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Regional Integration in Latin America - The Pacific Alliance a Way Ahead
News, Posts

Presidential Meeting and Further Negotiations

The presidents of the Pacific Alliance countries had a virtual meeting on May 6 to discuss the Pacific Alliance’s strategy towards 2030 and reiterate the instruction to the ministers to develop such a strategy, according to the Cali Declaration from last year. The presidents emphasised the requirement to propose a concrete plan to increase competitiveness and productivity, to strengthen the integration process and to disseminate the benefits of the PA to its citizens in a more effective way.

An interesting point of the brief declaration is that the presidents clearly spell out the commitment to develop deeper integration and its relation to the free movement of persons, goods, services and capital. The scope of the 2030 strategy is put on the spot by this connection and questions how instrumental it could be in reducing not only barriers to trade but also going beyond in proposing concrete actions towards coordination, regulatory harmonisation, recognition and convergence and the development of regional public goods.

Presidents will meet again on the 24th and 25th of July 2018 when the pro-tempore presidency will be passed on to Peru for a year.

In the meantime, the third round of negotiations for free trade agreements with potential associate states –Australia, Canada, New Zealand and Singapore– was held in Santiago, Chile from March 3rd through to the 9th. Parties reached agreements in the SMEs disciplines, transparency and regulatory improvement, general cooperation, and sanitary and phytosanitary rules.

Negotiators have anticipated that not everything could be negotiated as a bloc and some issues, particularly market access for goods, will require bilateral negotiations. On this occasion, the parties discussed the access offers for goods, services, investment and disciplines for the temporary entry of business people.
The next round of negotiations with associate candidates will be held in mid May in Ottawa, Canada.

Sources: alianzapacifico.net
larepublica.co
Photo by Deniz Altindas on Unsplash
March 18, 2018by Ana Maria Palacio
News, Posts

Pacific Alliance: The Cat Bonds and FTA Negotiations

Two developments have taken place in recent days concerning the progress of the Pacific Alliance: first the issuance of cat bonds for earthquake-induced damages. Second, the new round of negotiations with candidates to associate members on the last week of January. We will refer to each of them briefly.
A positive outcome is the release of  Catastrophic bonds to cover the four members against earthquakes with a total coverage of US $ 1.3 billion. The World Bank-IBRD issued the first multi-nation operation on Wednesday 7 February. According to the Bank, this is the second largest issuance of cat bonds in history.

Coverage for Chile, Colombia and Peru will be for three years while Mexicos’ coverage will be two years. The cat bonds issuance is worth celebrating as a clear example of how regional cooperation could contribute to support national capabilities. It is also an expression of the problem-based approach taken by the Pacific Alliance in the aftermath of the intense earthquakes suffered by Mexico in 2017 and Chile in  2015.

The second round of negotiations towards ‘commercial agreements of high standards’ between the PA members as a whole and the four candidates (Australia, New Zealand, Canada and Singapore) took place in Gold Coast, Australia, from the 29 January to the 2 February 2018.

It gathered government officials of the eight countries to discuss disciplines in areas such as: market access on agricultural and industrial products, trade facilitation, rules of origin, sanitary and phytosanitary measures, technical barriers to trade, services, investment, trade remedies, public procurement, cooperation, environment, labour, and institutional matters of the agreements. Continue reading

February 10, 2018by Ana Maria Palacio
Spanish, Working Papers

Memoir of the XII Summit of the Pacific Alliance: The Associate States

Abstract:
Not available

Resumen:
El punto de partida de esta publicación son las memorias de la XII Cumbre de la Alianza del Pacífico (AP), llevada a cabo en Cali, Colombia, el 29 y 30 de junio del 2017, sobre un tema de total trascendencia para el proceso de integración, sus relaciones con Asia-Pacífico. En ese marco, se centra en el principal resultado obtenido en la Cumbre: la creación de la figura de Estado Asociado (EA), la cual se inauguró con cuatro países candidatos que son Australia, Canadá, Nueva Zelanda y Singapur.

La revista cuenta con tres contenidos que presentan un análisis acerca de la figura de Estado Asociado:

1. Un artículo que se fundamenta en la participación en las actividades de acceso público en la XII Cumbre, el levantamiento de información in situ y las relatorías de las plenarias, paneles y ruedas de prensa en el IV Encuentro Empresarial de la AP[…]. Adicionalmente, se realizó una revisión de fuentes primarias y literatura para complementar esos insumos;

2. Perfiles económicos de los cuatro asociados; y

3. Tips de negociación con cada uno de esos cuatro países y la presentación de algunas oportunidades específicas para el caso colombiano.

La finalidad de la publicación es construir memorias de las Cumbres de la AP y presentar estudios de los logros obtenidos en las mismas. Al ser éstas la principal reunión de la Alianza es un espacio donde se genera conocimiento muy valioso de primera mano. Frente a ese espacio se constata un déficit de información sistematizada y pública, lo que ha ocasionado que una parte importante del conocimiento se pierda. Esta publicación está direccionada a cubrir dicha falencia, para de esa forma promover procesos de rendición de cuentas con este tipo de insumos pioneros que aportan a la gestión de conocimiento.

Institutional Author: Universidad ICESI
Editors: Vladimir Rouvinski, Julio Cesar Alonso, José Roberto Concha, José Miguel Terán, Oscar Gómez and  Cristian Camilo Hoyos
Spanish title: Memorias de la XII Cumbre de la Alianza del Pacífico: Los Estados Asociados.
Full document: 2017, PEAP, Memorias de la XII Cumbre de la Alianza del Pacífico- Los Estados Asociados

August 13, 2016by Ana Maria Palacio

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Hello my name is Ana Maria Palacio. I have a PhD from the University of Melbourne. This blog is about my thesis project, the Pacific Alliance.

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