The Pacific Alliance (PA) is an initiative of trade bloc comprised by Chile, Colombia, Peru and Mexico whose regional integration objective is to foster economic growth, development and competitiveness of the member economies, through a deep integration moving progressively towards free movement of goods, services, investment and people.
The PA members represent 34 percent of the GDP of Latin-America; 50 percent of imports and 48 percent of exports of the region.
||Pacific Alliance Declaration is signed and establishes four working groups.|
||II Pacific Alliance Summit: countries agreed to establish a framework agreement. |
||Virtual Summit: Mexico agreed to present a duty free proposal of 100% of the tariff schedule.|
||III Pacific Alliance Summit: countries agreed to present access list and rules of origin. |
||Framework Agreement is signed, the Pacific Alliance is officially established. |
||Technical meetings in Chile: first exchange of trade interest and rules of origin.|
||Technical meetings in Peru: analysis of the duty free proposal of 90% of the tariff schedule.|
||Technical meetings in Colombia: progress in de duty free process.|
||Technical meetings in Peru: 87% of the tariff schedule reached duty free status.|