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Bridging the Pacific provides an image of two separate regions which share the Pacific Rim, becoming connected in multiple aspects, not limited to a predominantly economic interconnection. This image, thus, points toward a constructive mechanism to work toward a resolution of the over-arching global issue, including climate change. This image and the method for its practical implementation are suggested by the Forum for East Asia and Latin America Cooperation—FEALAC. In the overall field of regionalism studies, inter-regionalism can be considered as 'the third wave' under the new regionalism, and FEALAC can be located in this analytical framework. To begin, this paper traces the process and features of regionalism by typification of three different versions, or ideal types of regionalism. In this work, each type of regionalism is not viewed as a successor to, considered better than the previous one, but rather provides a typology for analytical purposes. Next, taking up this historical and analytical framework of regionalism, this paper examines the FEALAC in terms of its strengths and weaknesses considered from the perspective of the five systemic functions. Finally, this paper demonstrates the ways in which FEALAC can be considered a relevant framework of inter-regional governance. [ABSTRACT FROM AUTHOR]