The presence of Pacific Alliance Ministers of Finance and Foreign Trade will become a means to boost one of the most dynamic blocs and a new stage in the integration process, Peru’s Foreign Trade and Tourism (Mincetur) Magali Silva affirmed on Monday.
The joint participation of the Pacific Alliance member-States is essential at the world's most important stock market, the government official said.
The Pacific Alliance is the group composed of Mexico, Chile, Colombia and Peru, which promotes the free transit of capitals, services and people, as well as cooperation among members. Thus, it generates expectations at the global level.
"I think that the Pacific Alliance will boost the Latin American Integrated Market (MILA) and promote investments in our country, after having overcome some initial legislative […] obstacles," the Minister added.
According to Silva, the NYSE sets the world’s economic trend. Thus, she considered the bloc's presence at the New York Stock Exchange an important step and a new stage with regard to investment promotion.
"We [the Pacific Alliance] are the eighth market at global level; we are among the world's most dynamic economies. Jointly, we comprise 230 million consumers. For us, being here fills us with pride […],” the Minister stated.
Long-term visions
"The idea is to assess why it [the Pacific Alliance] worked and the answer is because we have a long-term overview of our economies, since we see these have a great potential," Silva told.
The Minister of Foreign Trade and Tourism and other representatives from the Pacific Alliance countries participated in the opening bell ceremony at the New York Stock Exchange (NYSE).
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