Mexico, Colombia, Chile and Peru initiated a new relationship in 2011 called the Pacific Alliance. The goal of the Pacific Alliance is to focus on developing the trade of services which currently represent 60% of all trade between these countries. The rest will be an exchange of manufacturing, which when combined with the services trade, will be over 70% of trade related to the tourism and food industries.
This has been excerpted from the 19 July 2015 edition of El Economista and is available in its entirety at:
http://eleconomista.com.mx/industrias/2015/07/19/hoy-inicia-era-alianza-pacifico