Trade Policy Review: Belize 2017

“Trade Policy Reviews" analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat, a report by the government, and the concluding remarks by the Chair of the WTO’s Trade Policy Review Body. The opening section - "key trade facts" - provides a visual overview of the WTO member's major exports/imports, main export destinations, origins for its imports and other key data. This edition looks into the trade practices of Belize.
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Report by Belize
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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