Pacific Alliance Trade Pact Enters Into Force

News: The Pacific Alliance, a trade pact signed between Chile, Colombia, Mexico and Peru three years ago, entered into force on July 20. The new trade bloc aims to establish a commercial integration area based on the free circulation of goods, services, capital and people. The trade agreement abolishes certain import tariffs, according to the Colombian trade ministry, and allows citizens of member countries to more easily qualify for work visas in partner nations (Colombia Reports).

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