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October 2019

Belize Attends the 5th Korea-LAC Business Summit in Seoul Korea


The 5th Korea-LAC Business Summit, taking place in Seoul Korea from October 7th-8th, 2019, is one of the world’s largest international exchange events between the 26 IDB member countries and Korea. The objective of the forum, is to expand and strengthen commercial ties between Korea and the Latin American and Caribbean Countries, to provide a better understanding of investment and trade opportunities. The forum serves as a great opportunity for the productive exchange of ideas and information between companies working in trade and investment, transportation and infrastructure, and energy to name a few.

The event is organized and sponsored by the Inter-American Development Bank (IDB) in partnership with Korea’s Ministry of Economy and Finance, who invited Belize to (i.) participate in showcasing Belize’s investment opportunities, (ii) to discuss Investment in Infrastructure and Public Private Partnerships for improving lives, and (iii.) to participate in one on one Business Meetings targeting Food and Beverage  Companies. Belize is being represented by Thelma Montero, BelizeINVEST a unit of BELTRAIDE, Christy Mastry, Belize Infrastructure Limited (BIL), and Jody Williams, Marie Sharps Fine Foods Ltd.

For additional information, kindly contact the Belize Trade and Investment Development Service, BELTRAIDE, via email investment@belizeinvest.org.bz or at +501 822-3737.

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Business Development for the Indian Creek Mayan Arts Women’s Group


In June of 2019, Belize Trade and Investment Development Service (BELTRAIDE), through the Small Business Development Centre Belize (SBDCBelize), and Ya’axché Conservation Trust (Ya’axché) signed a consultancy agreement to partner in providing business development assistance to the Indian Creek Mayan Arts Women’s Group (ICMAWG) located in Indian Creek Village, Toledo District.

A brief overview of the Indian Creek Maya Arts Women’s Group and their services.

The partnership between BELTRAIDE and Ya’axché has allowed the organizations to join efforts in providing support geared towards community development and empowerment. In particular the Indian Creek Mayan Arts Women’s Group is receiving business development advisory services and capacity building via a tailored training program from SBDCBelize. The aim is to develop the capacity of the members, finalize structure of the group, improve the current business model and to establish a formal governing guide to be implemented for operations of the business from 2019-2021.

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