BELMOPAN, Belize – The Belize government says it has signed a Partial Scope Agreement (PSA) with El Salvador aimed at significantly deepening the bilateral relations between the two countries.
It said that “this historic agreement opens strategic new markets for Belizean products while strengthening bilateral relations between the two countries”.
Minister of State for Foreign Trade, Marconi Leal Jr. reiterated the strong and enduring friendship that exists between Belize and the El Salvador and the importance of expanding regional and economic partnerships, navigating new and future challenges, and creating new opportunities for sustainable growth and economic development in an increasingly interconnected global economy.
The government said that in addition to securing preferential market access and diversification for Belize, the PSA also includes provisions that support and encourage cross-border investment through the establishment of a Bilateral Trade and Investment Promotion Group; technical cooperation and joint initiatives; and capacity building and knowledge sharing.
