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PRESS RELEASE: Strengthening the Bilateral Trade and Investment Relationship between Belize and Florida


On March 3 – 4, 2020, the Belize Trade and Investment Development Service (BELTRAIDE), a statutory body under the Ministry of Economic Development, Petroleum, Investment, Trade and Commerce of the Government of Belize (GOB), were hosted at a two (2) day outbound Belize Business Mission in Tallahassee, the capital city of the state of Florida in the U.S. Belize and the state of Florida have long maintained bilateral commercial relationships in areas of trade, investment and enterprise development. Apart from serving as the primary port and airlift gateway for Belizean exports and travelers into the U.S., many members of the Belizean diaspora also currently reside within the state presenting several opportunities for greater commercial, educational and other exchanges in development.  

For this reason, the mission was organized around the core objective of further assessing key points of partnership in trade and investment development with the state of Florida specifically, while promoting bilateral opportunities for market access and investment diversification. As a part of the visit, several meetings were held at the State Capitol with key members of the state’s legislature including members of the Senate and House of Representatives. The visit also included meetings with Florida’s Secretary of State, Laurel M. Lee, and Florida’s Lieutenant Governor, Jeanette Nuñez, in further discussing bilateral trade and investment engagements between Belize and the State of Florida. Furthermore, the mission included a meeting with Mr. Jamal Sowell, Secretary of Commerce and the CEO of Enterprise Florida, BELTRAIDE’s counterpart trade promotion and development agency.

The Belize delegation was led by Dr. Leroy Almendarez, Executive Director of BELTRAIDE and included Ms. Shahera McKoy, Manager of EXPORTBelize, and Mr. Hero Balani, Manager of BelizeINVEST Generation, units of BELTRAIDE. The mission was organized in collaboration with Mr. Michael D. Young, Executive Director of the Belize American Chamber of Commerce, as well as, Mr. Shawn Foster and Mr. Sam Wagoner of Sunrise Consulting Group in Florida. Several follow up actions are already underway including the potential organization of a follow-up mission from Florida to Belize from September 10 – 14, 2020.

EXPORTBelize , Beltraide, kick starts “EXPORTBelize Week”!


 
EXPORT Belize, a unit of Beltraide , kick starts ” EXPORTBelize Week” at the National Agriculture and Trade Show which was held on the 29th and 30th of April, 2017. Two of its clients were given the opportunity to showcase their products in an effort to increase local sales and to also build visibility and educate visitors on the services provided by EXPORTBelize.

 
This show saw hundreds of visitors from all over the country and hosted a variety of producers, businesses, and organizations who gathered to promote the services and products they offer. Games, live entertainment, raffle, give-aways, to name a few, were all activities in which these parties had in order to direct traffic to their booths.

EXPORTBelize also conducted secondary school visits to business students of Our Lady of Guadalupe High School in the city of Belmopan and Our Lady of Mount Carmel High School in Benque Viejo del Carmen. The objective of such visits were to build awareness of the services provided by the unit and to encourage the students that it is never too early to start thinking about their career paths and should they want to venture into becoming an entrepreneur, competing locally and gradually exporting, they are aware of some necessary steps that must taken.

HARVEST CAYE: THE NEW TOURIST MECCA IN SOUTHERN BELIZE


The Belize Trade and Investment Development Service (BELTRAIDE), under the auspices of the Ministry responsible for Investment, Trade and Commerce, is mandated to facilitate and promote investment in Belize. The massive investment happening at Harvest Caye in the southern part of the country is yet another vivid example of BELTRAIDE’s efforts to foster investments.

On Tuesday November 15, 2016 Belize Island Holdings Limited, a subsidiary of Norwegian Cruise Line Holdings Ltd, held a soft opening for its Eco/Adventure Cruise Port at Harvest Caye.largest-pool-in-central-america

 

Harvest Caye sits a few miles south from the Placencia mainland and it takes only eighteen minutes to get there by boat. Upon arrival, the visitor cannot help but to enter into a state of wonderment as the vast beauty of the island unfolds.

Its turquoise water, sandy beach lined with beach beds, huge pier, and array of restaurants and bars, butterfly farm, nature trails, the welcome center, shopping centers, massive lighthouse tower used for zip lining, water sports facilities and its condescending giant pool all infuse the visitor’s amazement.

 

The Eco/Adventure Cruise Port will allow cruise line passengers to experience Belize at its finest on the island that has all the imaginable amenities to pamper the discerning tourist.

Harvest Caye is stunningly spectacular! But so is the continuous support the project received from the Government of Belize.

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Like Harvest Caye there are also other projects that are benefiting from the Government’s keen commitment to foster investment.

10th CHINA-LAC BUSINESS SUMMIT OCTOBER 14th & 15th 2016



We’re pleased to invite you to participate in the X China-LAC Business Summit, which will take place October 14th and 15th, 2016 in Tangshan, China. This Summit is organized by the Inter-American Dvelopment Bank (IDB), the Chinese Council for the Promotion of International Trade (CCPIT), the People’s Bank of China and the People’s Government of the Province of Hebei.

We invite you to register soon to obtain the benefits of participating in this Summit. Please see Link below:

Register for FREE

To view the benefits the IDB offers small and medium sized enterprises in the region,

Click here

Remember that August 19th is the deadline for registering and receiving the benefits.

Don’t miss it!

BELTRAIDE HANDS OVER NEW BUILDING TO UB


The Belize Trade and Investment Development Service (BELTRAIDE) , officially handed over a new security and maintenance facility to the University of Belize (U.B.).

Hon. Tracy Taegar-Panton, Minister of State in the Ministry of Economic Development, Petroleum, Investment, Trade and Commerce with responsibility for BELTRAIDE, handed over the keys to the new building to Mr. Alan Slusher, President of the University of Belize  during a brief ceremony held this morning at the U.B.’s Faculty of Management and Social Sciences Campus in Belize City.

The L-Shaped building is approximately 2,000 sq. ft. and was built on a 36” x 14” reinforced concrete strip footing raised 24” above grade level with 6” reinforced core filled blocks. The walls comprise of 2” x 4” timber-frame cladded on the outside with construction latte paper and ¾” timber resembling plycem known  as cempestre plycem.  The inner walls are also timber-frame cladded with ½”drywall. The same applies for the ceiling. The roof comprise mainly of 2”x 6” rafters secured with hurricane clips and straps and cladded with red galvalume roofing.

The building is comprised of two sections – one for the U.B. Security Staff and the other for the U.B. Maintenance Department.  Each section comprises of an open office space, a private office and restrooms for each area.  The building is valued at approximately $60,000 Belize dollars and was built by Contractor Sergio Luna.

The facility is a part of a development agreement between BELTRAIDE and the University of Belize that was signed on September 17th, 2015 which entails the construction of the Belize Enterprise and Innovation Institute (BEI2), which will be located on the Faculty of Management and Social Sciences U.B. Belize City Campus. BEI2 will house two of BELTRAIDE’s technical units: SBDCBelize and EXPORTBelize and is designed to nurture entrepreneurship and innovation and strengthen Belize’s enterprise competitiveness.

The University of Belize and BELTRAIDE continues to foster a very productive and mutually beneficial relationship for the development of Belize!

 

 

 

 

 

BELTRAIDE holds Trade Clinic for entrepreneurs in Independence!


 

A group of entrepreneurs from Dangriga and surrounding villages had the opportunity to attend an information session to assist them in becoming more competitive. The Trade Clinic was held at the Independence High School Conference Room on 31st May 2016.

The Trade Clinic is the second session organized by EXPORTBelize, a unit of  the Belize Trade and Investment Development Service (BELTRAIDE) , with the aim to sensitize members of the private sector across Belize on regulations, requirements, export procedures and documentations   and opportunities that exist under trade agreements in order to do business in the local and international market.

The Trade Clinic included presentations from local partners including the Belize Bureau of Standards (BBS), the Belize Agriculture and Health Authority (BAHA), the Customs & Excise Department and the Directorate General of Foreign Trade. Topics included Standards , Export Procedures, Trade Agreement Opportunities and Sanitary & Phyto-Sanitary Measures among many others.

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EXPORTBelize provides customized needs based services in the areas of export development and promotion. The unit’s role is to encourage competitiveness of local businesses and to promote their products and services regionally and internationally by:

  • Supporting exporters with development promotion that will facilitate maximizing market opportunities in unison with trade agreements;
  • Collaborating with exporters in the promotion of their products and services locally, regionally and internationally;
  • Offering specialized business development services and mentoring;
  • Providing exporters with access to finance and research on product/services that can be capitalized.

The third Trade Clinic is scheduled for  July 6th in San Ignacio with venue to be determined at a later date.

Minister Panton delivers Keynote Address at Galen University Graduation


 

On Sunday, May 22nd, 2016, Galen University graduated ninety-nine students at its 13th Commencement Exercises held at the Muffles College Auditorium in Orange Walk Town.

Graduates received degreesin various fields including Anthropology, Environmental Science, Computer Science, Criminal Justice, Elementary Education, Accounting and Business Administration.

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Hon. Tracy Taegar- Panton, Minister of State in the Ministry of Economic Development, Petroleum, Investment, Trade & Commerce, delivered the keynote address, highlighting the emerging socio-economic needs and challenges in the public and private sectors and how  Belizeans can combine their skills, talents and experiences to shape a new future.  The minister stressed the importance of diversifying our economic base using technology, promoting innovation and entrepreneurship as well as maintaining open dialogue to foster co-ordination and objectivity on matters of national importance.

Galen University is a private Belizean university chartered and licensed by the Government of Belize. Its mission is to provide excellence in undergraduate, graduate and professional education to prepare students to achieve their dreams and goals. The university is committed to providing an exciting and stimulating a learning environment, innovative and supportive teaching, scholarships and active service to the community – with a unique focus on sustainable development throughout its courses, programmes and service

Continue reading “Minister Panton delivers Keynote Address at Galen University Graduation”

Six budding Belizean entrepreneurs displayed their products at this year’s National Agriculture and Trade Show !


As part of its mission to assist small business owners to become more competitive, Beltraide established a booth at the National Agriculture and Trade Show in Belmopan, which allowed several locally owned businesses to market and sell their products to a wide market of Belizean consumers.

Visitors to the booth had the opportunity to sample Fibber’s sauces, a variety of jams from Belizean Home Made Jellies, Tambranero sauces, mosquito repellent and beauty products from Jerusalem Beauty Company, beauty products from Cocoa & Company and Che’il Mayan chocolates.

 

Visitors also obtained first-hand information on the services offered by Beltraide as part of its role to attract and facilitate investment to Belize. The highlight of the activities at the booth was the raffling of  a gift basket of Belizean products and a basket of Jams courtesy of Belizean Home Made Jellies.

Beltraide signs MOU with Atlantic Bank


 

On Wednesday March 16th the Belize Trade and Investment Development Service, BELTRAIDE and Atlantic Bank Ltd. signed a memorandum of understanding to partner in outreach initiatives where possible. This first of its kind partnership features the Government’s leading development agency and one of the country’s largest financial commercial banks agreeing to sensitize entrepreneurs and the business community on services and products aimed to improve their business enterprises.

Beltraide X ABL MOU_00028

The agreement also seeks to promote global trade finance programs including pre-import and pre-export financing. Ms. Lejia Melanie Gideon, General Manager of Enterprise and Innovation Division, Beltraide signed on their behalf while Ms. Sandra Bedran signed on behalf of Atlantic Bank Ltd.

Beltraide X ABL MOU_00038
(L) Lejia Melanie Gideon – General Manager, Enterprise and Innovation Division , Beltraide and Ms. Sandra Bedran – Atlantic Bank Ltd. (R)

Beltraide X ABL MOU_00057
(L) Lejia Melanie Gideon – General Manager, Enterprise and Innovation Division , Beltraide and Ms. Sandra Bedran – Atlantic Bank Ltd. (R)

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