The Pacific Alliance is an initiative of regional integration comprised by Chile, Colombia, Mexico and Peru, officially established on April 28th, 2011.

Its objectives are:

Build in a participatory and consensual way an area of deep integration to move progressively towards the free mobility of goods, services, resources and people.
Drive further growth, development and competitiveness of the economies of its members, focused on achieving greater well-being, overcoming socioeconomic inequality and promote the social inclusion of its inhabitants.
Become a platform of political articulation, economic and commercial integration and projection to the world, with emphasis on the Asia-Pacific region.

On July 24, 2018, the Declaration of Puerto Vallarta, Jalisco, México, was signed, having the Presidents acknowledged in subsection 16 that negotiations of the Medical Device Annex had been concluded, allowing for the elimination of technical barriers to trade towards the facilitation and increase of the commercial exchange in the region, by adopting best international regulatory practices to benefit population’s health.