WORLD TRADE  
ORGANIZATION   
G/SCM/N/243/BLZ 
11 October 2012 
 (12-5530) 
Committee on Subsidies and 
Countervailing Measures Original:   English 
 
 
 
SUBSIDIES 
 
Continuation of Extension under SCM Artic le 27.4 of the Transition Period for 
the Elimination of Export Subsidies Pursuant to the Procedures Contained 
in the General Council Decision in Document WT/L/691 
 
BELIZE 
 
 
 The following notification, dated 9 October 2012, is being circulated at the request of the 
Delegation of Belize. 
 
_______________ 
 
 
In accordance with its rights and obligati ons under the procedures for extending programmes 
that comprise subsidies classified ad prohibited under Article 3.1 of the Agreement on Subsidies and 
Countervailing Measures (SCM) of the World Trade Organization (WTO), Belize is submitting for 
the Committee's consideration the following notification in order to meet its obligations in respect of 
the extension of the transition period  for programmes subject to renewal. 
 
Please be informed that there have been no changes to the following applicable subsidy 
programmes in terms of the provision of any additi onal benefits or modification of the definition or 
requirements of the programmes. 
 
The programmes to which this notification applies are: 
 
 Programme under the Fiscal Incentives Act 
 Programme under the Export Processing Zone Act 
 Programme under the Commercial Free Zone Act 
 
Belize has formally notified all beneficiaries verb ally and in writing of the elimination of the 
export subsidy programmes, within the meaning of  Article 3 of the SCM Agreement, to ensure 
conformity with the conditions of the extensi on granted under Article 27.4 of the SCM Agreement 
and the GC decision of 2007.  Belize is assiduously reviewing and reforming its action plan to correct inconsistencies and continue effort s in promoting a sustainable development agenda.  Belize is also 
benefiting from technical assistance from the Caribbean  Community Secretariat in its efforts to meet 
its obligations under the ASCM within the agreed timeframe. G/SCM/N/243/BLZ 
Page 2  
 
  Section A:  The Fiscal Incentives Programme 
 
1. Description of the programme 
  See paragraph A:1 of document G/SCM/N/114/BLZ.   
 
2. Period covered by the notification 
 
 July 2011 - June 2012.   
 3. Policy objective and/or purpose of subsidy 
 
See paragraph A:3 of document G/SCM/N/114/BLZ.   
 4. Background and authority for the subsidy 
 
See paragraph A:4 of document G/SCM/N/114/BLZ.   
 5. Form of the subsidy 
 
See paragraph A:5 of document G/SCM/N/114/BLZ.   
 
6. To whom and how the subsidy is provided 
 
See paragraph A:6 of document G/SCM/N/114/BLZ.   
 
7. Subsidy per unit 
 
See paragraph A:7 of document G/SCM/N/114/BLZ.   
 8. Duration of the subsidy 
 
See paragraph A:8 of document G/SCM/N/114/BLZ.   
 9. Statistical data on impact of the programme 
  Section B:  The Export Processing Zone Programme 
 
1. Description of the programme 
  See paragraph B:1 of document G/SCM/N/114/BLZ.    
2. Period covered by the notification 
 
 July 2011 - June 2012. 
 
3. Policy objective and/or purpose of subsidy 
  See paragraph B:3 of document G/SCM/N/114/BLZ.    G/SCM/N/243/BLZ 
 Page 3 
 
 
  4. Background and authority for the subsidy 
 
 See paragraph B:4 of document G/SCM/N/114/BLZ.    5. Form of the subsidy 
  See paragraph B:5 of document G/SCM/N/114/BLZ.    6. To whom and how the subsidy is provided 
 
 See paragraph B:6 of document G/SCM/N/114/BLZ.   
 7. Subsidy per unit 
  See paragraph B:7 of document G/SCM/N/114/BLZ.   
 
8. Duration of the subsidy 
  See paragraph B:8 of document G/SCM/N/114/BLZ.    9. Statistical data on impact of the programme 
 
Year Exports (EPZ) (BZ$) Total Belize Exports (BZ$) 
2005 243,242,009 413,270,000 
2006 249,032,720 536,404,348 
2007 277,708,615 507,900,000 
2008 254,057,559 585,170,000 
2009 167,493,118 501,150,000 
2010 241,180,614 541,276,766 
2011 185,960,452 (provisional) 703,700,000 (provisional) 
 1 BZ$ = 0.5 US$.   
  
Section C:  Commercial Free Zone Programme 
 1. Description of the programme 
 
 See paragraph C:1 of document G/SCM/N/114/BLZ.    2. Period covered by the notification 
 
 July 2011 - June 2012. 
 
3. Policy objective and/or purpose of subsidy 
 
 See paragraph C:3 of document G/SCM/N/114/BLZ.   
 4. Background and authority for the subsidy 
  See paragraph C:4 of document G/SCM/N/114/BLZ.   G/SCM/N/243/BLZ 
Page 4  
 
  5. Form of the subsidy 
 
 See paragraph C:5 of document G/SCM/N/114/BLZ.    6. To whom and how the subsidy is provided 
  See paragraph C:6 of document G/SCM/N/114/BLZ.    7. Subsidy per unit 
 
See paragraph C:7 of document G/SCM/N/114/BLZ.   
 8. Duration of the subsidy 
 
See paragraph C:8 of document G/SCM/N/114/BLZ.   
 
9. Statistical data on impact of the programme 
  See paragraph C:9 of document G/SCM/N/114/BLZ.     
 
__________