May 1, 2011

Globalization: Peru, Chile, Colombia and Mexico form new economic alliance

Peru, Chile, Colombia and Mexico form new economic alliance » Wire Update News |: "Peru, Chile, Colombia, and Mexico on Friday signed and agreed to form a 'deep integration' area to boost the countries' development and economic growth.

The countries' four presidents met in Peru's capital of Lima to sign the 'Pacific Alliance,' which is aimed at increasing the region's integration, promote further growth and development, improve economic competitiveness, and advance in opening a free market for goods, services, capital, and people."

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