[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
Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
Israel's Operation Protective Edge is the third major offensive on the Gaza Strip in six years.
Muslims and Arabs in the US say they face discrimination in many areas of life, 13 years after the 9/11 attacks.
At one UN site alone, approximately four children below the age of five are dying each day.
Featured
As Snowden awaits Russian visa renewal, the world mulls role of NSA and expects more revelations from document trove.
A handful of agencies that provide tours to the Democratic People's Republic of Korea say business is growing.
A political power struggle masquerading as religious strife grips Nigeria - with mixed-faith couples paying the price.
The current surge in undocumented child migrants from Central America has galvanized US anti-immigration groups.
Absenteeism among doctors at government hospitals is rife, prompting innovative efforts to ensure they turn up for work.
join our mailing list