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HomeBusinessEconomyBelize - Mexico signs memoranda for business collaboration

Belize – Mexico signs memoranda for business collaboration

By Government Press Office | BELIZE

BELMOPAN, Belize – September 8, 2022, marked a historic event and a forging of a business relationship between Belize and the State of Quintana Roo of the United Mexican States.

Two memoranda were signed by Belize and Mexico. The first memorandum was signed between the Corozal Free Zone and the Chetumal Industrial Park to facilitate collaboration between the two investment schemes and to collaborate on attracting investment and markets.

The second memorandum formalized the commitment between the ministry of finance, economic development and investment of Belize and the secretary of economic development of the State of Quintana Roo to establish a formal framework for inter-organizational technical cooperation and coordination, which will facilitate the implementation of activities:

a) Generate opportunities for investment and business;

b) Jointly develop regional investment programs and policies;

c) Promote investment opportunities through trade fairs, meetings, and exhibitions,

d) Promote cooperation in training and education for greater capacity building between institutions.

These MOUs will open the door for more meaningful business collaboration between the private sectors of both parties, facilitating easier information-sharing and providing greater business opportunities within a short time. These opportunities will range from tourism and cultural exchange to agro-industry, education, customs services and many more important business-related activities that closely link Belize and Quintana Roo.

Honorary witnesses were the prime minister of Belize John Briceño and Governor Carlos Manuel Joaquín Gonzàlez of the State of Quintana Roo. This historic signing is business-focused and will pave the way for collaboration well into the future.

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