RESULTS OF THE 11TH MINISTERIAL MEETING OF THE PACIFIC ALLIANCE
02 junio 2014
Fuente: Taken from Foreign Ministry of Mexico Website
Fuente: Taken from Foreign Ministry of Mexico Website
Mexico City, June 2, 2014.- The Mexican Foreign Ministry hosted the 11th Ministerial Meeting of the Pacific Alliance, which ended on Friday May 30 with the attendance that day of the Foreign and Trade Ministers of Chile, Colombia, Mexico and Peru.
The meeting was held to review the progress made by the technical groups and to set the agenda for the Pacific Alliance Summit that will take place next June in Punta Mita, Nayarit. At that time, Mexico will take over as President Pro Tempore of the Alliance from Colombia.
The ministers received a progress report on the commitments on trade and integration, the movement of persons, services and capital and cooperation.
Regarding the group's foreign relations, the work program with the observer countries was adopted, as well as the topics that coincide with the group's main areas of focus.
The ministers also welcomed Trinidad and Tobago and Belgium as new observers.
It was also agreed to hold a ministerial meeting to explain the Pacific Alliance to the member States and associates of the Southern Common Market (MERCOSUR) and other countries of the region.
The Pacific Alliance countries agreed to hold sporting, cultural and food-related events. During the upcoming Punta Mita Summit, there will be an exposition on the metals present in the member countries and various sports activities will be organized.
The Pacific Alliance is a regional integration initiative made up of Chile, Colombia, Mexico and Peru that was created on April 28, 2011. One of its main goals is to construct, in a participatory and consensual manner, an area of profound market-driven economic integration that will contribute to the free movement of goods, services, capital and persons.
The Alliance aims to promote the growth, development and competitiveness of the member countries' economies and to become a platform for economic and commercial integration as well as political coordination with global outreach, particularly towards the Asia-Pacific region.
