The Pacific Alliance and the Belt and Road Initiative
Asian Education and Development Studies
ISSN: 2046-3162
Article publication date: 28 April 2020
Issue publication date: 18 June 2021
Abstract
Purpose
Through the Belt and Road Initiative (BRI), China has built bilateral relations with Latin American states. The purpose of this article is to explore the potential for using the Pacific Alliance (PA) as a negotiating frame as regards the Belt and Road Initiative.
Design/methodology/approach
We use a descriptive and analytical methodology to recapitulate and analyze the factual and normative background of Latin American economic integration during the last three decades, a process that so far has culminated in the Pacific Alliance (PA) and an emphasis on the Asia–Pacific region.
Findings
We contend that the PA has been a learning process in terms of economic cooperation. In addition, it is a Latin American economic integration project that emphasizes its focus on the Asia–Pacific region. Considering the nature of BRI projects, as well as Latin American states’ and China’s interests, we contend that it would be beneficial if Chile, Colombia, Mexico, and Peru, the members of the PA, and China channeled their BRI relations through the PA. Thus, the PA should be China’s negotiating partner.
Originality/value
So far, the Belt and Road Initiative (BRI) in Latin America has been built upon bilateral relations. This article explores the possibility of developing the BRI through the Pacific Alliance (PA).
Keywords
Acknowledgements
Funding: Fondo Nacional de Desarrollo Científico y Tecnológico
Citation
Toro-Fernandez, J.-F. and Tijmes-Ihl, J. (2021), "The Pacific Alliance and the Belt and Road Initiative", Asian Education and Development Studies, Vol. 10 No. 3, pp. 421-432. https://doi.org/10.1108/AEDS-08-2019-0126
Publisher
:Emerald Publishing Limited
Copyright © 2020, Emerald Publishing Limited