Pacific Alliance Case Study
INTRODUCTION
The agreement between the four countries is to approach growth and overall integration is looked upon as a pragmatic strategy. To work on both internal regionalization and an extra-regional integration with the rest of the world. Moreover the countries involved see eye-to-eye on economic and political grounds and more importantly must be backed by stable democracies, suitable economic climate and commitment to openness.
This essay will throw light on Mexico and Peru, their role in the Pacific Alliance and how this affects their association with the United States of America and the Asia Pacific.
In the recent past there has been a turn towards building strong ties with countries that cover the Asia Pacific that enhances wealth …show more content…
In terms of volume of trade amounting to 49% of Mexico’s imports and 78.8% of their exports. This result is largely due to the geographic closeness and dependency on the United Sates. From a political perspective, the Pacific Alliance has brought resistance in the region as it brings Mexico into South American territory - an area optically discerned by Brazil as its sphere of influence. In this similar realm, Mexico has lost its political authority in the Pacific Alliance as their strategies seem inclined to prioritize the United States, at the same time it is perceived by Colombia, Chile and Peru as one to balance out the power of Brazil in South …show more content…
With such investment and time taken to ensure strong integration with countries of the Asia Pacific, Peru’s focus does not deviate from its other trading partners. A large percent of their forging trade is under free trade agreements with the US, European Union and Canada.
Peru has always had strong ties with China and Japan that dates back centuries but since 2013 Peru ha increased it bilateral trade relations with South Korea particular focusing on defense, security sectors, science and technology and enabling collaborations between education and culture.
The big picture, Peru and other members of the pacific Alliance is looking to take advantage of Asia Pacific but opening up markets and possibilities, strengthening connection between sea and air to reap the benefits of better infrastructure, technology, transportation and educational and cultural exchange through academic institutions to promote and intellectual exchange and foster mutual understanding between members of the Pacific Alliance and Asia. There has also been some strive in promoting tourism flows from Asia; this has been achieved by freeing up the visa requirements from member of the
The agreement between the four countries is to approach growth and overall integration is looked upon as a pragmatic strategy. To work on both internal regionalization and an extra-regional integration with the rest of the world. Moreover the countries involved see eye-to-eye on economic and political grounds and more importantly must be backed by stable democracies, suitable economic climate and commitment to openness.
This essay will throw light on Mexico and Peru, their role in the Pacific Alliance and how this affects their association with the United States of America and the Asia Pacific.
In the recent past there has been a turn towards building strong ties with countries that cover the Asia Pacific that enhances wealth …show more content…
In terms of volume of trade amounting to 49% of Mexico’s imports and 78.8% of their exports. This result is largely due to the geographic closeness and dependency on the United Sates. From a political perspective, the Pacific Alliance has brought resistance in the region as it brings Mexico into South American territory - an area optically discerned by Brazil as its sphere of influence. In this similar realm, Mexico has lost its political authority in the Pacific Alliance as their strategies seem inclined to prioritize the United States, at the same time it is perceived by Colombia, Chile and Peru as one to balance out the power of Brazil in South …show more content…
With such investment and time taken to ensure strong integration with countries of the Asia Pacific, Peru’s focus does not deviate from its other trading partners. A large percent of their forging trade is under free trade agreements with the US, European Union and Canada.
Peru has always had strong ties with China and Japan that dates back centuries but since 2013 Peru ha increased it bilateral trade relations with South Korea particular focusing on defense, security sectors, science and technology and enabling collaborations between education and culture.
The big picture, Peru and other members of the pacific Alliance is looking to take advantage of Asia Pacific but opening up markets and possibilities, strengthening connection between sea and air to reap the benefits of better infrastructure, technology, transportation and educational and cultural exchange through academic institutions to promote and intellectual exchange and foster mutual understanding between members of the Pacific Alliance and Asia. There has also been some strive in promoting tourism flows from Asia; this has been achieved by freeing up the visa requirements from member of the