The Pacific Alliance casts its cloud over Latin America

Abstract: In a joint declaration on 8 October 2013, the presidents of the Pacific Alliance (PA) – an organisation legally constituted in 2012 that is comprised of Chile, Colombia, Peru and Mexico – announced the conclusion of trade negotiations to remove all tariff barriers between its member states, thus making it the eighth largest economy in the world. This new free trade agreement (FTA) has attracted the interest of states and business sectors around the world, including the German Business Association for Latin America, which will dedicate its Latin American Day conference in November 2013 to this new group. The PA will remove 92 percent of all trade tariffs by the end of 2013 and progressively lift the remaining 8 percent. Whereas financial markets and some of its protagonists depict the PA as the new star in Latin America, the Bolivarian Alliance for the Peoples of Our Americas (ALBA) and most of the countries of the Southern Common Market (Mercado Común del Sur – Mercosur) see the PA

Object Details

• Location: Deutsche Nationalbibliothek Frankfurt am Main
• Extent: Online-Ressource, 8 S.
• Language: Englisch
• Notes: Veröffentlichungsversion ; nicht begutachtet

References and Relationships

• Bibliographic citation: GIGA Focus International Edition ; Bd. 8

Classification and Topics

• Classification: Wirtschaft

Contributors, Places and Time

• Event: Veröffentlichung
• (where): Hamburg
• (when): 2013
• Creator: Nolte, Detlef ; Wehner, Leslie
• Contributor: GIGA German Institute of Global and Area Studies - Leibniz-Institut für Globale und Regionale Studien

Further information

• URN: urn:nbn:de:0168-ssoar-360988
• Rights: Open Access; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
• Last update: 25.03.2025, 1:49 PM CET