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ABCThe Pacic Alliance
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The Pacic Alliance Deep infor prosperity
ThePacic Alliance is a mechanism for regional inte
by Chile, Colombia, Mexico and Peru, inApril2011.
and formal existence on 6 June 2012, with the signature o
Agreement. The process seeks to create attractive ma
member countries and enhance their competitivene
world.
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Mexico
Colombia
Peru
Chile
Australia
Spain
NewZealand
Guatem
C
Japan
El Salv
France
Portugal
Turkey
Republicof Korea
People's Republicof China
GermanyNetherlands
Switzerland
Italy
United Kingdom
Member Countries Observer CountrieThe Pac i f i c A l l i ance The Pac i f i c A l l i ance
Member-CaThe Pacic Allianc
Costa Ric
Panama
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Objectives of the Pacic Alliance:
To build, through participation and consensus, an area of deep integration that will move progressively forwardthe free circulation of goods, services, capital and persons.
To dynamize growth, development and competitiveness in the economies of the Parties, in order togreater welfare, overcome socioeconomic disparities and secure social inclusion in their societies.
To become a platform for political articulation, economic and commercial integration, and projectiworld, especially to Asia-Pacic.
The Alliance has a comprehensive agenda, determined by results already achieved in trade, in joint and co
action between promotion agencies, cooperation to strengthen the competitiveness and innovation
research in climate change, student and academic mobility and the facilitation of migration movements.
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Benets of the Pacic Alliance
(Trade, investment and services)
Chile, Colombia, Mexico and Peru have solidinstitutional structures and systems of regular governments; their markets are dynamic and globafavourable conditions for investment.
According to the World Banks Doing BusinessAlliance countries rank first, third, fourth and
32 nations of Latin America and the Caribbeanbusiness1.
1The ranking represents scores for ten issues related to the easehigher the ranking, the more favourable the business environm
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Economic matters
The Gross Domestic Product (GDP) of the Pacific Alliance countries represents 36% of the GDP ofand the Caribbean. Average growth was 5% in 2012, compared to a world level of 3%.
The four countries in the Alliance enjoy strong economic stability.
The average rate of unemployment in Alliance countries is 7% .
The principal exports of the Alliance countries are fuels andminerals, agricultural products angoods. Their offer thus complements that of the Asia Pacic markets.
In 2012 the Alliance countries represented 41% of total foreign investment ows in Latin Caribbean.
Intra-regional trade between the Alliance countries represents 4% of their total foreign tradegrowth potential.
The Alliance countries represented 50% of Latin Americas foreign trade in 2012, with a gro
exports and 4% in imports compared to 2011.
Source
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212Mpopulation 2012 (e) Source:
GDP
GDP growth in 20125%
About
USD9,978Average GDP Per cpita (2012)Source: IMF
Average inflation in the Alliance in 20
2,7%Source: World Bank
Tradein goods FDI (2012e)
Foreign Direct InvestmentUSD 71,045MILLIONSource: ECLAC
Tourism 201232 MILLIONEXPORTS 2012USD 555.0
MILLiON
Source: WTO
IMPORTS 2012USD 561.6MILLiON
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22 Trade Agreements
60 Countries*
15 Free Trade
Agreements62 Countries
I have absolutely no doubt in pointing to the process of the Pacic Alliance as the most impwhole history of Latin America
Juan Manuel Santos
ChileSource Ministry of Foreign Affairs, Chile.
We have now completed this Paranal Summit, which has seen the birth of the Pacic
Alliance, seeking deep integration because it goes much further than free trade issues;
it also includes the free passage of persons free trade in goods and the free movement
of investment. Furthermore, it represents a vocation and commitment by Mexico,
Colombia, Peru and Chile to join forces through this deep integration and to project
ourselves, united and with mutual support, into the world of the Asia Pacic which is
the world of today and the world of tomorrow.
1 IV Summit of the Pacic Alliance, Paranal, Antofagasta, Chile.
(*) Includes FTAs, economic association agreements, partial-scope agreements and complementation agreements
Sebastin Piera ColomSource: Ministry of Fore
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19 Trade Agreements52 Countries
The Pacic All iance promotes the integration of Chile, Colombia, Peruand Mexico as an effective instrument to speed up the developmentand welfare of their people.
Enrique Pea Nieto
(*) The agreements include FTAs, economic complementation agreements and Partial-Scope Agreements
17 Trade Agreem
50For us, the Pacic Alliance is a politicaregional integration in which what we of our peoples, and agreement that beneconomy () What we are trying to do hmechanisms that will benet the quality
Ollanta Humala
MexicoSource: Ministry of Foreign Source: Ministry of the Economy, Mexico.
Peru
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Institutional Structure:
The Pacic Alliance has technical groups responsible for a range of
issues.
Trade and Integration: regulations for tariff reductions,
rules of origin, technical barriers, health and phytosanitary
measures, facilitation of trade and customs cooperation.
Public Purchasing: commitments are made at all levels
of government for access to state procurement. Thus
Government agencies in Pacic Alliance countries can
achieve greater benets of quality and price when sourcing
goods and services.
Services and Capital: those engaged in trade and
investment are offered clear and predictable rules with
legal security to promote the trade in services and
investments, including cross-border trade in services,
e-commerce, maritime transport, telecommunications and
nancial services.
Intellectual Property: sharing o
information in order to develop jointexisting commitments in this area.
People movement and migratory
promotes the comprehensive and
persons within the Alliance.
Communications strategy: desig
communication strategies so that
will be recognized worldwide as a
integration that encourages economdevelopment, competitiveness and e
between members in the context of a
Cooperation: the objective is to develo
in a range of areas such as education, e
change, innovation, science and techn
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Regulatory Improvement: provisions to establish good
practices in order to improve regulation, economiccompetition and an enhanced business environment.
SMEs: denes support mechanisms that ensure that small
and medium businesses benet from the opportunities that
the Pacic Alliance offers as driving forces for economic
growth and the generation of employment.
Expert Commitee for the Pacic Alliance Business
Summit: considers and attends to suggestions and
recommendations made by the private sector through thePacic Alliance Business Council CEAP.
International Tax Transparency: the objective is to
develop common best practices in tax and scal matters.
Tourism: designed to strengthen and
cooperation based on the design of inincrease the ow of tourists in the Pac
External Relations: this function assis
of fruitful and ongoing dialogue
Countries and Observer States and T
promotion of the objectives of the All
Institutional Matters: regulates ins
that cut across the structure of the
differences so that the Parties can resoand efciently when problems arise
interpretation of the rules of the Allian
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SUMMITS
Council of Ministers
High Level Group
Observers
PresidentPro Tempore
Trade andIntegration Cooperacin
Peoplemovement
andmigratory
transit
facilitation
Services
and Capital
RegulatoryImprovement
AsuntosInstitucionales
ExpertCommitee
for thePacific Alliance
BusinessSummit
Public
PurchasingCooperationIntellectual
PropertyCommunication
Strategy
SMEsInternational
taxtransparency
TourismExternal
Relations GroupInstitutional
Matters
The Presidents of the four countrieorgan of decision in the process. They basis at theAllianceSummits.
The Council of Ministers, formed by Ministers and Foreign Ministers, adopting decisions to develop spec
actions contained in the Framework Pacic Alliance Presidential Declarations
The High-Level Group (HLG), formed Trade and of Foreign Affairs, responsibof the work of the technical groups, thein which progress could be made anda proposal for the projection and exteother regional organizations or groups, ePacic.
Technical groups and subgroups, formin the four Member Countries, responsdisciplines related to Pacic Alliance issues
It was also decided that the Pro-Temthe Alliance would be exercised on an Members in alphabetical rotation.
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Principal achievements of the Pacic Alliance
In August 2013 the negotiations for the commercial component were completed. This included, amongst other things, ag
tariffs on 92% of goods and services immediately, and the rest, over time. These negotiations will form part of an Additio
Framework Agreement to regulate disciplines on access to markets, rules of origin, facilitation of trade, health and phyt
technical barriers, public procurement, services, investment and disputes resolution.
An agreement was negotiated on e-commerce to strengthen, facilitate and promote the use of technologies for the trade in
There has been promotion of nancial integration through the Integrated Latin American Market (MILA), a stock Exchange
used by Colombia, Chile and Peru with no merger or corporate integration of members. Mexico is expected to join on
The Student and Academic Mobility Platform was created, granting
scholarships to students from the four countries to study in anAlliance Member Country. The results for the Contests I and II for2013 led to 256 scholarships (227 undergraduate, 29 graduate).
An agreement was signed to set up the Pacic Alliance CooperationFund.
The Scientic Research Network for Climate Change was established.
A Joint Embassy of the four countries was opened in Ghana; and aColombia/Chile Embassy was opened in Morocco. It is planned to
open others in Algeria (Colombia-Chile), AzerbaSingapore (Colombia-Mexico) and Vietnam (Co
Mexico eliminated visitor visa requirementsColombia and Peru. Peru eliminated Temporavisitors from Mexico, Chile and Colombia. Coloma Memorandum of Understanding on exonerat
The joint Promotion Agencies Ofce in Istanbuworking for a year. There are plans to open otCasablanca (Morocco) and Bombay (India).
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2010
2011 2011
2012
2013
2013 201
2012
2012
28 April:Creation of the Pacific
Alliance at the ISummit (Declarationof Lima).
Timeline
4 December:
II Summit of the PacificAlliance (Declaration of
Mrida).
5 March:III Summit of the Pacific
Alliance (virtual).
6 June:The Framework Agreement ofthe Pacific Alliance was signe(Declaration of Paranal).
17 November:
V Summit of the Pacific
Alliance (Declaration of
Cadiz).
27 January:
VI Summit of the Pacific
Alliance (Declaration of
Santiago).
23 May:
VII Summit of the Pacific
Alliance (Declaration of Cali).
26
Min
ann
com
neg
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www.alianzapacifico
@A_delPa
Alianza del Pacfico/Pacific Al