent deal for PA.”
    Agreed, PA is all about integrating markets. So come on now Mercosur open up your markets.

    Oct 05th, 2014 - 11:01 pm - Link - Report abuse 0
  • juliano

    the alliance of the Pacific is a joke orchestrated by the United States. nobody falls over this ... hahahahaha ...

    Oct 06th, 2014 - 02:56 am - Link - Report abuse 0
  • Anglotino

    Yep it's a joke. Haha.

    Now go back to watching your navel. PA doesn't need anyone's approval nor does it need Mercosur. It is doing quite fine on its own.

    However every Mercosur leader has come to realise that PA is successful and leaving them behind. They've ceased their insults and started to court.

    Oct 06th, 2014 - 04:25 am - Link - Report abuse 0

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