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Pacific Alliance ministers polish documents ahead of summit

English.news.cn   2014-02-10 06:40:53

BOGOTA, Feb. 9 (Xinhua) -- Trade and foreign ministers from Pacific Alliance member countries met Sunday in the northern Colombian city of Cartagena to place the finishing touches on a roadmap to be signed by their countries' leaders at an upcoming summit.

Colombian Foreign Minister Maria Angela Holguin told reporters that the gathered envoys made progress on a protocol to be signed at the 8th Summit of the Pacific Alliance by the heads of state, including Peru's President Ollanta Humala, Mexico's President Enrique Pena Nieto, Chile's President Sebastian Pinera and Colombia's President Juan Manuel Santos.

The summit will start on Monday.

The envoys were also studying measures towards a 92-percent tax reduction on products traded among members of the alliance, a regional trade bloc that currently represents 35 percent of Latin America's gross domestic product and a combined consumer market of 212 million people.

Sunday's gathering was attended by Holguin and her counterparts from Chile, Alfredo Moreno, Peru, Eda Rivas, and Mexico, Jose Antonio Meade, as well as trade ministers of Colombia's Santiago Rojas and Peru's Magali Silva, Mexico's Economy Minister Ildefonso Guajardo and Chile's Deputy Trade Minister Alvaro Jana.

Costa Rican President Laura Chinchilla is also expected to attend the summit to sign a commitment to facilitating her country 's entry into the alliance.

The Pacific Alliance is a Latin American trade bloc created in 2011 in a bid to promote free movement of goods, services, capital and people among the member states.

Editor: Mu Xuequan
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