The Central American Integration System (SICA) held an Achievement Expo in El Salvador where they reported on the several successful projects made possible through funding from the Republic of China, Taiwan . Among those achievements was the EMPRENDE Fund where owners of small business in Central America were given seed capital to develop, improve or expand their business. Recipients of the seed capital displayed their products to Tsai Ing-wen , president of Taiwan.Representing Belize was Rebecca Stirm, fashion designer and owner of Rebecca Stirm Clothing.
EXPORTBelize, a unit of Beltraide participated in International Customs Day held on January 26, 2017 at the Battlefield Park in Belize City. The day started with a brief opening ceremony by the Customs Department and then moved into a day long event where those organizations involved in the export process had booths displaying their services. Booths in attendance included the Bureau of Standards, the Department of the Environment, Atlantic Bank, Customs Brokers Association and CITO.
See photos below:
EXPORTBelize, Beltraide and The Nature Conservancy facilitated a working session with fisher groups from Hopkins, Placencia, Punta Gorda, Sarteneja, Dangriga and Belize City, along with a representative from the Belize Federation of Fishers, to discuss development of Belize’s Seaweed Industry. This session is just one activity under a Memorandum of Cooperation (MOC) signed between BELTRAIDE and The Nature Conservancy in November 2016. A key objective of the MOC is to encourage a sustainable seaweed industry in Belize that provides products for local and international markets and directly impact livelihoods of coastal communities while restoring ecosystem health.
Each group was given the opportunity to report on the status of development relating to seaweed and to report on challenges faced in trying to advance their seaweed operations. The discussions were fruitful and the groups embraced a collaborative approach, offering advice to one another and applauding each other for efforts and accomplishments to dates. Both Agencies took the opportunity to outline their roles in the partnership and facilitated discussions on strategies to address challenges faced. The session concluded with discussions on the way forward relating to capacity building, marketing, market research and other efforts to advance development of the industry.
BIP MAKES INVESTMENT IN BELIZE EASIER AND FASTER
Belmopan, 25th January, 2017: The Ministry responsible for Investment, Trade and Commerce (MITC) and BelizeINVEST, a unit of BELTRAIDE, joined the LOVE FM Morning Show team today to promote the Belize Investment Portfolio Campaign (BIP). This is an initiative which aims to foster the development of a national portfolio to fast-track investment generation efforts, both local and foreign, through targeted matchmaking of pre-packaged investment concepts and projects.
Through the advancement of the campaign, BELTRAIDE, through its technical unit BelizeINVEST, mandated to serve as Belize’s National Investment Promotion Agency, expects to further substantiate investment concepts submitted by key public sector Government Ministries and stakeholders into actionable business cases aligned with national development priorities.
Additionally, the campaign strives to support private sector investment projects seeking financing and / or investment partners by promoting and matchmaking these “shovel ready” business opportunities through various platforms regionally, inclusive of Connect Americas and the Caribbean Association of Investment Promotion Agency (CAIPA), key supporters and collaborators of this initiative in Belize.
The team was headed by Ms. Amparo Masson, Chief Executive Officer, in the Ministry responsible for Investment, Trade & Commerce and included Mr. Brian Lin, Senior Manager, Investment Development, BelizeINVEST and Ms. Lianne Torres, Investment Associate, BelizeINVEST, BELTRAIDE.
The discussion on the show was very lively and touched on a wide-range of areas as it relates to key Government investment programs and issues. Members of the general public also interacted with the team by making numerous phone calls to the show.
To join the Belize Investment Portfolio (BIP) kindly visit www.belizeinvest.org.bz/investmentportfolio
For any inquiries or additional information, please feel free to contact the BelizeINVEST team at firstname.lastname@example.org or via telephones: +501 822-3737 / 0175.
Representatives of the Belize Trade and Investment Development Service, (BELTRAIDE) and the Directorate General for Foreign Trade this morning went on national radio and television to launch a public awareness campaign to inform Belizean producers, potential exporters and exporters of the numerous opportunities available in the CARICOM market.
Ms Shauna Arnold, Export Promotion Officer at EXPORTBelize, a Unit of BELTRAIDE and Mr John Rivero, Trade Intelligence Economist at the Directorate General for Foreign Trade at the Ministry of Economic Development, Petroleum, Investment, Trade & Commerce, appeared on Open Your Eyes and LOVE FM’s Morning shows, and spoke on the suspension request of the Common External Tariff (CET) under CARICOM.
The CET is a harmonized coding system for the importation of goods outside of the CARICOM region. The request for suspension on the CET is made when a CARICOM member state cannot acquire a desired good from one of the CARICOM countries consequently seeking suspension or reduction of the tariff by the Council for Trade and Economic Development (COTED). Since there is a section under the CARICOM agreement that provides for the free movement of goods in which all imports from CARICOM Member States that meet CARICOM rules of origin enter duty free, the products outlined in CET suspension requests provides an indication of other products that Belizean producers can supply to the CARICOM region.
During the shows, both officers spoke at length on the trends for the demand of various goods in CARICOM. These include items such as coconut oil, soybean oil, soybean meal, palm oil, raw cane sugar, white refined sugar etc.
They also spoke on the assistance being provided to current and potential Belizean exporters by the Government, through BELTRAIDE, as well as the various fiscal development incentives available to Belizean businesses.
For further information on the CET suspension request please visit the BELTRAIDE website: www.belizeinvest.org.bz/exportbelize (click on CARICOM EXPORT OPPORTUNITIES).