EU Banana Proposal Not Satisfactory to Costa Rica

The new tariff proposal presented by the EU before the OMC is considered insufficient by the Department of Foreign Trade (Comex).

Wednesday, February 11, 2009

Nacion.com publishes: “In July, Europe committed to Latin America to gradually reduce its banana tariff from 176 euros to 114 euros between 2009 and 2014.”

“The promise established that, for January of this year, the tax would be decreased from 176 euros to 148 euros, but shortly after this agreement in July the Europeans declared the pact invalid.”

More on this topic

Will there be peace in the 'Banana Wars'?

December 2009

The agreement between Europe and Latin America generated optimism, but ACP countries and the U.S. must still be pleased.

Latin America accepted an offer by the European Union to gradually reduce the tariff applied to banana imports from 176 euros per ton to 114 euros in 2017.

European Union to Lower Banana Tariff

May 2009

The proposal of the European Union is to lower the current tariff from 176 to 114€ per ton between 2009 and 2019.

According to Nacion.com, "European Trade Commissioner Catherine Ashton acknowledged yesterday that a reduction of banana tariffs is 'inevitable' because that is the way it was established by judgments from the World Trade Organization (WTO)."

EU makes commitment to provide banana offer

October 2008

The EU has committed to providing an offer for banana before December.

The European commitment was secured in the fifth round of negotiations for an Agreement of Association between the EU and Central America carried out from October 6 to 10 in Guatemala City, reported the Minister of Comex, Marco Vinicio Ruiz.

Costa Rican producers pushing for summit of banana producing countries

September 2008

The proposal to hold a summit came up last July 28 when the EU announced that it would not company with the agreement that was reached.

When recently contacted about the followup being given to the proposal, the Minister of Foreign Trade, Marco Vinicio Ruiz, stated that the matter is not a priority for his Ministry.

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