The Peruvian Embassy in Japan participated in the Pacific Alliance's trade opportunities seminar, alongside representatives and trade advisors of the bloc's other members —Chile, Colombia, and Mexico.
Furthermore, trade advisors addressed services commerce —including software development, videogames, call centers, and franchises.
The Inca country's trade advisor pointed out Peru's service exports recorded a great boost, reaching US$7.4 billion in 2017, a 17% rise compared to the previous year.
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 Chile was handed over the presidency by Peru in 2016, and then Colombia was chosen to hold it in 2017.