Pacific Alliance

Tuesday, February 2nd 2021 - 09:10 UTC
UK will formally apply to join the Trans Pacific Partnership

The United Kingdom will formally apply to join one of the world’s largest free-trade areas, deepening trade ties with some of the fastest-growing markets in the world. International Trade Secretary Liz Truss will speak to ministers in Japan and New Zealand to request to join the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), with formal negotiations set to start this year.
Wednesday, January 27th 2021 - 09:31 UTC
Argentina and Chile “indissolubly twinned countries”, underlines president Fernandez

Argentina and Chile are “indissolubly twinned countries”, said Argentine president Alberto Fernandez during the ceremony at the Palacio de la Moneda in Santiago where, next to his peer Sebastián Piñera, and members of their cabinets, they signed several accords and a joint declaration.
Thursday, January 14th 2021 - 08:57 UTC
Chile: Crucial electoral year to rewrite a new constitution takes off

The Chilean Electoral Service registered 2,223 hopeful candidates for selection to the commission that will rewrite Chile's dictatorship-era constitution. The 14 million Chilean eligible are scheduled to elect on April 11 the 155 members of the Constituent Assembly that will rewrite the constitution, which dates from the rule of military dictator Augusto Pinochet (1973-90).
Wednesday, January 13th 2021 - 09:10 UTC
Strong rebound of Peruvian economy in the next five years

The economy of Peru, the world’s second largest copper producer, is expected to grow an annual average of 5.1% between 2021 and 2026, the economy ministry said on Tuesday
Monday, December 7th 2020 - 09:43 UTC
The Pacific Alliance will hold its virtual presidential summit in Chile, next week

The 15th Presidential Summit of the Pacific Alliance, a bloc made up of Chile, Colombia, Mexico and Peru, will be held on December 11th in Santiago de Chile, albeit via videoconference due to Covid-19.
Thursday, November 26th 2020 - 09:30 UTC
Fitch Ratings more optimistic about Latin America's “improving economic” environment

Latin American corporate credit indicators point to an improving economic and operating environment for most countries across the region in 2021, according to a series of new reports from Fitch Ratings.
Saturday, November 21st 2020 - 09:44 UTC
New Peruvian government silent about a second withdrawal of funds from the pension system

The Peruvian government enacted a law that allows citizens a second withdrawal of funds from the private pension system in order to ease the economic blow from the coronavirus pandemic, according to the official newspaper El Peruano.
Friday, November 20th 2020 - 09:20 UTC
Peruvian government names respected finance minister to shore up investor confidence

Peru’s interim president appointed veteran economist Waldo Mendoza as his finance minister in a bid to shore up investor confidence shaken by political turmoil. Interim President Francisco Sagasti swore in most of his 19-member ministerial team on Wednesday after becoming the country’s third leader in little more than a week.
Friday, November 13th 2020 - 14:00 UTC
Chilean financial system at risk by the continuing pandemic, central bank warns

The continuing coronavirus pandemic poses the most significant risk to Chile’s financial system as institutions’ capacity to take mitigating action diminishes, the country’s Central Bank warned in a report on Wednesday.
Thursday, November 5th 2020 - 09:32 UTC
Chilean mining industry lobby cautions about the rewriting of the new constitution

Chile’s world-leading copper industry will see investment lag for at least two years as the country rewrites a constitution that underpinned nearly three decades of mining growth in the South American nation.