18:11 | Puerto Vallarta (Mexico), Jul. 24.
Peru assumed the pro-tempore presidency of the Pacific Alliance at the bloc's summit held on Tuesday in Mexican city of Puerto Vallarta.
As is known, Chile was handed over the presidency by Peru in 2016, and then Colombia was chosen to hold it in 2017.
It must be noted this
regional bloc rotates the pro-tempore presidency among its members on an annual basis.
About
The
Pacific Alliance was established in 2011 as an economic and development initiative.
Nowadays, it has become the axis of a new way of doing business across the continent.
It is a mechanism for political and economic cooperation, as well as integration aimed at finding a space to promote greater growth and competitiveness of the four economies that make it up.
(END) JAA/MVB
Published: 7/24/2018