núm. 16 (2014): revista via iuris 16 (enero - junio)

Mexico, Chile, Peru and Colombia formed the Pacific Alliance as a trade block, which is expected to increase the flow of goods and services within their economies with the rest of the world, especially with Asia Pacific; likewise, geopolitically this new alliance hopes to become the most important partner in Latin America, in contrast to Mercosur or Brazil. This article aims to present the genesis and objectives of the Pacific Alliance, among which are: raising income, boosting economies to overcome poverty, attracting foreign investment in higher volumes, improving regional technological development, and extending the internal market to overcome low levels of productivity, and achieve integration and market penetration of the most prosperous countries in Asia: China, India and Singapore.