The Pacific Alliance, a regional integration scheme conformed by Chile, Colombia, Mexico and Peru has become one of the leading regional processes in the region. Based on a pragmatic agenda, its objective id to enhance economic integration amongst member countries, and face the challenges of trade and development, particularly those coming from the Asia Pacific region. Although being stated as the most important regional trade agreement within the Americas in the present century, the Pacific Alliance´s work on intellectual property has been minor, as opposed to treaties such as CPTTP where IP become the core of the negotiations . For instance, its Trade Protocol do not have a IP-related chapter, and the working group on IP has based it work on patent cooperation schemes. This paper analyze the Pacific Alliance work on Intellectual property, looking into the legal and political economy behind the lack of advances within this area.