The tenth Pacific Alliance Summit saw the Presidents of Peru, Colombia, Chile and Mexico gather in the Peruvian seaside resort of Paracas. <br /><br /> There they discussed accelerating import and export procedures. It’s a move the leaders hope will boost the countries’ foreign trade.<br /><br /> At the summit Mexico handed over the presidency of the alliance to Peru.<br /><br /> Speaking following a panel discussion, Mexican President Enrique Pena Nieto said:<br /><br /> “The policies that the governments of Peru and Mexico have are similar. We have shared values. This allows our societies to have a better future and greater prosperity.” <br /><br /> The Pacific Alliance has 32 observer nations, including the UK, Germany, Spain, France and the US.<br /><br /> A trade-based partnership, it seeks to promote economic growth and development among the member countries.<br /><br /> However, figures released during the summit show trade between the four countries makes up just four percent of their total exports. This is despite the four countries making up o
