Belize Ports Positioned for Mexico Trade Boost

In a landmark cross-border meeting held on November 12 at the Corozal Free Zone conference room, officials from Belize and Quintana Roo, Mexico, explored strategies to enhance trade, investment, and regional cooperation. The session, attended by high-level representatives from both jurisdictions, focused on leveraging Belize’s cost-effective ports as gateways for goods destined for southern Mexico and beyond. Quintana Roo’s delegation highlighted Belize’s strategic geographic location and its role in facilitating access to CARICOM and other regional markets, paving the way for targeted discussions on joint investment promotion and production initiatives. The meeting also addressed critical areas such as border management, gender-based violence interventions, and beach-erosion responses in the Chetumal Bay area. Both sides agreed to update two Memoranda of Understanding (MoUs) to modernize cooperation frameworks and bolster institutional support for cross-border commerce. The revised agreements will strengthen ties between Belize’s Ministry of Investment and Quintana Roo’s Secretaría de Desarrollo Económico, as well as between the Corozal Free Zone and the Recinto Fiscalizado Estratégico de Chetumal. The Quintana Roo delegation included senior officials from Mexico’s foreign relations, economic development, and trade agencies, while Belize’s team comprised representatives from the Office of the Prime Minister, the Ministry of Human Development, the Ministry of Immigration, the Corozal Free Zone, BELTRAIDE, and key investment and border-management units. The meeting concluded with a shared commitment to advance joint efforts in investment promotion, trade facilitation, and coordinated development initiatives, reinforcing the enduring partnership between Belize and southern Mexico.