Canada Invited to Become Associate Member of the Pacific Alliance

July 4, 2017

With its growing middle class and open, market-driven economies, the Pacific Alliance offers immense potential for business partnerships that will support growth, opportunities, and middle class jobs in both Canada and Latin America.

While in Cali, Colombia, the Honourable François-Philippe Champagne, Minister of International Trade, welcomed an announcement by the Pacific Alliance that Canada has officially been invited to start negotiations in the process to become an Associate Member of the Pacific Alliance...

The Pacific Alliance is a regional integration initiative founded in 2011 by Chile, Colombia, Mexico and Peru aimed at fostering the free movement of goods, services, capital and people among member countries.

Canada has comprehensive free trade agreements with all four members of the Pacific Alliance.

In 2012, Canada became the first non-Latin American country to become an observer with the Pacific Alliance...

Canada’s total merchandise trade with the Pacific Alliance member countries reached a value of $48 billion in 2016. The four countries of the alliance account for more than 75% of Canada’s two-way trade with the whole Latin American region.

This is excerpted from 29 June 2017 news release by Global Affairs Canada.


Topic(s): 
Rules of Origin & Trade Agreements / Trade Agreements
Information Source: 
Global Affairs Canada (GAC)
Document Type: 
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