{"id":3813,"date":"2013-05-23T12:57:13","date_gmt":"2013-05-23T16:57:13","guid":{"rendered":"https:\/\/www.datamyne.com\/?p=3813"},"modified":"2022-05-04T10:12:10","modified_gmt":"2022-05-04T14:12:10","slug":"pacific-alliance-trade-in-free-flow","status":"publish","type":"post","link":"https:\/\/www.datamyne.com\/knowledge-center\/markets\/pacific-alliance-trade-in-free-flow\/","title":{"rendered":"Pacific Alliance: Trade in Free Flow"},"content":{"rendered":"

Barriers to trade are falling fast in the LATAM bloc based on shared market philosophy, not shared borders.<\/strong><\/p>\n

The presidents of the Pacific Alliance member nations \u2013 Chile, Colombia, Mexico, and Peru \u2013 met in Cali, Colombia today to sign an agreement that will remove tariffs on 90% of their merchandise trade, and to set a timetable for ending tariffs on the remaining 10%.<\/p>\n

As reported<\/a> in the Miami Herald, the trade bloc launched just two years ago is hoping to eliminate barriers to the free flow of goods, services, and labor, preliminary to claiming the role of the region\u2019s hub for trade with Asia. Good progress has been made in that short time. All four countries already have free trade agreements with each other \u2013 that\u2019s a prerequisite for membership.\u00a0 Mexico has dropped visa requirements for Colombians and Peruvians.\u00a0 Chile, Colombia and Peru have aligned their stock markets through the Mercado IntegradoLantioamericano.<\/p>\n

Guests at the summit include the presidents of Costa Rica and Guatemala. They\u2019re not the only ones closely watching the \u201cPacific Pumas.\u201d With strategies informed by East Asian success, they offer an \u201cemerging model for emerging markets,\u201d according to this FT opinion piece<\/a>.<\/p>\n

Our LATAM database covers the import-export trade of all four Pumas (as well as 13 other countries in Central and South America). We\u2019ve put together a \u201cQuick Look\u201d report on the bloc\u2019s trade in 2012 as a benchmark against which to measure the Alliance\u2019s progress as it puts its plans into action. It covers each country\u2019s top trade partners, share of trade (comparing US, China, EU, Mercosur, and the Alliance), top imports and exports by value.<\/p>\n

You can download this free, pdf report \u201cQuick Look @ Pacific Alliance Trade in 2012\u201d here<\/a>.<\/b><\/p>\n

To find out more about what our LATAM database can reveal about regional trade patterns \u2013 or supply and demand for your product \u2013 ask us<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Barriers to trade are falling fast in the LATAM bloc based on shared market philosophy, not shared borders. The presidents of the Pacific Alliance member nations \u2013 Chile, Colombia, Mexico, and Peru \u2013 met in Cali, Colombia today to sign an agreement that will remove tariffs on 90% of their merchandise trade, and to set […]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[6,8],"tags":[278,327,655,1027,1815,1196],"class_list":["post-3813","post","type-post","status-publish","format-standard","hentry","category-markets","category-trade-data","tag-chile","tag-colombia","tag-free-report","tag-mexico","tag-pacific-alliance","tag-peru"],"yoast_head":"\nPacific Alliance: Trade in Free Flow<\/title>\n<meta name=\"description\" content=\"Barriers to trade are falling fast in the Pacific Alliance. 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