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October 2013

Invest Belize DVD


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The Belize Trade and Investment Development Service (BELTRAIDE) unveiled its Invest Belize Video on the 28th of October, 2013 at the ITVET building, upper flat conference room. In collaboration with Compete Caribbean, the mandate has been to ensure that the rich offerings of Belize are showcased in a manner that truly promotes and further develops the Belizean economy; whilst attracting competent investors. Belize is no longer Mother Nature’s Best Kept Secret, as efforts made have paved the way forward to ensure that the Natural Niche Belize effortlessly is highlighted as BELTRAIDE remains the pioneer in this venture.

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Sectors that have seen steady upswing include medical tourism, agri-business and energy. In addition, the service sector in Belize has seen impressive and measurable growth rate of 80%, particularly in the BPO sector. These sectors provide gainful employment for countless Belizeans across the length and breathe of this nation. Apart from the presentation of the Invest Belize Video, CEO Mr. Michael Singh will be keynote speaker addressing the way forward in terms of outlining the objectives and significance of the video.

To see the video, please visit our YouTube page by clicking the link below:

 

24th Annual Museum Association Of the Caribbean General Meeting


24th Annual Museum Association Of the Caribbean General Meeting

The Museum Association of the Caribbean (MAC) is holding its twenty-fourth annual general meeting under the theme “Pooling our Resources: Collaborations, Connections and Partnerships.” The goal is to develop concrete ideas and policies on how the association can address the challenges of museums in the region. The meeting is expected to convince the Ministry of Education throughout the Caribbean to put museology as a core subject in schools. And on this occasion, a new president of the MAC will be chosen. News Five spoke with the outgoing President Cyril Saltibus as well as Director of the Museum of Belize, Sherilyn Jones on the four-day conference.

 

Sherilyn Jones, Director, Museum of Belize & Houses of Culture

“The Museum of Belize is located here by the Central Bank Compound. The establishment of the houses of cultures is like an extension, an arm, of the museum because everything is so Belize City centric. We felt that we needed presence in the different municipalities in the districts and hence the houses of culture. They do community Continue reading “24th Annual Museum Association Of the Caribbean General Meeting”

It’s Time to Join BELTRAIDE Consultancy Directory!


Do you offer consultation services? Are you in a skilled profession? Most importantly, are you seeking for new clients? One thing is true: consistently attracting new clients is the most challenging part of running your business. It is time for you to join BELTRAIDE’s consultants Directory. Continue reading “It’s Time to Join BELTRAIDE Consultancy Directory!”


2014 Flavors of Belize Magazine

Request for Proposals – Publisher: CAribbean Export Outlook


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Background

The Caribbean Export Development Agency (Caribbean Export) is developing the inaugural publication of the Caribbean Export Outlook. This publication will focus on providing valuable information to readers on the status of trade and exports in the CARIFORUM member states. Readers will be able to subscribe to the publication on an annual basis and it will include content that speaks to the state of affairs of trade and exports in the region, projected sectors and markets for the region to capitalize on, cross cutting issues affecting exporters and investment opportunities in the region. In addition, the experiences of exporting firms and relevant regional and international contacts for firms will also be included.  A full outline of the main areas of the publication is available in Appendix 1.

In order to produce this publication, Caribbean Export is looking to work with an experienced publishing firm that will provide the following services, as outlined in the terms of reference:

•     Develop the design and layout
•     Sell and manage advertising
•     Manage the print production
•     Manage the distribution
•     Develop an electronic version of the publication

General Criteria

All publishers must:

  • Be nationals of the African, Caribbean and Pacific group of states or of the European Union
  • Have practical experience of at least ten (10) years in producing corporate publications including magazines
  • Have previously prepared digital publications
  • Have demonstrated experience in selling advertising
  • Have a proven track record in producing similar publications is required

Required Documentation

  1. At least two (2) examples of published magazines including electronic or online versions
  2. A sample cover and page layout for the Caribbean Export Outlook
  3. Proposal including information related to but not limited to Company Profile, Methodology, Key Experts, Timetable of Activities Continue reading “Request for Proposals – Publisher: CAribbean Export Outlook”

Latin American and Caribbean Economic System (SELA) workshop


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The Belize Trade and Investment Development Service (BELTRAIDE) in partnership with the Ministry of Foreign Affairs (MFA), the Inter-American Institute for Cooperation on Agriculture (IICA), and the Latin American and Caribbean Economic System (SELA) held its first workshop today, 22nd October, 2013, on the Internationalization of Agricultural SMEs in Belize.  

 

The workshop was geared at addressing the challenges faced by small and medium sized agricultural enterprises coupled with developing viable strategies to achieve these defined objectives in the long term.

 

SELA facilitated this process by acting as a catalyst conducting courses and workshops on the internationalization of SME’s, supported by experts from public and private organizations in several countries both regionally and internationally. In this manner, SELA performs the export promotion of micro and small enterprises in the agricultural sector and supports the growing industry.

  Continue reading “Latin American and Caribbean Economic System (SELA) workshop”

CARIBBEAN EXPORT LAUNCHES THE NATIONAL TRADE INFORMATION NETWORK


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Bridgetown, Barbados, October 18, 2013. The Caribbean Export Development Agency (Caribbean Export) officially launched the Belize National Trade Information Network (N-TIN) at the Radisson Hotel, Belize on Friday, October 11, 2013.

 

Belize is one of six countries identified in a region wide scan of the trade support institution landscape as being in the position to move ahead with the establishment of a National Trade Information Network (N-TIN). The other countries include Trinidad and Tobago, the Dominican Republic, Barbados,  Suriname, and Jamaica. Over the past year the Agency has conducted a series of workshops and consultative meetings with the selected countries to introduce the approach and methodology that will be undertaken in the formation of the N-TINs. According to David Gomez, Manager for Trade and Export Development at Caribbean Export, “the N-TINs are central to the delivery of enhanced trade information services and will contribute to the establishment of mechanisms at the regional level for similar services delivery…the process involves both data collection and compilation and identification of services that respond to the trade information needs of CARIFORUM exporters and the wider private sector.”

 

The National Trade Information Network is a collaboration between trade and business support institutions of the named countries who have committed to develop quality trade information within their respective country, required to support the development of a regional trade information system managed and implemented by Caribbean Export. The N-TINs will provide high quality, relevant and timely information on services trade, trade and economic statistics, market and sector briefs, tariff and non-tariff data, directory of businesses (exporter/buyers), links to important intermediaries e.g. Trade Promotion Organisation and Government agencies, and the structure and export performance of national economies within the CARIFORUM region.  Accurate information of this nature is critical to any private sector business that is looking to export.

 

Participation of members in the network will be governed by a Memorandum of Understanding (MOU)  which outlines the areas and modalities for the network members as it relates to the collection and dissemination of trade information.

  Continue reading “CARIBBEAN EXPORT LAUNCHES THE NATIONAL TRADE INFORMATION NETWORK”

Working for a Positive Change – BBS Technical Committees


The Bureau wishes to thank the experts that are currently engaged in national standards development work in the various technical committees below.

Kindly click on the link to view the present Technical Committees and the Belizean experts that are currently members of these committees.Working for a Positive Change – TCs Acknowledgement

Please contact the Bureau if you would like to know more about the work of the technical committees. As citizens of Belize, let us continue to contribute to our society by actively participating in the standards process. We welcome you to be a part of the process!!!

Creating a stir for competitiveness


Take a walk down any store or shopping center in Belize and one cannot help but to reflect on how the domestic market is bulging at the seams with imports. Foreign products line the aisles and greatly outnumber domestic products and it’s a strong indication that merchandise trade is alive and well for palates inebriated with the flavour of foreign lands, not to mention the importers who look for every opportunity to satisfy them. Understandably, businesses are driven by profit and remain ever so vigilant of those products that drive their bottom line. The domestic market twisted, turned, shaken or spun on its head is simply a reflection of a narrow and lacklustre manufacturing base that on occasion has sputtered very few successful domestic products.

Undoubtedly, these few products put up a good fight and from time to time rise to the occasion at home and abroad particularly at tradeshows where they are given the opportunity to be showcased as unique in the context of attracting visitors to our lands, but it’s hardly enough to turn the tables on the smother of imports. On the aggregate it is a fact that domestic demand cannot be met by local supply alone, it’s a reality that any developing country must face. I recall as a young lad, 10 or 11 years at most, foolhardy taking up this fight with a teenager in High School. Clearly I would be at a disadvantage not because he was older and bigger than me in size but rather he was already experiencing the nurtures of knowledge and wisdom that a higher education affords. Growing up at the door step of the Mexican border I argued that Belizean products were superior to those of mighty Mexico; imagine at this tender age, I was arguing on the basis of comparison as if I knew the dynamics of comparative advantage or competitiveness. I do not recall the reason for this argument nor do I recall on what grounds I stood or how I would come to this conclusion yet I blurted it out in stubborn fashion perhaps out of shear ignorance. The counter argument was one which rocked me from the grounds I stood upon but it is one that is deeply rooted in the reality that we come to face today; our food pantry was filled to the brim with Mexican products begging the question as to superiority. On a larger scale – traditional basic commodities considered – the Belizean food pantry remains a mirror reflection of this trend, with products from markets near and far.

Socioeconomics aside it signals that not much has changed in the market that we flock to on a daily basis. The growing dominance we see today stems from the ability to compete on price and quality and strong consumer preference triggered by a willingness to pay for absurdities in some instances. Belizean products as great as some are, continue to be out matched with the pendulum swinging in favour of imports. By no means do I, for reasons previously mentioned, suggest that the economy can be positively charged any time soon to dramatically bring this trend to a screeching halt. However, it is a reminder that Belize’s competitive spirit must be dusted from the doldrums and bootstrapped to pull the market into range. This it must do in plutonic fashion if it intends to create new opportunities for domestic production which I must say, with much candour continues to flat line. With Partial Scope Agreements in Central America, Mexico and to some extent Asia on the horizon, the Government of Belize is doing what it must to counterbalance the dictates of trade, which at flashpoint is combusting at a rapid rate towards the global economy. While the government takes aim at the market it is also ensuring positive change among institutions, particularly those that can provide the necessary spark for Belize’s competitive engine.

The Belize Bureau of Standards is one such institution that is gearing up to do just that, bringing positive change to the scenes for domestic production and by extension services as the institution would be aloof not to consider the importance of services to economic growth. Today the Bureau is currently working on a total of 49 standards majority of which are service sector related. This changing tide is an indication that public and private institutions are coming to recognize the importance of standardization as a key ingredient in turning the tables on trade in goods and services regardless of how challenging this may be. In retrospect, I could never imagine that the drive for a competitive Belize would have been ignited many years ago but I am all too happy and proud to serve in this capacity.

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