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Argentina taking steps into the Pacific Alliance
By Estudio Chaloupka
Macri´s government seeks an international renewal for Argentina as the Mercosur (its regional bloc along with Brazil, Paraguay, Uruguay and Venezuela), has continuously decreased its activities and its global importance. Therefore, an approach to the Pacific Alliance seems like a logical fit for Argentina: Chile, Colombia, Mexico and Peru show the highest growth rates and the highest degrees of internationalization in the region.
The month of June was a landmark towards that direction for Macri. In Puerto Varas, Chile, the president participated in the XI Presidential Summit of the Pacific Alliance. There, Argentina formally joined the bloc as an observer country. "We want a Mercosur of the XXI century, with a clear vision of convergence with the Pacific Alliance", Macri stated.
Technical and quality standards, tariff issues, physical integration, agreements for investment protection, common regulations on standards for government procurement and Intellectual Property regulations are some of the issues that Argentina could negotiate as part of the Pacific Alliance.
Experts agree that joining the Pacific bloc could reintegrate Argentina into the global market. "In the last ten years Mercosur has prioritized the construction of a political union, while the Pacific Alliance focuses on economics targets to promote a more dynamic and efficient integration with the rest of the world", says a report by consultant IDESA. "Chile, Colombia, Mexico and Peru joined to trade more with the world, while Brazil and Argentina joined to trade less with the world, and more between them".
Estudio Chaloupka
Estudio Chaloupka Industrial Property is a professional firm specialized in Intellectual Property, existing as of more than 50 years (under different names), with a staff of professionals with a high level of technical and legal expertise in trademarks, patents, models and industrial designs, copyright, software, licensing, domain names and litigation.
The firm provides its clients - pertaining to the fields of pharmaceuticals, chemicals including agrochemicals, banking, luxury goods, equipment and supplies for the oil industry, footwear, garments, food and drinks, hotels- with a complete range of intellectual property services not only in Argentina but also throughout the world.
Our professional team is committed to providing clients with high quality services, tailored to their particular needs, allowing them to achieve their professional and business goals.
