Costa Rica, Chile to promote "Alliance of the Pacific"

14:12, July 08, 2011      

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Costa Rica and Chile agreed to promote the newly launched "Alliance of the Pacific", in a bid to increase cooperation between Latin American and Asia-Pacific nations, officials said Thursday.

The consensus was reached by Costa Rican and Chilean Foreign Ministers Rene Castro and Alfredo Moreno at their meeting here, during which the two sides stressed the need for that effort, said a statement from the Foreign Ministry.

The bloc was launched by leaders of Chile, Peru, Mexico and Colombia on April 28, who signed a pact to deepen their nations' existing commercial ties and further open doors to lucrative Asian markets.

"Costa Rica is following these steps with interest, not only in terms of trade relations, but as a way to expand cooperation on education, culture, and the fight against drug trafficking and organized crime," the statement said.

Source: Xinhua
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