The Mercado Integrado Latinoamericano, more commonly known as MILA, is a program that integrates the stock exchange markets of Chile, Colombia, Mexico, and Peru.
[3] MILA is largely a part of economic integration efforts among the Pacific Alliance member countries of Chile, Colombia, Mexico, and Peru.
In the same way, the companies participating in MILA have increased availability to capital by means of new investors.
[4] In September 2009, an agreement was signed by the Colombia, Chile, and Peru Exchanges, to create a unique market, with the objective to unite the equity trading platforms and in this way concentrate a bigger number of issuers, investors, and intermediaries.
[5] The Mexican Stock Exchange, BMV, announced its first trade made as part of MILA on 2 December 2014.