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Address by the Alternate Governor for Belize
 on behalf of
Belize, Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua

Meliton J. Auil
Annual Meeting Boards of Governors of the IDB and the IIC
Milan, Italy. March 24th-26th

The text is in PDF and ZIP format.  You must have Adobe Acrobat Reader. If you do not have it, you can download from here free.
 

Today, Central America is home to flourishing democracies, reaffirming its commitment to strong democratic values, the rule of law, and transparency in governance. Our nations continue the promotion of reforms to open up their market economies, improve an enabling investment climate, expand the role of the private sector in areas where it is more efficient than the public sector, and build a more effective State. Moreover, as part of our insertion to the global economy, our region is speeding the Central American integration, taking actions to achieve the Puebla-Panama Plan objectives, and signing free trade agreements with a number of countries. At present, our free trade negotiations with the United States are critical for forging closer ties with the world’s largest economy.

Projects such as the Puebla-Panama Plan, the Central American Common Market and the consolidation of customs, and free trade negotiations, are areas in which the support of the Bank must continue. We urge that these areas be priorities on the agenda of the Bank Group, as they help achieve the objectives of development, growth and opportunities for our people. In our own country of Belize, we have faced the challenges and arranged to grasp the opportunities of the new realities. Both the public and private sector work in partnership to remove unnecessary bureaucratic friction and increase production efficiency to achieve international competitiveness. Testimony to this is an average growth of 6.6% over the last five years despite five storms and 9-11.

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March 30, 2003

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