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03/02/2014 | Peru will participate in high-level Pacific Alliance meeting

Andina - Staff

Meeting will touch on trade issues covered by the Framework Agreement.

 

Peruvian Deputy Foreign Minister, Fernando Rojas, will participate in the 21st meeting of the Pacific Alliance’s High-Level Group, to be held in Mexico on January 30-31, 2014, the country’s Foreign Ministry (MRE) reported on Thursday.

The aforementioned gathering is expected to conclude negotiations on the Additional Protocol to the trading bloc’s Framework Agreement, which covers the understandings reached in the fields of trade, good and services.

Likewise, the high-level meeting will be preparatory of the upcoming 8th Pacific Alliance’s Summit, which is set to take place in Cartagena de Indias, on Feb. 10.

Within the framework of the summit, the four member economies will sing the Additional Protocol, an instrument which will remove tariffs on 92 percent of goods and services immediately, and the rest, over medium and short terms.

At the meeting of the High-Level Group, the top government officials will also examine important initiatives on mobility and migration of people, such as the Working Holiday Program for Youth and a proposal to develop cooperation on consular matter.

Formed by Deputy Ministers of Trade and of Foreign Affairs, the High-Level Group is in charge for the oversight of the works of the technical groups, the evaluation of areas in which progress could be made and the preparation of a proposal for the projection and external approaches to other regional organizations or groups.

The Pacific Alliance is an integration mechanism made up of Peru, Chile, Colombia and Mexico. It aims to build an area of deep integration that will move progressively forward towards the free circulation of goods, services, capital and people.

PeruthisWeek (Peru)

 



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