Foreign Affairs Ministers of Peru, Colombia, Chile and Mexico —countries that make up the
Pacific Alliance— held a work meeting with observer states of such economic and trade integration mechanism.
Earlier on Friday, the bloc's foreign trade ministers held a working session with observer states.
Afterwards, the non-member observers participated in a similar meeting with Pacific Alliance finance ministers.
The gathering will begin at 9:00 AM with an official welcome ceremony and the private meeting between Heads of State of the four founding nations.
About the bloc
The
Pacific Alliance —created in 2011— is an integration initiative focused on
reducing trade barriers, as well as fostering the free circulation of goods, services, capitals, and people across its territories.
The bloc relies on observer countries and represents the eighth-largest economy in the world.
On an annual basis, the Pacific Alliance rotates the pro-tempore presidency among its members.
It must be noted Peru handed over the presidency to Chile in 2016, and then Colombia was chosen to hold it in 2017.
(END) FHG/RMB
Published: 7/5/2019