December 9, 2021.- The Embassies of Chile, Colombia, Mexico and Peru in the Republic of Korea, in collaboration with the School of Public Policy and Management of the Korea Development Institute (KDI), held an Academic Forum on December 9 in Sejong City, headquarters of the Korean Public Administration, to commemorate the 10th anniversary of the creation of the Pacific Alliance (PA).

Under the coordination of the Embassy of Colombia, in its capacity as pro tempore presidency of the Pacific Alliance, the Academic Forum 2021 was attended by Dr. Chun Yoon-jong, Vice Minister of Trade and Negotiations of the Ministry of Industry, Trade and Energy of the Republic of Korea, who formally opened the Forum in the company of the Rector of the KDI School of Public Policy, Dr. You Jong-il, and the heads of the Embassies of the Pacific Alliance in Korea.

During his inaugural message, Vice Minister Chun highlighted his country’s strong coincidence with the integration objectives of the Pacific Alliance, in addition to expressing the Korean government’s deep interest in continuing to deepen its partnership with the member countries, in its capacity as an Observer State and an aspiring PA Associate State. The Vice Minister also emphasized the strategic nature of the PA for Korea, since, at the close of 2020, trade with the four countries accounted for 60% of its total trade in Latin America. Korea joined the PA as an Observer State in 2013.

In their speech, the Ambassadors of Colombia, Mexico and Peru, and the Chargé d’Affaires, a.i. of Chile, presented a detailed balance of the main achievements of the PA in its first 10 years, with emphasis on the actions implemented to fulfill the Strategic Vision 2030, which will deepen its level of integration to promote the development of its members.

Formally established in April 2011, the Pacific Alliance is a regional integration mechanism that brings together Chile, Colombia, Mexico and Peru, with the purpose of promoting greater growth, development and competitiveness of the economies and advancing the free movement of goods, services, capital and people.

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