Vice Ministers of Foreign Trade of the Pacific Alliance participate in public-private dialogue on International Regulatory Cooperation

November 16, 2021.- Within the framework of the Meeting of the High Level Group of the Pacific Alliance (PA), which was held in person in Viña del Mar (Chile), the Public-Private Dialogue: Principles of Good Practices in International Regulatory Cooperation was held, with the participation of the four vice ministers of Foreign Trade of the bloc and representatives of the private sector.

The Dialogue began with the launch of the publication «International Regulatory Cooperation» of the Organization for Economic Cooperation and Development (OECD), presented by Nick Malyshev, head of the OECD’s Regulatory Policy Division, who also participated in the Dialogue.

The PA authorities Rodrigo Yánez, Undersecretary of International Economic Relations of Chile; Andrés Cárdenas Muñoz, Vice Minister of Foreign Trade of Colombia; Luz María de la Mora, Undersecretary of Foreign Trade of Mexico; and Diego Llosa, Vice Minister of Foreign Trade of Peru, highlighted the importance of sharing with the private sector the actions taken by the Pacific Alliance in regulatory matters as a tool to facilitate intra-PA trade and also to have the support of an entity such as the OECD to monitor the implementation of the regulatory annexes negotiated by the bloc.

The private sector was represented by Manuel José Prieto of the Federation of Chilean Industry (Sofofa) and Paolo Mazza Forno, president of the Chilean Sanitation and Disinfection Association (Asociación Gremial de Aseo y Desinfección de Chile). Industry representatives from the PA countries were also present virtually.

In his speech, Andrés Cárdenas Muñoz, representing the pro tempore presidency of the bloc, pointed out that the harmonization of technical requirements brings enormous benefits for the entrepreneurs of the four countries, such as lower production costs; a predictable commercial environment through clear provisions; safe, high-quality products; increased competitiveness; and closer ties and greater coordination between the authorities of the Alliance countries.

Additionally, during the Dialogue the vice ministers also addressed new issues of e-commerce regulations, fintech, last mile and services regulation.