The Pacific Alliance of Colombia, Chile, Mexico and Peru to lead economic growth in Latin America in 2016

The Pacific Alliance including Colombia, Chile, Mexico, and Peru is expected to lead the economic growth in Latin America in 2016. As per the information published by the National Society of Industries of Peru, the GDP of aforementioned nations will represent growth rates of over 3%. These nations have implemented policies over the last decade to attract investment and trade. The business councils of these countries are preparing proposals for approval and reciprocal recognition of public procedures and permissions for the attractive sectors such as cosmetic, pharmaceutical, medical devices, dietary supplements, processed and fresh food.