The Pacific Alliance (PA) is the most dynamic and innovative integration initiative in Latin America. It is made up of Chile, Colombia, Peru and Mexico. It was created on April 28, 2011 following the signing of the Lima Declaration.
The members of the Alliance are the most competitive economies in the region, their combined economy represents 40% of the GDP of Latin America and the Caribbean. Globally, it is positioned as the 8th largest economy in the world.
The similarity in the economic policies of the members provides a common outlook that facilitates decision-making. This is in contrast to other organizations in the region, such as MERCOSUR, where the membership of countries with different economic convictions makes it difficult to reach resolutions.
As you may notice, the four members of the Alliance have another feature in common: a coastline on the Pacific Ocean. This means that they will have access to Asia-Pacific, another fast-growing region where countries such as China, Japan, Korea, etc. are located. Additionally, it has access to Southeast Asia, to countries such as India, the Philippines, Indonesia, Thailand, Australia and New Zealand.
In order to achieve the stated objectives, there is the participation of public and private initiatives. Private initiatives include the Pacific Alliance Business Council's Internship Exchange. Public initiatives include volunteer work and scholarships for academic exchanges.
The PA has a digital agenda that seeks to identify the opportunities and barriers associated with e-commerce. These issues were addressed in the Declarations of Cali (2017) and Puerto Vallarta (2018).
In parallel, they will be able to benefit from access to the market of the party countries, being exempt from double taxation by means of the Convention for the Standardization of Tax Treatment under Double Taxation Conventions.
Those companies established in the Pacific Alliance will have:
The Pacific Alliance Business Council (CEAP) was created as a mechanism that seeks to make the vision and needs of the business sector known, as well as to reduce politicization in PA decision making.
This is made up of some of the most important businessmen in the economies of the member countries. Each country leads different topics to fulfill the objectives of the PA. Below you will find information on the topics led by each country, as well as the members that represent them in the CEAP.
Colombia leads in labor mobility and education, which is why it executes the Student Internships of the Pacific Alliance Business Council that was created on June 29, 2017 following the signing of a Memorandum of Understanding with the Colombian Ministry of Education.
This is a task that was given to the International Directorate of the National Association of Colombian Businessmen (ANDI).
The CEAP Internship Program is a free initiative with the aim of:
Through this program, companies have access to the regional talent of students from more than 41 universities!
If your company is located in Mexico, Chile, Peru or Colombia and is interested in diversifying its human capital and internationalizing with the support of an international intern, register here to receive information about the program.
For their part, students have the opportunity to carry out their professional internships in more than 174 companies.
Among the public opportunities there are volunteer and scholarship programs for students with nationality from member countries to learn more about the other members.
Program executed by the Technical Cooperation Group of the Pacific Alliance. It is aimed at young people between 18 and 30 years of age, nationals of the member countries and who have residence in their country of origin at the time of application. They have a minimum duration of two weeks and a maximum of four weeks.
Learn more about this initiative here
The financial support provided for scholarship recipients depends on the school level or task to be performed. The monthly support ranges from:
The scholarships offer the opportunity to carry out student and academic exchanges in the following modalities
In order to apply for this scholarship, you must have a minimum grade point average of:
You can learn more about these opportunities here.