[QODLink]
Americas

Pacific Alliance bloc focuses on Asia trade

Nations with combined population of 209 million aim to better integrate economies of Colombia, Mexico, Chile, and Peru.

Last Modified: 23 May 2013 12:42
Email Article
Print Article
Share article
Send Feedback

The nations of the Pacific Alliance are promising free trade with a focus towards Asia.

Together they have a population of 209 million, and a combined economic output of $2tn a year, which is about a third of all the wealth by Latin American countries, or the same as the region's powerhouse, Brazil.

The new group plans to be less political, more clearly focused on trade.

The idea is to better integrate the economies of Colombia, Mexico, Chile, and Peru.

Al Jazeera's Alessandro Rampietti reports from Buenaventura, Colombia.

88

Source:
Al Jazeera
Email Article
Print Article
Share article
Send Feedback
Topics in this article
People
Country
Featured on Al Jazeera
More than one-quarter of Gaza's population has been displaced, causing a humanitarian crisis.
Ministers and MPs caught on camera sleeping through important speeches have sparked criticism that they are not working.
Muslim charities claim discrimination after major UK banks began closing their accounts.
Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
Featured
The seizure of the Tabqa airbase highlights the Islamic State's consolidation of power in eastern Syria, analysts say.
Traditional spring festival blossoms outside India through fun runs, raves and TV commercials.
Parents unable to look after children are marrying them off at a tender age, exposing them to maternal deaths.
New measures needed as dozens of citizens fighting with Islamic State pose home-grown terror threat, PM Abbott says.
Israel has re-arrested dozens of Palestinians in the West Bank, an act a human rights group says is 'unjustified'.
join our mailing list