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The year 2013 brought much attention to the Pacific Alliance (Alianza del Pacífico), the most recent regional integration initiative in Latin America. Building on the existing free trade agreements between them, the four members of the Alliance - Chile, Colombia, Mexico and Peru - have set the goal of advancing towards the free movement of goods, services, capitals and people, with the objective of creating an 'area of deep integration' to stimulate economic growth and competitiveness. Since ...