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The Pacific Alliance - Member States and Observer States
The Pacific Alliance is a mechanism for the economic and commercial integration of Chile, Colombia, Mexico and Peru, formally established via the Framework Agreement of 6 June 2012. The Alliance also establishes an important commitment to cooperation in the matter of flexible migration.
The deep integration sought through the Pacific Alliance makes the markets of its Member States even more attractive to the rest of the world, particularly the Asia Pacific.
Following are the countries which were member states of the Pacific Alliance as of February 2014.
(Trade, investment and services)
As an economic bloc, Colombia, Chile, Mexico and Peru have a total population of over 209 million inhabitants, 36% of the Latin American and Caribbean total, with a Gross Domestic Product per capita of US$10,011.
The Gross Domestic Product (GDP) of the Pacific Alliance member countries accounts for 35% of the total Latin American and Caribbean GDP. In 2012, the Alliance Members States' average growth rate of 5% was higher than the global average of 3.2%.
High macro-economic stability and their capacity for annual market expansion are characteristic of the bloc's four Member States.
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This page was last modified 8-JUL-10
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