The Framework Agreement entered into force on the 20th July 2015!

The Agreement of the Pacific Alliance, signed by the state parties on the 6 June 2012, has finally entered into force after states finished the domestic process of incorporation.

This is an important step towards the consolidation of the integration scheme since the agreement defines the basic principles, objectives and institutional structure.

We expect the state members will soon finish the incorporation process that could make the Commercial Protocol legally binding and fully operational.

Presidents of the Pacific Alliance Met Yesterday for the X Presidential Summit in Paracas, Peru.

The Presidents of Chile, Colombia, Mexico and Peru met on the 2 July 2015 for the X Presidential Summit of the Pacific Alliance.
The second body in charge, Council of Ministers also met in its XIV session.

During the meeting Peru received the pro-temprore presidency of the group from its partner Mexico which it will hold for a year.

A Presidential Declaration setting the steps forward is expected to be issued.
The general Pacific Alliance Summit was held from the 1-3 July with observer states and international organizations such as the Inter-American Development Bank and the Development Bank of Latin America participating on it. During the general meeting representatives of the entrepreneurial and business sector gather in the Business Council of the Pacific Alliance (CEAP Spanish Acronym).

Eyes are put on the progress of the integration scheme and expectations raised with time!
sources:

alianzapacifico.net
www.sela.org

Deadlines on the 30th June

• Conference and Call for Papers on The Pacific Alliance in a World of Preferential Trade Agreements

By: World Trade Institute, Universidad Externado de Colombia and University of Bern

Link to full information: http://www.transnational-dispute-management.com/news/20151119.pdf

• The Future of Transatlantic Economic Governance in the Age of the BRICS

Photo courtesy of twobee at FreeDigitalPhotos.net