Business in Belize, Belmopan

EENI Business School & HA University



Syllabus of the Subject: Foreign Trade and Business in Belize - Belmopan (Course, Master).

  1. Introduction to Belize (Central America)
  2. Doing Business in Belmopan
  3. Belizean Economy
  4. Belizean Foreign Trade
  5. Foreign Direct Investment (FDI) in Belize
  6. Business Opportunities in Belize
  7. Access to the Belizean Market
  8. Business Plan for Belize

The objectives of the Subject “Foreign Trade and Business in Belize” are the following:

  1. To analyse the Belizean economy and foreign trade
  2. To know the business opportunities in Belize
  3. To explore the Belizean trade relations with the country of the student
  4. To know the Belizean Trade Agreements
  5. To develop a business plan for the Belizean Market

The Subject “Doing Business in Belize” is part of the following Online Higher Education Programs taught by EENI Business School & HA University:
  1. Masters: Business in America, International Business, Foreign Trade
  2. Doctorates: American Business, Global Trade
  3. Course: Business in Central America

Learning materials in Master in International Business in English (Study Master Doctorate Business in Spanish Belice Study, Master in International Business in French Belize Masters Foreign Trade in Portuguese Belize)

Belize, Master Doctorate Business Master of Science and Doctorate in International Business adapted to the Belizean Students

Online Students, Master in International Business

Credits of the Subject “Foreign Trade and Business in Belize”: 0.5 ECTS Credits

Example of the Online Subject - Doing Business in Belize
Master Course: Business in Belize





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Description of the Online Subject: Foreign Trade and Business in Belize.

  1. Borders of Belize (Central America): Mexico and Guatemala
  2. Belizean Capital: Belmopán
  3. Largest City of Belize: Belize City.
  4. Other Belizean cities: Corozal and San Ignacio
  5. Belizean area: 22,966 square kilometres
  6. Population of Belize: 351,000 people
  7. 33% of the Belizean population has an African origin (Creole/African Diaspora), “Mestizos” represent 40% and Mayan origin only 9%
  8. Life expectancy: 68 years
  9. The official language of Belize is English, but Spanish is the most spoken language
  10. Belize became independent from the United Kingdom in 1981. Since then belongs to the Commonwealth (Queen Elizabeth II is the Head of State)
  11. Territorial disputes with Guatemala
  12. Abolition of Slavery in Belize: 1824

The Belizean main religion is Catholicism (Christianity)

Belize belongs to the Western Civilisation (Latin American Economic Area/Caribbean Economic Area)

Belizean Economy.

  1. GDP of Belize: 1,448 million dollars
  2. GDP per capita: 4,576 dollars
  3. Belizean GDP growth: 3.6%.
  4. Services account for 45% of the Belizean GDP
  5. Belizean Inflation: 1.2%
  6. The main Belizean economic activities are tourism, foreign trade, power generation, and agriculture (10% of the GDP, 20% of the workforce)
  7. Manufacturing sector: 10% of the Belizean GDP
  8. Petrol fields (the largest Belizean export product)
  9. Fiscal imbalance troubles
  10. Currency: Belizean Dollar (BZ $)

e-Course: Foreign trade of Belize

Belizean Foreign Trade.

  1. The Belizean economy is open to the foreign trade
  2. The main Belizean exports are petrol, food products (sugar cane, citrus, bananas), fishery products, and textiles
  3. Important export agricultural sector
  4. Main imports are machinery, fuel, and manufactured goods
  5. Belizane main trading partners: United Kingdom, United States, Mexico, CARICOM, and the Central American Countries
  6. Export Processing Zone
  7. Increased foreign direct investment (FDI)
  8. The largest investors are the United States and the United Kingdom
  9. The principal Belizean port is the Port of Belize

Caribbean Community (CARICOM, Course)

Costa Rica-CARICOM Free Trade Agreement (Course Master)

Belize has Preferential Access and Free Trade Agreements (FTA) with:

  1. Central American Integration System (SICA)
  2. Central American Common Market (MCCA) - Integrated with the SICA -
  3. Association of Caribbean States (Belize)
  4. CARICOM
  5. Colombia-Belize CARICOM Agreement
  6. Costa Rica-Caribbean Community (Belize) Agreement
  7. Partial scope agreement with Guatemala
  8. CARICOM-Dominican Republic Free Trade Agreement (FTA)
  9. CARIFORUM-European Union Economic Partnership Agreement (EU)
  10. Caribbean Basin Initiative (CBI) + United States-Caribbean Basin Trade Partnership Act (CBTPA)

Association of Caribbean States (ACS) Master

Belize is a member of:

  1. Mesoamerica Project
  2. Central American Bank for Economic Integration (CABEI)
  3. The Caribbean Development Bank
  4. Organisation of American States (OAS)
  5. Community of Latin American and Caribbean States (CELAC)
  6. Economic Commission for Latin America (ECLAC)
  7. Inter-American Development Bank (IDB)
  8. Latin American and Caribbean Economic System (SELA)
  9. World Bank (WB)
  10. International Monetary Fund (IMF)
  11. World Trade Organisation (WTO)
  12. Commonwealth
  13. United Nations

Samples - Business in Belize

Central American Common Market (Course Master)

Caribbean Basin Initiative (United States)

Caribbean Development Bank, Course

CARICOM-Colombia Free Trade Agreement (Course)

Central American Integration System (Course Master)

Mesoamerica trade (Course Master)



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