The government of Mexico, through the Undersecretary of Foreign Trade of the Ministry of Economy (SE), participated in the meeting of the High-Level Group (GAN) of the Pacific Alliance (AP) in which the participating countries agreed on work on projects to advance the post-pandemic recovery.
The SE specified in a statement that the GAN is made up of the vice ministers of Foreign Trade and Foreign Relations of Chile, Colombia, Mexico, and Peru.
At the meeting, the participants talked about the status of the negotiations with the candidates for associated states, highlighting the progress in the negotiation with Singapore, with whom a prompt conclusion would be reached.
Likewise, advances in the area of economic empowerment of women were analyzed; the issue of single-use plastics; and progress in the Regional Digital Market strategy to promote economic recovery, the reduction of barriers to digital commerce, the use and exploitation of technologies, as well as the development of digital commerce that favors small and medium-sized companies.
The officials reviewed the projects of the PA Cooperation Fund, which seek to develop content on a digital platform in sectors that were affected by the covid-19 pandemic such as commerce, culture, tourism, fishing, small and medium-sized companies, among others.
This block of countries represents 41% of the Gross Domestic Product (GDP) of Latin America and attracts 38% of Foreign Direct Investment. As of 2019, the four economies that make it up have a population of 230 million people and have an average GDP per capita of $ 19.05.