Pacific Alliance, composed of Mexico, Peru, Chile and Colombia, is currently ranked as the second largest user of the Panama Canal.
"Separately, Chile is the third, followed by Colombia as sixth, Peru is eighth and Mexico is ninth, but collectively they are the seconds largest user," said Mr. Arosemena in a forum on the prospects of joining that group, organized by the Inter-American Development Bank (Banco Interamericano de Desarrollo).
Photo by Juliette Passer, 2013
"The Pacific Alliance is all about regional integration that is booming not only in Latin America but worldwide," said Arosemena.
The Panamanian official indicated that for Panama it is important to join to provide an important platform for managing logistics for trade; besides the canal, citing the existence of a trans-isthmus railway communicating with dynamic ports on both coasts.