Belize Seeks to Boost Exports Through Trade Agreements with Neighbors
And while domestic exports are down for the third quarter of this year, the government is hoping to strengthen the sector by tapping into new markets. Minister of Agriculture and Enterprise Jose Mai says that the country needs to boost exports by working with neighboring countries to establish trade agreements. He explained how recent decisions in the agriculture sector have bolstered trade between Belize and other nations.
Jose Abelardo Mai, Minister of Agriculture: “We can all learn from the experiences post COVID when we started heavy exportation of cattle to Mexico and Guatemala that just generated enough foreign exchange and created employment and income to families and you can see how much their sector grew. In one year I think the agriculture sector grew by 24%. So the more you export the better you are. The more you export the less your import the much better you are. So this is what we are doing, this is what Plan Belize said we will do. We will establish trade between Central American and to other countries that is exactly what we are doing. So whenever you can export more and import less, you produce your own food you’re in a pretty good position. Belize is blessed, I’ll tell you’re we’re the only country in Central America that does not import a grain of corn, not a grain of corn not yellow nor white. We are the only country in Central America and the Caribbean that exports corn and animal feed. We are the only country in Central America that does not need to import a grain of soybean, all of Central America and the CARICOM import soybean. We export soybean now so we live in a blessed country, a country of hard working people.”