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Pacific Alliance Nations Seek Trade Agenda With Mercosur

The four presidents of Latin America’s $2.1 trillion Pacific Alliance bloc said integration is a tool for fighting inequality and they will seek a common agenda with the Mercosur group, led by Brazil and Argentina.

The leaders of Mexico, Colombia, Peru and Chile said closer ties will boost growth that can reduce poverty in what Chilean President Michelle Bachelet called the most unequal region of the world. Pacific Alliance officials plan to meet with Mercosur counterparts in November to discuss areas of agreement, she said yesterday at the Bloomberg Latin America Forum in New York.