The seminar will be led by the embassies of Colombia, Chile, México, and Peru and the commercial offices ProColombia, ProChile, ProMéxico y PromPerú, with the support of the Chamber of Commerce of Indonesia.
Pacific Alliance. (Nov. 9/17). This coming November 21st the Pacific Alliance will be holding, for the first time in the city of Jakarta, the Meeting of Commerce and Investment where the investment portfolio of different sectors such as food industry, infrastructure, tourism, and renewable energy, among others will be presented in depth, alongside the products that the four countries of the Alliance produce.
Since the year 2012, the Pacific Alliance represents the seventh largest global economy with a potential market of 225 million people. The four member states offer additional advantages such as, a trade agreement, free movement of citizens and residents of the member states that are travelling to other countries of the Alliance, and the consolidation of the stock market in the Latin American Integrated Market (MILA).
The Pacific Alliance has 52 observer states, including Indonesia, and it’s currently in negotiations with four other states (Australia, Canada, Singapore, and New Zealand) working towards awarding them the status of Associate State.
The Pacific Alliance is a regional integration mechanism formed by Chile, Colombia, Mexico and Peru, established in April, 2011, and formally and legally constituted on June 6, 2012. This process seeks to create attractive markets among the member countries to achieve a higher competitiveness at an international level.