The Pacific Alliance: the New Star among Integration Groupings
... retain partner relations with China, but the TPP is attracting them as the largest world market, accounting for about 40 per cent of the world GDP [11] . When this market is created, it will surely become the main platform of profound integration in the Asia-Pacific region, and the Pacific Alliance members will be part of it. The negotiations are expected to be completed by the end of 2015, but the process of ratifying the agreement may take a number of years due to the complex approval procedures of such agreements in parliaments ...