EU Representatives Meet with Briceño Administration

The European Union and the Government of Belize held their eight political dialogue in San Pedro on Monday evening.  The forum was used to address the relationship between Belize and the E.U.  During the meeting, the progress of the implementation of projects and programs under the Eleventh European Union Development Fund were also reviewed.  The European Union’s proposal for a Global Gateway Investment Agenda was also discussed. The trade and investment dimension followed up on the implementation of the EU-Economic Partnership Agreement and the challenges and opportunities therein. The broader challenge of access to affordable and sustainable financing was also addressed. As such, Belize highlighted the importance of the ongoing discussion of a Multidimensional Vulnerability Index, which is expected to change the criteria for small island developing states to access concessional financing.