The Pacific Alliance is an economic integration agreement between Chile, Colombia, Mexico, and Peru. It aims to promote the free movement of goods, services, capital, and people between member countries. Key achievements so far include eliminating tourist and business visas for nationals, opening shared embassies, and establishing scholarships for student mobility. Next steps include further integrating air transport markets and jointly promoting the Alliance at international events to attract trade and investment. Costa Rica is also in the process of joining the Alliance.