Latin America and the Caribbean

September 26, 2018
Japan-Pacific Alliance Ministerial Meeting1
Japan-Pacific Alliance Ministerial Meeting2

On Wednesday, September 26, Mr. Taro Kono, Minister for Foreign Affairs of Japan, during his visit to New York to attend the United Nations General Assembly session, held a meeting for approximately 25 minutes with ministers and other participants from the Pacific Alliance, a regional group consisting of four Latin American countries (Chile, Colombia, Mexico, Peru). An overview of the meeting is as follows.

  1. Minister Kono stated that both Japan and the Pacific Alliance have developed on the basis of fundamental values, including democracy, rule of law, human rights, and market economy, and have benefited the most from a free and open maritime order in the Pacific. Minister Kono stated that Japan was committed to reinforce policy dialogue at any and all levels with the Pacific Alliance in order to materialize common strategic interests, such as promotion of free trade, including the early entry into force of the TPP11 Agreement, and resolving regional and global issues, including North Korean issues.
  2. The Pacific Alliance side stated that its cooperation with Japan, a strategic partner sharing common values, has important significance for enhancing the relationship between the Pacific Alliance and the Asia-Pacific in accordance with the "Strategic Vision 2030." It stated that amidst rising protectionism concerns, the Pacific Alliance would work with Japan to achieve the early entry into force of the TPP11 Agreement and strengthen the multilateral trade system as well as protect multilateralism. Furthermore, in order to become a more global player, the Pacific Alliance pledged to cooperate with Japan for resolving the common issues facing the international community.
  3. Minister Kono and the Pacific Alliance ministers and others shared the view that it was important to establish mechanisms for following up on this ministerial meeting, and expected that this meeting would result in concrete cooperation between Japan and the Pacific Alliance. 
(Note 1) Pacific Alliance
An economic group established in April 2011 comprised of Latin American countries along the Pacific coast, namely, Chile, Colombia, Mexico, and Peru. A free trade agreement has been concluded among the member states. Its major founding objectives are to further deepen economic partnerships among the member states and strengthen their relationship with the Asia-Pacific region. Japan joined as an observer in January 2013. 
(Note 2) Japan-Pacific Alliance Foreign Ministers' Meeting attendees (from the Pacific Alliance)
H.E. Mr. Rogers Martín Valencia Espinoza, Minister of Foreign Trade and Tourism of Peru
Mr. Rodrigo Yáñez, Director General of International Economic Affairs (DIRECON) and Vice Minister of Trade of the Ministry of Foreign Affairs of Chile 
H.E. Mr. José Manuel Restrepo, Minister of Trade, Industry and Tourism of Colombia
H.E. Mr. Ildefonso Guajardo Villarreal, Secretary of Economy of Mexico
(Note 3) Pacific Alliance "Strategic Vision 2030"
Action targets up to 2030 unveiled by the four countries of the Pacific Alliance in July 2018. The Strategic Vision lists measures under four pillars aimed at the liberalization of the movement of goods, services, capital, and people, with a view towards the further integration, development, and improved competitiveness of the economies as well as the achievement of the Sustainable Development Goals (SDGs).  

Back to Latin America and the Caribbean