The Pacific Alliance and the Future of Trade in Latin America
A new trade bloc in Latin America, dubbed the “Pacific Alliance,” which encompasses Mexico, Colombia, Peru and Chile has created a counterweight to the region’s waning Mercosur. While Mercosur was meant to create open trade amongst its members (Argentina, Brazil, Paraguay, Uruguay and Venezuela) instead it has created protectionist insulation amongst this net of countries. The emergence of the Pacific [...]
