The Pacific Alliance will develop “block-to-block” negotiations with other trade blocs such as the Association of Southeast Asian Nations (ASEAN), Peru’s Minister of Foreign Trade and Tourism Jose Luis Silva announced Sunday.
The minister stated the Pacific Alliance is a regional bloc which transcends the commercial interests, so that it can also undertake tasks such as the joint promotion of its member countries and achieve cooperation agreements in various areas of interest.
The Pacific Alliance also plans to open embassies in Morocco, Ghana and Singapore.
Moreover, he pointed to the bloc will start an information campaign on the benefits of its agreement with the aim exporters are aware of the advantages.
"We can, through production chains, export to Asia products which have origin designation, ie having source inputs of the four countries members," Silva told Andina news agency.
ASEAN is formed by Brunei, Burma, Cambodia, Indonesia, Laos, Malaysia, Singapore, Thailand and Vietnam, and brings together over 600 million people in Southeast Asia which accounts for about 10 percent of world production and five percent of consumption.
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