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Apr 6, 2018

Panama Shakes Hands with Belize on 2-Year Cooperation Agreement

One of Belize’s staunchest friends in Central America since 1981 is formalizing ties in a number of important fields that will be beneficial to both countries. Today, the Ambassador of Panama to Belize and the Foreign Minister penned a cooperation agreement that will open up new opportunities for the public and private sectors. News Five’s Duane Moody reports from the Laing Building.

 

Duane Moody, Reporting

This morning at the Laing Building in Belize City, a two-year cooperation agreement was signed between Panama and Belize.  The agreement offers cooperation in health, culture, tourism and technical and scientific information among others.

 

Marta Irene Boza

Marta Irene Boza, Panamanian Ambassador to Belize [Translated]

“Today I am very emotional and honored on behalf of the Vice President and Foreign Minister of Panama Isabel Saint Malo Alvarado to have given me the distinction and confer full powers to represent the government of the Republic of Panama to sign this two-year cooperation agreement work to strengthen the bonds of friendship and cooperation between both countries. With this agreement, we hope to achieve conditions that will allow us to develop and exchange experiences that are mutually beneficial since 1981 when relations were formed with Belize, which these sister countries continue to have. And that in the future, there are positive results of this agreement in areas established such as health, commerce, tourism, education, culture, sports, natural resources, environmental conservation and technical and scientific exchange.”

 

The wide-ranging agreement was signed by Panamanian Ambassador Marta Irene Boza and Foreign Affairs Minister of Belize, Wilfred Elrington before the diplomatic corp. Both countries have shared bilateral relations since 1981 when Belize got its independence and Elrington says that Panama continues to support Belize.

 

Wilfred Elrington

Wilfred Elrington, Foreign Affairs Minister, Belize

“Indeed Panama was the very first Latin American country that had pledged its solidarity for Belize’s quest for its independence back in 1981 and in fact that support has remained unwavering up to this time.  Panama is very solicitous about our safety, our security, our sovereignty and our territorial integrity and this has been the case since in fact, even before independence. Today’s signing will undoubtedly serve to further deepen and enhance the excellent relationship which we enjoy together. It is universally accepted that trade and investment is the lifeblood of our relation and it is noteworthy in that regard that Panama ranks among the top ten trading partners for Belize. Today that trade is largely concentrated on imports from Panama and in 2015, the total trade between our two countries exceeded eighty-three million dollars and that was in fact an improvement over the previous year by some eighteen million dollars.”

 

Elrington says that the agreement signed provides room for further expansion of the trading relations between both countries and an opportunity for private sector to seek more investment prospects with Panama. Duane Moody for News Five.

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1 Response for “Panama Shakes Hands with Belize on 2-Year Cooperation Agreement”

  1. Marie says:

    I hope it is really beneficial to the country and not reaping the little resource it has, hopefully it wont be importation of drugs too.

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