
The Pacific Ocean runs from north to south as well as east to west, a fact that Canada should not overlook, said Mexico’s ambassador to that country in an interview yesterday in Vancouver.
Francisco Suárez Dávila was in the city to attend an event promoting the Pacific Alliance, the trade group made up of Mexico, Colombia, Peru and Chile. “Canada should not forget that the Pacific also runs north and south and that its trade with the four countries of the alliance is much greater than what it has with Korea, Australia or Vietnam.”
The alliance, he said, is not an ideological grouping but pragmatic, and one that is on the leading edge of such agreements, having eliminated in just one year 92% of the tariffs on trade among its four members, along with visa requirements.
“The four represent a block of 200 million people, which is seven times more than Canada,” the ambassador said, who believes it’s a good time to talk about the alliance given that this is “the era of the Pacific . . . .”
While Canada already has individual trade agreements with the four countries, it offers additional advantages to the block of members in terms of rules of origin and common tariffs, said Suárez.
Yesterday’s event was organized with the Vancouver Board of Trade and was attended by the ambassadors to Canada of all four alliance members and local business leaders.
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