To ease your site search, article categories are at bottom of page.

February 11, 2008

WTO declares EU duty on Latin American bananas illegal

A European Union import duty on bananas has again been declared illegal by the World Trade Organization (WTO).

The WTO backed the US in its challenge to a higher EU tariff of 176 euros ($254.9; £131) a metric tonne on bananas from Latin America.

It is the latest in a heated battle over the EU's preferential trade deals for its ex-colonies in Central America.

The EU said the ruling was "irrelevant" amid negotiations on major changes to its entire import quota regime. The EU's defeat follows closely behind a similar claim by Ecuador, the world's biggest banana exporter, last November, which it also won.

Latin American producers currently make up about 60% of the EU market, with African and Caribbean producers taking a further 20%. EU-grown bananas - mainly from Spanish and French islands - make up the final 20%. The US is not an EU exporter of bananas but three large US-based multinationals, including Chiquita, have plantations in the region.

EU officials have been working furiously to hammer out new trade deals with about 80 countries in Africa, the Caribbean and the Pacific (ACP) to end special trade relationships that have been in place since the 1950s. These allowed a range of products, including banana crops from ACP states enter the EU with no duty to pay, while Latin America exports were charged.

But under a WTO imposed deadline of 31 December last year, these special arrangements break international trade rules. Those countries harmed by the deal would have the right to impose retaliatory tariffs against the EU.

BBC

Article Categories

AGRA agribusiness agrochemicals agroforestry aid Algeria aloe vera Angola aquaculture banana barley beans beef bees Benin biodiesel biodiversity biof biofuel biosafety biotechnology Botswana Brazil Burkina Faso Burundi CAADP Cameroon capacity building cashew cassava cattle Central African Republic cereals certification CGIAR Chad China CIMMYT climate change cocoa coffee COMESA commercial farming Congo Republic conservation agriculture cotton cow pea dairy desertification development disease diversification DRCongo drought ECOWAS Egypt Equatorial Guinea Ethiopia EU EUREPGAP events/meetings expo exports fa fair trade FAO fertilizer finance fisheries floods flowers food security fruit Gabon Gambia gender issues Ghana GM crops grain green revolution groundnuts Guinea Bissau Guinea Conakry HIV/AIDS honey hoodia horticulture hydroponics ICIPE ICRAF ICRISAT IFAD IITA imports India infrastructure innovation inputs investment irrigation Ivory Coast jatropha kenaf keny Kenya khat land deals land management land reform Lesotho Liberia Libya livestock macadamia Madagascar maiz maize Malawi Mali mango marijuana markets Mauritania Mauritius mechanization millet Morocco Mozambique mushroom Namibia NEPAD Niger Nigeria organic agriculture palm oil pastoralism pea pest control pesticides pineapple plantain policy issues potato poultry processing productivity Project pyrethrum rai rain reforestation research rice rivers rubber Rwanda SADC Sao Tome and Principe seed seeds Senegal sesame Seychelles shea butter Sierra Leone sisal soil erosion soil fertility Somalia sorghum South Africa South Sudan Southern Africa spices standards subsidies Sudan sugar sugar cane sustainable farming Swaziland sweet potato Tanzania tariffs tea tef tobacco Togo tomato trade training Tunisia Uganda UNCTAD urban farming value addition value-addition vanilla vegetables water management weeds West Africa wheat World Bank WTO yam Zambia Zanzibar zero tillage Zimbabwe

  © 2007 Africa News Network design by Ourblogtemplates.com

Back to TOP