Peru will take over the pro tempore presidency of the Pacific Alliance at the bloc's next meeting to be held in Mexico this year, President Pedro Pablo Kuczynski announced Tuesday.
According to the Head of State, assuming the pro tempore presidency —at this time— is important to the Inca country, taking into consideration this regional bloc is currently in a growth phase.
This virtual summit was intended to review the major progress and projections of the Pacific Alliance
, with a strategic outlook towards 2030.
It also addressed topics such as sustainable development promotion, trade among bloc members, and citizens' well-being.
This trade bloc
is a mechanism for political, economic cooperation and integration aimed at finding a space to promote greater growth and competitiveness
of the four economies that make it up (Chile, Colombia, Mexico, and Peru).
On an annual basis, the Pacific Alliance
rotates the pro tempore presidency among its members.
It must be noted Chile was handed over the presidency by Peru in 2016, and then Colombia was chosen to hold it in 2017.