What should investors know about the Pacific Alliance?
It has been a challenging year for Latin America With China slowing, Brazil’s economy is struggling and Venezuela is falling apart. One positive sign for the region is the growing momentum of the Pacific Alliance, a group that brings together Chile, Mexico, Colombia, and Peru, four of the best managed and most resilient economies in the region. These four countries have a combined population of 200 million and together account for half of Latin America’s exports and around 35 percent of the region’s GDP.…
Chile, Colombia, Mexico and Peru: Better Together
The following is a communiqué issued on September 21 by the Presidents of Chile, Michelle Bachelet; Colombia, Juan Manuel Santos; Mexico, Enrique Pena Nieto & Peru, Ollanta Humala . The Pacific Alliance is achieving significant results. Three years ago, Chile, Colombia, Mexico and Peru decided to move toward deeper economic and commercial integration. The effort was based on our common belief that the free movement of people, goods, services and capital can help us achieve greater welfare and social inclusion…
Pacific Alliance means business, not weighed down by yesterdays ideology
The Pacific Alliance proves that there is strength in numbers and we all have a lot to gain from working together. We´ve seen this before, haven’t we? Latin American countries coming together to build a bloc that promises to combat U.S. hegemony and bring about radical change in the continent without really saying how they will achieve it. Then along comes the Pacific Alliance, which instead of focusing on ideology and finger pointing, just wants to get down to business. So what is the Pacific Alliance (AP)…
