Economic and political blocs, such as the Pacific Alliance, seem to be gaining importance in today’s politics, but how do they work?
Four new states have joined the bloc representing the ever-growing international economic integration with Latin America
Asia’s major economies and the Pacific Alliance share ideologies and needs. It seems as if it is time to work together and build stronger economic ties.
Australia has started negotiations with Peru to reach a free trade agreement. This could be a stepping-stone to further relations with the Pacific Alliance
Pacific Alliance countries are in talks with countries including Australia and New Zealand to expand the trade bloc outside of Latin America.
Mercosur and Pacific Alliance summit will address potential convergence and Trump's protectionism
In theory, internal borders should not exist in Mercosur. In practice, customs, sanitary inspections and other paperwork mean that the trucks are delayed for up to 24 hours
Latin America needs greater economic integration and a merger of Mercosur and the Pacific Alliance should be the objective
The Pacific Alliance must be “ready to react” to a possible “surprise” in the U.S. presidential election, Mexican Economy Secretary Ildefonso Guajardo
European Union member-states who are observers to the Pacific Alliance should “work with commitment” with the bloc comprising Chile, Colombia, Mexico and Peru to move forward in the educational realm
The Pacific Alliance under the helm of Chile, will reach out for closer links with Mercosur, particularly since Argentina's decision to join the block as an observer.
In another display of economic openness Argentina’s president Mauricio Macri expresses his desire to strengthen its commercial ties with the regional bloc.
Chile and Uruguay seem to be on a path to a bilateral free trade deal. With the former in the Pacific Alliance and the latter in the customs union Mercosur, are the two blocs converging, or is Mercosur fracturing?