News: Belize signs additional financial agreement with European Union

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Belize signs additional financial agreement with European Union

BELMOPAN, Belize -- A signing ceremony took place on Thursday morning in Belmopan between the Prime Minister of Belize, Dean Barrow, and the Ambassador of the Head of the European Union Commission in Jamaica, Marco Mazzocchi-Alemmani for the allocation of a financial grant for the Accompanying Measures for Sugar and the Special Framework of Assistance for the Banana Support Programme.

Belize Prime Minister,
Dean Barrow

The Accompanying Measures for Sugar Agreement provides for the total contribution of BZ$25.2 Million. It makes provisions for road design, construction and supervision, for a cane replanting programme and the institutional support of extension services. The overall objective is to reduce poverty and improve the standards of living of the rural population in Northern Belize.

The Special Framework of Assistance provides for a total of BZ$8,565,200 Million to assist banana producers in the provision of additional economic infrastructure and in the improvement of the quality of education and skills development. The main objectives include the education and training of teachers at Georgetown High School and strengthening of the Project Implementation Unit Agency.

The Ambassador commented that he was pleased with the work that has been done through the grants contributions to Belize over the past years and he does not see any objectives in maintaining the good relationship in the future. In return, the prime minister expressed his gratitude to the Ambassador on behalf of the people of Belize for their continued support.

An announcement was also made at Thursday morning’s signing of the decision in principle for the reopening of the European Union Commission office in Belize.

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