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Free Trade Zone in Belize's Corozal District Becomes Hub for Contraband Trade

LADB Article ID: 79115
Category/Department: Belize
Date: 2013-10-17
By: Louisa Reynolds

The Corozal Free Trade Zone, on the Belize-Mexico border, was created to develop jobs and stimulate national and foreign investment in the Corozal district, after the closure of the Liberated Sugar Factory in 1985 caused widespread unemployment in northern Belize and forced thousands of young Belizeans to migrate to southern Mexico and the US. Around 500 containers from China, Vietnam, Hong Kong, India, Malaysia, Canada, Germany, and Paraguay are unloaded every year in this enclave. But there are plenty of indications that the zone plays a particularly significant role in the regional contraband, particularly illegal trade in cigarettes, liquor, clothes, toys, and electronic appliances.

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