Belize participates in the 6th Korea-LAC Business Summit in Korea

Published by BBNTEAM at October 3, 2022

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Posted: Monday, October 3, 2022. 4:25 pm CST.

By Zoila Palma Gonzalez: Belize is among 19 countries participating in the 6^th Korea-LAC (Latin America and the Caribbean) Business Summit in Korea.

The Summit is jointly organized by the Inter-American Bank, the Ministry of Economy and Finance of the Republic of Korea, the Korea Export-Import Bank, and the Korea Trade and Investment Promotion Agency.

The Summit aims to strengthen and expand trade, investment, and cooperation ties between the Republic of Korea and Latin America, and the Caribbean.

The Summit was held under the theme, “Strengthening social and economic cooperation toward a more resilient post-COVID era,” and was organized around thematic discussion sessions with the participation of high-level public and private sector officials from both regions.

Valentino Shal, Chief Executive Officer of the Ministry of Rural Transformation, Community Development, Labour and Local Government, along with Jalen Avila, Investment Associate of BELTRAIDE, represented Belize.

Avila promoted some of Belize’s investment projects in ICT and other priority investment sectors and met with Korean investors to discuss business opportunities.

CEO Shal participated in panel discussions on crisis response to climate change and promoting Korea-LAC Synergies to boost technological innovation and Sustainable Development in Agriculture.

Speaking at the summit, CEO Shal said, “Belize’s participation not only contributes to improving our country’s profile but also reaffirms the government’s commitment to engaging in partnerships that are coherent with Plan Belize’s goal of stimulating economic activity through local and foreign direct investments and economic cooperation.”

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