BELIZE – GUATEMALA PARTIAL SCOPE AGREEMENT

The Partial Scope Agreement (PSA) is an agreement between the Government of Belize and the Government of the Republic of Guatemala signed on the 26th day of June 2006. A PSA is a reciprocal (two way) trade on a small number of goods.

 

The objective of this agreement is to strengthen the commercial and economic relations between the Parties through:

      • The facilitation, promotion, diversification and expansion of trade in originating goods from the parties
      • Development of mechanisms for the promotion of investments
      • The establishments of a legal framework
      • Facilitation of the land transportation of goods
      • The establishment of an efficient, transparent and effective system to resolve trade disputes

 

In this agreement the Parties agree to REDUCE or ELIMINATE customs duties in connection with importation of goods. Guatemala imports products that Belize can easily supply on a consistent basis. These include:

      • Orange juice (spirited, sweetened or frozen)
      • Red kidney beans
      • Fresh fish
      • Livers and roes, frozen shrimps and prawns
      • Meat
      • Aquatic invertebrates
      • Crustaceans
      • Live poultry
      • Live swine
      • Maize (corn)

 

The PSA also provides for the promotion of investment between both countries, facilitating joint ventures and the issuance of necessary permits, licenses, and contracts for technical, commercial or administrative assistance relating to investments.

 

Reference

Back to top