• At the end of the Summit, Colombia handed over the pro tempore presidency of the regional mechanism to Mexico after a year of management.

January 26, 2022 – The XVI Summit of the Pacific Alliance took place today, with the participation of the presidents of Chile, Sebastián Piñera; Colombia, Iván Duque; Peru, Pedro Castillo; and the Secretary of Finance of Mexico, Rogelio Ramírez de la O.

During the Summit, the presidents signed the Bahía Málaga-Buenaventura Declaration, which expresses their “commitment to the Pacific Alliance as a priority integration mechanism for the foreign and trade policy of our countries, which contributes to their economic and social development.” For which they stressed the importance of expediting the execution of the mandates agreed upon in compliance with the founding objectives of the mechanism, especially in the areas of intra-regional trade; inclusive, sustainable and digital development; mobility of people; and international projection.

In the Declaration, the presidents also expressed their satisfaction at initiating the process of incorporating Ecuador into the Pacific Alliance as a full member, which will strengthen the trade integration ties of the region, to which end they mandated the High Level Group to begin work during the first quarter in accordance with the guidelines for the accession of the Pacific Alliance agreed in Mexico in May 2014.

And, they expressed their decision to initiate, during the first semester of the year 2022, the negotiation process with the Republic of Korea, as an Associated State, based on the agreed Terms of Reference.

See the complete declaration here