EXCLUSIVE Mercosur and the Pacific Alliance: Whither the Relationship? While Mercosur faces an internal spat regarding Venezuela becoming the bloc’s next president, the Pacific Alliance heralded the entry into force of a trade liberalization agreement eliminating tariffs on 92 percent of goods, among other moves aimed at boosting entrepreneurship, innovation and public-private partnerships. But, aside from the size of its internal market, what Mercosur potentially offers the Pacific Alliance is the potential to establish manufacturing value chains that are practically non-existent within the Alliance and weak throughout Latin America in general. Read the full column exclusive for Latin Trade by Cynthia J. Arnson, Director, Latin American Program, Woodrow Wilson International Center for Scholars. Nicolás Maduro dismissal threat grows Venezuela’s opposition […]
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