The Chamber of Commerce of the Grand Duchy of Luxembourg, in close cooperation with the Embassies of Peru, Chile, Colombia and Mexico will organise a seminar on doing business in the Pacific Alliance on Tuesday 26th of February 2019. The main purpose of this seminar is to develop new business opportunities between Luxembourg and the four countries (Chile, Colombia, Mexico and Peru) that are members of the Pacific Alliance, informing Luxembourg companies about the situation and trends of their markets, both in terms of international trade and investments, with special emphasis on sectors of particular relevance for the Luxembourg economy as well as those of the Pacific Alliance’s countries.
The Pacific Alliance is an initiative of regional integration, officially established on April 28th, 2011 by Chile, Colombia, Mexico and Peru. Its objectives are firstly to build a regional area of deep integration, secondly, to drive further growth, development and competitiveness to the economies of its members, and thirdly to become a platform of political articulation, economic and commercial integration. The countries in the Pacific Alliance already have bilateral agreements with the European Union. In the year 2000, a Free Trade Agreement came into effect between Mexico and the E.U.; in 2002, Chile signed the Association Agreement; and finally in 2012, Peru and Colombia signed the Trade Agreement with the E.U.
The Pacific Alliance is the eighth economic world power representing 40% of the GDP of Latin America and the Caribbean, 50% of the total trade and attracts 45% of the Foreign Direct Investment. It is the eighth export force worldwide. In 2017, it exported $562 billion and imported $564 billion. It attracts 55.9 million of foreign tourist annually while the four countries gather a population of 225 million persons and have an average per capita GPD of USD 18.000. It offers competitive advantages for international business that will be presented during the seminar.
This event will be enhanced by the presence of HE Gonzalo Gutierrez, Ambassador of Peru, HE Raúl Fernández Daza, Ambassador of Chile and HE Mauricio Escanero, Ambassador of Mexico as well as the Charge d´affaires of the Embassy of Colombia, Mr. Francisco Coy. It is open to all sectors of activities. The program will include presentations of the progresses that have been made on different aspects of cooperation, as well as business opportunities in the field of renewable energy, banking and finance, TIC, infrastructure and logistics and digital economy. There will be a company testimonial. In addition, in case of sufficient interest, a brief introduction to the Intellectual property rights in the Pacific Alliance countries and services offered by the IPR Latin America helpdesk could be done by an expert of Eurochambers. Also, as part of the program, companies will have the possibilities to meet the Embassies’ Economic & Commercial Attachés of each country.
Interested companies are kindly requested to duly complete the online registration form before Friday 22nd of February at the latest. For further information about this upcoming event, feel free to contact Mrs. Violaine Mathurin (Tel: 42 39 39-481) – E-mail: email@example.com.