Friday, November 24 of 2017. Regional Value Chains and Cumulation of Origin Seminar held in Bogotá, Colombia with the support of the Interamerican Development Bank.
Participants of the seminar highlighted the cumulation of origin as a tool to achieve an effective integration in regional and global value chains, being one of the main achievements of the Trade Protocol of the Pacific Alliance to allow this to happen.
The seminar is part of the identified activities in the roadmap established in Buenos Aires between the ministers of Pacific Alliance and Mercosur on April 7, 2017.
The Pacific Alliance was born as an economic and development initiative between four countries of Latin America: Chile, Colombia, Mexico, and Peru. Since the year 2011, the Pacific Alliance has become the axis of a new way to make business in Latin America.
The key is the articulation of forces that goes beyond borders. This is a political and economic articulation mechanism of cooperation and integration that aims to find a space to promote a greater growth and competitiveness of the four economies that conform it. Members of the Pacific Alliance trust that this is possible through a progressive advance of the free movements of goods, services, capital, and people.
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.
DECLARATION OF CALI
The presidents of the Republic of Chile, Michelle Bachelet Jeria; of the Republic of Colombia, Juan Manuel Santos Calderón; of the United States of Mexico, Enrique Peña Nieto; and of the Republic of Peru, Pedro Pablo Kuczynski Godard, reunited in Santiago de Cali, Colombia, on June 30th, 2017, at the XII Summit of the Pacific Alliance.
1.- Our commitment to the Pacific Alliance as a process that promotes deep regional integration through the free movement of people, goods, services and capital, to strengthen growth and sustainable development aimed at improving the living standards of our inhabitants and thus facing regional and global challenges.
2.- Our satisfaction with the first year of entry into force of our free trade area through the implementation of the Additional Protocol to the Framework Agreement, as well as with the significant advances in regional integration after six years of existence of the Pacific Alliance.
3.- We welcome the announcement of the kick off of negotiations to grant Australia, Canada, New Zealand and Singapore the status of Pacific Alliance Associate State by concluding and implementing agreements with high standards of quality in trade disciplines. In this way, we are making progress towards achieving the founding objectives of the Pacific Alliance to promote a strategic integration scheme, which will boost the economic development and competitiveness of our economies. In the case of Mexico and Canada, these negotiations will be without prejudice to the validity and functioning of NAFTA, to which both countries are parties.
4.- Our commitment to free trade, regional integration and the strengthening of the multilateral trading system as means to promote competitiveness and development of our economies.
5.- Our conviction to continue promoting a green growth strategy as a way to face the challenges of climate change, which affect the region especially; reaffirm the declaration we endorse at COP 20 / CMP 10 in Lima in December 2014, as well as our endorsement of the Paris Agreement of December 2015, and we will intensify the efforts of our countries in the measurement, reporting and verification of CO2 and other greenhouse gas emissions with a view to identifying possible voluntary market mechanisms between the region.
6.- Our willingness to intensify efforts to incorporate the gender perspective in a transversal way in the programs and activities of the Pacific Alliance, recognizing the important role of women, including businesswomen and entrepreneur women in the growth and development of our countries, as well as for compliance with 2030 Agenda for Sustainable Development.
7.- We recognize and welcome the progress made by the Ministers of Finance in implementing their work agenda, which is set out in Annex 2, that seeks to promote integration in order to foster solid, stable and inclusive growth. Thus, we highlight the agreement to establish a debt fund that facilitates the financing of infrastructure projects and we value the decision to sign a multilateral agreement that approves the tax treatment of the income obtained by the pension funds recognized in our countries.
8.- Our recognition for the following achievements in the last year:
9.- Our satisfaction with more than 40 activities by the Pacific Alliance Technical Groups and Subgroups and more than 70 promotional activities led by our diplomatic representatives and promotion agencies, which reaffirm the complementarity and commitment of the Member States in deepening the four pillars of integration.
10.- Our approval for the incorporation of Croatia, Slovenia and Lithuania as Pacific Alliance Observer States, at the XVII Meeting of the Council of Ministers, held on June 2, 2017 in Mexico City.
11.- Our appreciation to the 52 Pacific Alliance Observer States that participated in the Meeting with the Council of Ministers on June 29, 2017. Likewise, we highlight the work done with the observers that during the last year have promoted activities and cooperation projects in areas defined as priorities by the Pacific Alliance, such as trade facilitation, SME internationalization, science technology and innovation, people movement and education.
12.- Our firm intention to strengthen integration in Latin America, for which we welcome the holding of the second Meeting of Ministers of Foreign Affairs and Ministers responsible for Foreign Trade of Mercosur and of the Pacific Alliance, in which a roadmap was adopted for the development of future works between the two mechanisms.
13.- Our satisfaction with the strengthening of the space for cooperation in areas of common interest and rapprochement with Asia-Pacific, through the holding in November 2016 of the Second Dialogue between the Presidents of the Pacific Alliance and the Leaders of the Economies of the Asia-Pacific Economic Cooperation (APEC) and the Third Ministerial Meeting between our mechanism and the Association of Southeast Asian Nations (ASEAN) in September 2016 which adopted a Framework for Cooperation.
14.- We thank the Pacific Alliance Business Council (CEAP) for its contribution to the integration process through its various proposals and recommendations to governments on issues such as trade facilitation and investment, regulatory cooperation, innovation, finance, entrepreneurship, development of new technologies, SMEs and education.
15.- Our recognition of the support and cooperation provided by the Inter-American Development Bank (IDB), the Latin American Development Bank (CAF), the Economic Commission for Latin America and the Caribbean (ECLAC), the Organization for Economic Co-operation and Development (OECD), the World Bank (WB) and the European Union (EU) of great importance to advance deep integration initiatives.
16.- We are grateful to the Republic of Chile for the work carried out in its capacity as Pro Tempore Presidency of the Pacific Alliance in the last year and our support to the Republic of Colombia in the exercise of this responsibility that it assumes today.
17.- We thank the authorities and inhabitants of Santiago de Cali and Valle del Cauca, for the kind reception that contributed to the XII Summit of the Pacific Alliance and associated meetings.
Santiago de Cali, Colombia, June 30, 2017
FOR THE REPUBLIC OF CHILE
Michelle Bachelet Jeria President
FOR THE UNITED MEXICAN STATES
Enrique Peña Nieto President
FOR THE REPUBLIC OF COLOMBIA
Juan Manuel Santos Calderón President
FOR THE REPUBLIC OF PERU
Pedro Pablo Kuczynski Godard President
July 3, 2016
June 30, 2016
June 26, 2016
June 16, 2016
March 16, 2016
March 7, 2016
11º Summit of the Pacific Alliance. Puerto Varas, Chile (July 1, 2016)
3º Business Summit of the Pacific Alliance. Puerto Varas, Chile (June 30, 2016)
16º Meeting of the Council of Ministers of the Pacific Alliance. Puerto Varas, Chile (June 30, 2016)
Ministerial meeting between the Pacific Alliance and its Observer States. Puerto Varas, Chile (June 29, 2016)
4º Business Matchmaking for SME’s of the Pacific Alliance. Santiago, Chile (June 22 – 23, 2016)
15º Meeting of the Council of Ministers of the Pacific Alliance. Mexico City, Mexico (June 8, 2016)
3º Tourism Matchmaking Forum of the Pacific Alliance. Lima, Peru (June 7 – 8, 2016)
4º Innovation and Entrepreneurship Forum of the Pacific Alliance. June 1 – 2, 2016
Presidents participation in the event “Investment Opportunities in the PA countries “. New York, USA (September 25, 2015)
3º Innovation and Entrepreneurship Forum of the Pacific Alliance. Puebla, Mexico (October 5 – 6, 2015)
10º Summit of the Pacific Alliance. Paracas, Peru (July 2015)
14º Meeting of the Council of Ministers of the Pacific Alliance. Paracas, Peru (July 2015)
3º Business Matchmaking Forum of the Pacific Alliance. June 17 to 18, 2015
9º Summit of the Pacific Alliance. Punta Mita, Mexico (June 2014)
1º Business Matchmaking Forum of the Pacific Alliance. Puerto Vallarta, Mexico
Meeting of the High Level Group (HLG) and the Council of Ministers of the Pacific Alliance (May 27 – 30, 2014)
8º Summit of the Pacific Alliance. Cartagena de Indias, Colombia (February 2014)
Meeting of Foreign Ministers. Mexico City, Mexico
6º Summit of the Pacific Alliance. Santiago, Chile (January 2013)
2° TOURISM ROADSHOW OF THE PACIFIC ALLIANCE IN CHINA
VOLUNTEER ACTIVITIES OF THE PACIFIC ALLIANCE
FOURTH SPORTS DIPLOMACY MEETING OF THE PACIFIC ALLIANCE