Belize’s First National Trade Policy is Approved!

October 09 09:18 2018 Print This Article

The Trade Policy seeks to achieve five (5) main objectives, outlined below:

I. Reduce the cost of doing business, enhance competitiveness and develop efficient production systems and capacities;
II. Improve trade performance for goods and services, diversify production and export basket and enhance value addition
III. Develop and enhance the growth of services trade and put in place an effective institutional and legal framework;
IV. Build and strengthen multilateral, regional and bilateral trade relations and enhance market access (entry);
V. Build a strong and effective institutional and legal framework for trade development, with competent human capital and an entrepreneurial mindset.

The Director General for Foreign Trade continues to work on finalization of the implementation plan for the policy in preparation for a public launch early 2019.