International News

Brexit prompts LatAm economies to seek unity

PUERTO VARAS, Chile, (APP/AFP) – Britain’s vote
to leave the European Union drove key Latin American powers to urge greater economic integration on Friday to protect their own trade relations from the fallout.
The call came at a summit of the Pacific Alliance, which groups
Mexico, Colombia, Peru and Chile.
“Despite the specter of disintegration raised by so-called Brexit,
the world has to organize itself into major blocs,” Chilean President Michelle Bachelet told the gathering.
Mexican President Enrique Pena Nieto said all four states hope to
forge a free-trade and migration zone between them.
The countries also discussed a possible tie-up with the five-member
South American trade bloc Mercosur and with Southeast Asian grouping ASEAN.
Argentine President Mauricio Macri attended the alliance gathering in
gesture of support for that move.