The Latin America is preparing its response to the European Union. The members of the Pacific Alliance managed to reach a revolutionary agreement. The leaders of Chile, Peru, Mexico, and Colombia decided to cancel the trade taxes, to integrate the diplomatic missions, and to issue the common visas for the visitors. Despite the fact that the alliance is rather young, just one year after the foundation it managed to achieve the borders opening for its citizens. As for the EU, it took the union 28 years to obtain the establishment of the Schengen Area. Unlike the European Union, the Pacific Alliance's members presently do not pursue any political goals, but there is a clear similarity between these organizations. However, the pace of development and scope of decision of the Latin American bloc are much more progressive. That fact makes the organization so attractive to the countries of this region. The potential members are Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, and Panama. According to the international experts, if the Alliance implements all its conventions, it can influence the Asian market as well as the world politics. Victor Semenov, the head of the Laboratory of the Institute of Latin America of the Russian Academy of Sciences, said that the population of the Pacific Alliance's countries, as distinct from the EU with its demographic problem, mostly consists of young and economically active people. Moreover, the Latin organization members have a great potential. “A confirmation of that is the way these countries successfully went through the economic crisis,” Semenov added.
