Meeting with Guatemalan Officials Promises Economic Boost
- Economy, Banking & FinanceGovernment & PoliticsRegional News
- February 8, 2024
- No Comment
- 1552
A Belize delegation to Guatemala has met with the Minister of Public Finance where several critical matters were addressed including the formalization of the Jalacte Border crossing in the Toledo District; the support for Belize’s entry into Central American Electric Interconnection System (SIEPAC); the enhancement of banking relationships between Belize and Guatemala, and the streamlining of the exportation of bananas to and through Guatemala to other Central American countries, including El Salvador. Love News understands that both Belize and Guatemala have expressed a commitment to formalize the Jalacte Border, indicating a new era of regional integration. According to the government, this initiative promises economic revitalization, job creation, and tourism promotion in Belize’s southern region. The Belize delegation was led by the Minister of State for the Ministry of Finance, Economic Development, and Investment, Christopher Coye, and included Dr. Osmond Martinez, CEO of the Ministry of Economic Development; Mrs. Elvira Mendez, Belize Counselor at IDB; and His Excellency Jose Alpuche, Belize’s Ambassador to the Republic of Guatemala.