Peru's Foreign Affairs Ministry presented the "Pacific Alliance Business and Investment Guide 2017/2018" which seeks to promote regional integration, as well as attract more and better investments into Chile, Colombia, Mexico and Peru.
Crafted by EY Peru, the guide —available in
Spanish and
English— contains attractive and relevant information on Pacific Alliance's initiatives regarding trade and integration, as well as services and capital.
It also features a summary of Pacific Alliance member countries, as well as their production and export figures.
Additionally, it includes essential information on the rules governing investment, plus legal, tax and regulatory requirements to enter any of the four markets.
In this sense, the report guides investors —from around the world— in making decisions for business and investment development in each country, part of the regional mechanism.
Pacific Alliance
Created in 2011, the
Pacific Alliance has consolidated itself as the world's eighth-largest economy, with a contribution of US$1.770 billion to
accumulated gross domestic product, which represents over 38% of Latin America and the Caribbean's GDP.
For 2017, an average growth rate of 2.3% is projected among its member countries, higher than the estimated growth for Latin America (1.1%).
The bloc attracts 41% of Foreign Direct Investment (FDI) allocated to the region, which amounted to US$42 billion in 2016.