The plenary session of the 14th Pacific Alliance Presidential Summit —the main event of
the regional integration initiative formed by Chile, Colombia, Mexico, and Peru— will take place Saturday in the Peruvian capital, Lima.
The event will be attended by Presidents
Martin Vizcarra (Peru), Ivan Duque (Colombia), Sebastian Piñera (Chile), and representatives of President Andres Manuel Lopez Obrador (Mexico).
According to the official agenda, the plenary session will be held between 11:20 AM and 1:20 PM at Westin Hotel in San Isidro district.
However, summit activities will begin at 9:30 AM with the official welcome ceremony.
After that, between 1:30 PM and 2:00 PM, the Pacific Alliance Presidents will meet with Ecuador counterpart Lenin Moreno to discuss his country’s attempt to join this regional trading bloc.
The signing of the Environmental Declaration and World Trade Organization (WTO) Declaration will take place at 4:15PM.
Finally, at 4:25 PM,
Peru, Chile, Colombia, and Mexico will sign the Lima Declaration. Afterwards, a message will be conveyed to the media.
Pacific Alliance
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.
Nowadays, it has become the axis of a new way of doing business in the continent.
On an annual basis, the Pacific Alliance rotates the pro-tempore presidency among its members.
Peru assumed the pro-tempore presidency of the Pacific Alliance at the bloc's summit held on July 24, 2018, in the Mexican city of Puerto Vallarta.
It must be noted Peru handed over the presidency to Chile in 2016, and then Colombia was chosen to hold it in 2017.
(END) CCR/RMB
Published: 7/6/2019