Secretariat TPR |
WT/TPR/S/353/REV.1 |
S-I§30 |
Belize |
2017 |
Trade Policy Framework |
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In April 2016, the Government adopted the Growth and Sustainable Development Strategy (GSDS), which guides policies for sustainable and inclusive growth during the period 2016-20. (...)
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Secretariat TPR |
WT/TPR/S/353/REV.1 |
S-Table-II.2 |
Belize |
2017 |
Trade Policy Framework |
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Table 2.2 Main trade-related legislation, 2016
Area Legislation
Environment Environmental Protection Act, Chapter 328, Revised Edition 2000
Environmental Impact Assessment Regulations, Statutory Instrument (S.I.) 107, 1995
Pollution Regulations (S.I. 56, 1996)
Environmental Protection (Effluent Limitations) Regulations (S.I. 94, 1995)
Coastal Zone Management Act 1998, Chapter 329, Revised Edition 2003
(...)
Mining Mines and Minerals (Safety, Health and Environmental) Regulations No. 33, Revised Edition 2003
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Secretariat TPR |
WT/TPR/S/353/REV.1 |
S-II§28 |
Belize |
2017 |
Trade Policy Framework |
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Relevant information
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Food security and its link to the depletion of fishing resources is another concern for Belize. Belize supports the ACP position that seeks a decision on the elimination of fisheries subsidies which have led to over-fishing and illegal, unreported and unregulated (IUU) fishing.
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Secretariat TPR |
WT/TPR/S/353/REV.1 |
S-II§36 |
Belize |
2017 |
Trade Policy Framework |
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In addition to trade in goods, the EPA covers trade in services; investment; intellectual property; transparency in public procurement; competition; and development support. Sectors excluded are processing of nuclear material, trade in arms, audiovisual services, national maritime cabotage, and air traffic rights. Annex IV F to the Agreement lists limitations to market access and national treatment for trade in services.
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Secretariat TPR |
WT/TPR/S/353/REV.1 |
S-II§52 |
Belize |
2017 |
Trade Policy Framework |
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Relevant information
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There are provisions related to investment in the EU-CARIFORUM EPA and in the Partial Scope Agreement between Belize and Guatemala. The EPA provides that the EU and CARIFORUM States must ensure that investment is not encouraged through any lowering or relaxing of environmental, labour, occupational health and safety legislation, core labour standards or laws aimed at protecting and promoting cultural diversity. Annex IV F of the EPA contains limitations to investment in services. The PSA with Guatemala requires each party to treat investment from the other party on the same terms and conditions it applies to any third party.
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Secretariat TPR |
WT/TPR/S/353/REV.1 |
S-II§54 |
Belize |
2017 |
Trade Policy Framework |
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Relevant information
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Belize Trade and Investment Development Service (BELTRAIDE), a statutory body operating within the portfolio of MEPITC, serves as the first stop for individuals and businesses seeking to invest in Belize. It assists them with relevant information and contacts, provides guidance throughout the entire investment process, and administers investment incentives schemes. According to BELTRAIDE's investment manual, six areas of investment have been prioritized: agri business (inclusive of fisheries and aquaculture), tourism, medical tourism, international financial services, renewable energy, and business process outsourcing (BPO).
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Secretariat TPR |
WT/TPR/S/353/REV.1 |
S-II§59 |
Belize |
2017 |
Trade Policy Framework |
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The Cabinet Sub-Committee on Investment (CSCI), formalized by a Cabinet Decision in 2014, is a ministerial committee responsible for reviewing large investment projects (exceeding US$5 million) and conducting assessment and due diligence to ensure meaningful investments and maximize benefits to the people and Government of Belize. The CSCI is chaired by the Minister of State of the MEPITC. A framework (known as the five point analysis) has been established in order to provide transparency and a methodology to assess proposed investments. According to the framework, a proposed investment should: (a) be socially and economically acceptable and legally doable; (b) bring revenue to the Government; (c) bring meaningful employment; (d) bring foreign exchange; and (e) preserve and possibly enhance the environment and respect the cultural heritage of Belize. This procedure is applied to investments other than those covered under the EPZ, free zones and fiscal incentives programmes.
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Government TPR |
WT/TPR/G/363 |
G-II§1 |
Bolivia, Plurinational State of |
2017 |
Trade Policy Framework |
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Relevant information
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Since 2006 and for 11 consecutive years, in an attempt to construct a new country capable of recovering sovereignty, industrializing and exploiting natural renewable and non renewable resources sustainably for the Bolivian people, the Plurinational State of Bolivia has been implementing and developing the economic, social, communitarian and productive model (MESCP).
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Natural resources
Renewable
Sustainable
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Government TPR |
WT/TPR/G/363 |
G-II§15 |
Bolivia, Plurinational State of |
2017 |
Trade Policy Framework |
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Relevant information
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Additionally, Law No. 144 on the Communitarian Agricultural Production Revolution of 26 June 2011 promotes the processing and marketing of agricultural and forestry products from the various players in the plural economy, with priority given to organic output in harmony and balance with Mother Earth.
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Government TPR |
WT/TPR/G/363 |
G-III§27 |
Bolivia, Plurinational State of |
2017 |
Trade Policy Framework |
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Relevant information
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The MESCP (economic, social, communitarian and productive model) is consistent with the international trade rules because it provides incentives for every aspect of complementary trade and is consistent with advancing and supporting the completion of the Doha Development Agenda (DDA) while seeking to achieve sustainable development in harmony with Mother Earth and Living Well. (...)
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