The Pacific Alliance is a regional trade bloc in Latin America, established in 2011. It includes four member countries: Chile, Colombia, Mexico, and Peru. The alliance aims to promote economic integration, trade, and investment among its members, enhancing their competitiveness in the global market. The Pacific Alliance focuses on reducing tariffs, facilitating the movement of goods and services, and fostering cooperation in various sectors, such as education and tourism. It also seeks to strengthen ties with the Asia-Pacific region, recognizing the growing importance of these markets for its member countries.