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The Pacific Alliance and the Belt and Road Initiative

Juan-Felipe Toro-Fernandez (Universidad EAFIT, Medellin, Colombia)
Jaime Tijmes-Ihl (Research Center on International Challenges, Law & Business School, Universidad de La Frontera, Temuco, Chile)

Asian Education and Development Studies

ISSN: 2046-3162

Article publication date: 28 April 2020

Issue publication date: 18 June 2021

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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

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