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Introduction

  • John E. Spillan
  • Nicholas Virzi
Chapter
  • 624 Downloads

Abstract

The Pacific Alliance is a regional trade initiative of four countries: Peru, Mexico, Colombia, and Chile. It was established in 2011 with the Declaración de Lima. According to it, the members agreed to establish a trade alliance with aims to Asia and an economic integration with the Mercado Integrado Lationamericano (MILA). These four countries have a population of 227.98 million, produce $1,749.73 billion and have a GDP per capita of $7,674.85, in current, nominal dollar terms. The primary aim of the Pacific Alliance (Pacific Alliance) is to promote and improve trade among Latin American countries and also to become a major trade group among the worldwide trade entities.

References

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Copyright information

© The Author(s) 2017

Authors and Affiliations

  • John E. Spillan
    • 1
  • Nicholas Virzi
    • 2
  1. 1.University of North Carolina at PembrokePinehurstUSA
  2. 2.Universidad Pontificia de SalamancaSanta Catarina PinulaGuatemala

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