Belize Signs Major Economic Deal with UAE

Posted: October 23, 2019 in Uncategorized

The Government of Belize and the Government of the United Arab Emirates signed an agreement on economic cooperation today 9th October, 2019 in Dubai, United Arab Emirates.

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Minister Contreras, Hon. Rene Montero, H.E. Oliver del Cid and H.E. Sultan bin Saeed al Mansouri

The agreement establishes a framework for expanding the economic relationship between the two countries in a number of key areas, including:

  • Trade in goods and services
  • Investment
  • Transportation
  • Agriculture, including Agro-processing, Livestock, and Fisheries
  • Energy and Renewable Energy
  • Industry
  • Infrastructure and Construction
  • Tourism

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The agreement includes the establishment of a Joint Economic Commission that will include public and private sector representatives and will be co-chaired by the Minister of Economic Development of Belize and the Minister of the Economy of the United Arab Emirates.

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Left to Right: Honorable Rene Montero, Lord Neil Gibson, Dubai Officials, Honorable Erwin Contreras, and H.E. Oliver del Cid

The Economic Cooperation Agreement was signed on behalf of the Government of Belize by the Hon. Erwin Contreras, Minister of Economic Development, Petroleum, Investment, Trade and Commerce, and on behalf of the Government of the United Arab Emirates by H.E. Sultan bin Saeed al Mansouri, Minister of the Economy.

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Minister Contreras, Hon. Rene Montero, H.E. Oliver del Cid

Minister Contreras was accompanied on this trip by the Hon. Rene Montero, Minister of Works, and H.E. Oliver del Cid, Ambassador of Belize to Mexico.

 

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