Peru's Foreign Affairs Minister Nestor Popolizio commemorated the eighth anniversary of the Pacific Alliance
, which he described as one of the most innovative integration schemes.
"Among the multiple initiatives carried out during our pro-tempore presidency, along with Chile, Colombia, and Mexico, special mention should be made of the dynamism of cooperation with observer States, following the first Pacific Alliance Technical Forum held April 23-24 in Lima," Popolizio said in a video posted on Twitter.
According to the diplomat, the first portfolio of integration mechanism projects was announced within the framework of such meeting.
Likewise, the official noted the process of strengthening institutions within the alliance through the construction of a digital platform, as well as the reinforcement of its external projection through negotiations with the European Union,
the Eurasian Economic Union
, the OECD
, and Japan
Popolizio took the opportunity to welcome the high-ranking authorities coming to Lima on July 5 and 6 as part of the 14th Pacific Alliance Summit.
"I take the opportunity to extend a warm welcome to senior authorities who will be coming together to continue promoting development and well-being of our citizens," he expressed.
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 pro-tempore presidency to Chile in 2016, and then Colombia was chosen to hold it in 2017.