Belize completes first round of negotiations for agreement with El Salvador

Belize has launched the first round of negotiations for a partial scope agreement with El Salvador. This agreement is expected to provide export opportunities for industry and contribute to overall economic growth of both countries through promoting trade, foreign direct investments, employment and revenue generation. It will also deepen trade relations of Belize and El Salvador.

The first of three rounds of negotiations, which concluded with signing of an aide memoir between Belize and El Salvador, addressed a number of issues, including market access for agricultural goods and products, investments, cooperation, legal and institutional arrangements.

Chief executive officer in the Ministry of Foreign Trade, Mike Singh, encouraged the private sector to take advantage of the opportunity for engagement and partnership with El Salvador in the sphere of investments and market access, both for import and export purposes.

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