Government TPR |
WT/TPR/G/353 |
G-I§1 |
Belize |
2017 |
Trade Policy Framework |
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Belize’s economy remains rooted in the performance of the services sector and the resilience of the agro-productive sector, which contribute significantly to the country’s foreign exchange earnings. The focus remains on developing a strategic approach to trade policy and attainment of the Global Sustainable Development Goals, which have resulted in a National Trade Policy Framework (NTPF) and a Growth and Sustainable Development Strategy (GSDS). The Cabinet of Belize has also recently endorsed in principle the development of the National Investment Policy and Strategy (NIPS).
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Government TPR |
WT/TPR/G/353 |
G-I§2 |
Belize |
2017 |
Trade Policy Framework |
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Relevant information
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Belize is faced with serious challenges and constraints emanating from: the need to become climate resilient in the marine and agro-productive sectors; (...)
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Government TPR |
WT/TPR/G/353 |
G-III§2 |
Belize |
2017 |
Sectors |
General environmental reference |
Agriculture |
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(...) Even though the agricultural sector is steadily growing it is constantly being threatened by disease and natural disasters. (...)
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Government TPR |
WT/TPR/G/353 |
G-III§3 |
Belize |
2017 |
Sectors |
General environmental reference |
Agriculture, Energy |
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(...) The sugar industry as of 2015 employs approximately 5,402 farmers, most of which are in the northern sugar belt; western Belize welcomed a huge investment in the sugar growing and manufacturing. The investment is expected to boost domestic exports of raw sugar and molasses, and also has potential to increase energy production from sugar waste. (...)
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Government TPR |
WT/TPR/G/353 |
G-III§4 |
Belize |
2017 |
Sectors |
General environmental reference |
Agriculture |
Relevant information
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(...) The Banana Industry for the past three years has been encountering several challenges with the exiting of a major farm from the industry and the prevalence of natural disasters including disease. (...)
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Government TPR |
WT/TPR/G/353 |
G-III§10 |
Belize |
2017 |
Sectors |
Other environmental requirements |
Fisheries |
Relevant information
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Recent results of field research on Queen Conch and Sea Cucumber stocks have helped Belize to develop and implement improved management strategies for these fisheries to ensure sound management and sustainable use. The full implementation of Managed Access Program and implementation of an Adaptive Management Framework (AMF) to all fishing areas in Belize is designed to address the need for assessment and management of data-limited fisheries. The expansion of marine protected areas to 21.7% of the territorial sea, coupled with a planned expansion of replenishment area (no-take zones) from 3.15% to 10% will undoubtedly place Belize in an advantageous position to better manage its fishery resources and contribute to the sustainable growth and development of the sector.
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Government TPR |
WT/TPR/G/353 |
G-III§12 |
Belize |
2017 |
Sectors |
General environmental reference |
Fisheries |
Relevant information
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Belize continues to identify ways to use its fishery resources in a sustainable manner and fight illegal and unreported fishing activities through continued development and implementation of adequate fisheries legislation. Training of enforcement personnel and continued cooperation with collaborators and partners in co-management and compliance with sub-regional and regional fisheries is ongoing.
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Government TPR |
WT/TPR/G/353 |
G-III§14 |
Belize |
2017 |
Sectors |
General environmental reference |
Energy, Manufacturing |
Relevant information
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Sugar and Molasses
(...)
The production of molasses also increased with operation by the new company. In a related understanding, the new company will now be generating an additional volume of cane waste (bagasse) which it intends to convert to electricity for the national grid.
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Government TPR |
WT/TPR/G/353 |
G-III§19 |
Belize |
2017 |
Sectors |
Investment measures |
Services |
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(...) In an effort to ensure a sustainable and profitable tourism sector, the Government has supported a value of US$93.35 million in travel and tourism capital investment. (...)
In 2012, the Government of Belize launched its National Sustainable Tourism Master Plan (NSTMP) 2012-2030, which serves as a long-term strategic framework for sustainable development of Belize’s tourism sector. As a result of the implementation of NSTMP, the Government has invested over US$40 million in capital investments that have served to enhance the tourism product and services offered by Belize with the goal of ensuring tourism’s contribution to national economic growth and giving full consideration for environmental and social developmental needs.
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Government TPR |
WT/TPR/G/353 |
G-V§5 |
Belize |
2017 |
Trade Policy Framework |
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Relevant information
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Belize recognises that investments should be directed to areas where there is competitive and comparative advantages and where potential for growth is strong. Such priority areas for investment have been identified in: Tourism (Mayan ruins/sites, sports tourism, and education tourism) and Medical Tourism, Agribusiness (non-traditional agriculture and aquaculture), environmental goods and services (light manufacturing of wood products; bio-fuels, sustainable energy generation), and ICTs (Offshore Outsourcing, inclusive of Business Process Outsourcing (BPO), Informational Technology Outsourcing (ITO), and Knowledge Process Outsourcing (KPO).
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Environment
Bio
Sustainable
Energy
Forest
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