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LatinNews Regional Monitor: Andean Group - 10 February 2017

Mercosur and Pacific Alliance set on convergence

Brazil’s President Michel Temer and his Argentine peer Mauricio Macri plotted how to set the Southern Common Market (Mercosur) on a new course on 7 February. Temer, who played host to Macri in Brasília, highlighted the need for Mercosur to seek greater integration within the region, placing an emphasis on closer ties with the Pacific Alliance, the trade bloc comprising Mexico, Colombia, Chile and Peru. In a joint press statement Macri seconded Temer’s remarks, singling out Mexico, which he said was “looking southwards with greater resolve” given the grey clouds of uncertainty when it looks to the north (implied but unstated).

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