This MB is very educational. You are making me READ, again.
T&C belongs to the British Overseas Territory and is not independent. It is under the sovereignty of the United Kingdom. Belize, being independent, can "thumb their nose" at the UK, of course financial aid and military support could quickly go away.
Reports indicate that T&C has had political difficulties for the past 8 or 9 years, with high level corruption accusations surfacing last year.