Lima, September 23 (Andina-RHC) -- President Ollanta Humala announced Tuesday that the inclusion of observer states to the Pacific Alliance will be in the short or, at the latest, in the medium term.

Humala stressed the Pacific Alliance is not a political, but a pragmatic bloc that builds upon the experience of its member nations, the political willingness of their governments and the respect for values such as democracy.

He went on to add that it is necessary to analyze the interest of each of the countries willing to join this regional group as observers.

The Peruvian leader took part in the First Bloomberg Latin American Forum – Hosting the Pacific Alliance along with his Pacific Alliance counterparts from Colombia, Chile and Mexico.

Held in New York, on the occasion of the 69th United Nations General Assembly, the Latin American forum’s aim was to report on the achievements made by the Pacific Alliance after the first three years of its establishment.

The head of the Peruvian state and his peers Juan Manuel Santos (Colombia), Enrique Peña Nieto, (México) and Michelle Bachelet (Chile), took turns answering a variety of questions while speaking before an audience made up of leading entrepreneurs, investors and opinion leaders.

The forum discussed strengths and opportunities of the said regional integration initiative, as well as the main challenges facing the international market.