July 19, 2021 – The Free Trade Commission of the Pacific Alliance (Chile, Colombia, Mexico and Peru), in which the Vice Ministers of Trade of the 4 countries participated, signed today an agreement (Decision number 12) that eliminates the technical obstacles to the commercialization of medical devices within the mechanism.
In other words, the same requirements were defined in the 4 markets for the commercialization of this type of goods, in terms of good manufacturing practices, certificates of free sale, sanitary registrations, labeling and conditions of sale that must be complied with in the trade of this type of goods. With the signing of this agreement, the countries assume the commitment to initiate the corresponding internal regulatory modifications.
This harmonization not only has a positive impact on the trade facilitation strategy in the Pacific Alliance and boosts trade within the bloc, but also becomes another mechanism that will help the safe economic reactivation of the countries.
With this, regulatory harmonization is now complete for 4 sectors: cosmetics, food supplements, household cleaning and now medical devices.
Trade in this type of products within the Pacific Alliance represents more than US$47 million.
PACIFIC ALLIANCE PPT COMMUNICATIONS