The Pacific Alliance, an agreement by Chile, Colombia, Mexico, and Peru to achieve deeper integration and jointly promote economic relations across the Pacific, constitutes one of the few bright spots in current Latin American integration efforts. Given its features, the Alliance has significant potential to benefit the member countries, enlarge its constituency, and promote trade with other areas. This essay presents a brief overview of the Pacific Alliance, how it was created, what progress has been made so far, and the potential benefits it offers to Pacific-Rim Latin American countries.
Author: Guillermo Perry
Full document: 2014, Perry, The Pacific Alliance- A Way Forward for Latin American Integration?