Pacific Alliance and Mercosur start plans for free trade agreement

Pacific Alliance and Mercosur start plans for free trade agreement

Corporate & Sovereign Strategy Economy & Policy Argentina Brazil Chile Colombia Mexico Peru Paraguay Uruguay

Puerto Vallarta, Mexico, was Latin America’s virtual capital for a few hours on Tuesday, when Colombia's Juan Manuel Santos, Peru's Martin Vizcarra, Mexico's Enrique Peña Nieto, Chile's Sebastian Piñera, Brazil's Michel Temer and Uruguay's Tabaré Vázquez sat in the same room at the Mercosur - Pacific Alliance meeting.  It was the first high-level meeting between the two trade blocs, and the presidents from both regional groups signed a letter of intent to create a regional free trade agreement.

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