EU banana proposal does not suit the region

The tariff reduction proposal presented by the EU within the framework of the negotiations for the Agreement of Association does not satisfy Central American

Tuesday, January 27, 2009

Nacion.com reports: "The Costa Rican Minister of Foreign Trade, Marco Vinicio Ruiz, did not provide details on the European proposal as they are still in negotiations and the Isthmus has to respond this week.

However, he acknowledge that from the perspective of the tariff reduction this is backwards regarding an agreement negotiated on 27 July 2008 in Geneva on the sidelines of the Doha Round of the WTO."

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.

Banana Agreement Postponed

December 2009

Costa Rica ruled out the possibility of reaching an agreement for reducing European tariffs to banana this week.

Marco Vinicio Ruiz, Costa Rica's Commerce minister, ruled out a banana agreement between Latin America and the European Union this week, because the technical meeting was suspended.

CA - EU Negotiation Depends on Honduran Elections

October 2009

This was the official posture of a delegation from the European Parliament, in a visit to Costa Rica.

Marco Vinicio Ruiz, Costa Rican Commerce Minister, explained the stance of the Europeans, who want to wait for the Honduran elections to resume negotiations after them.

"If this electoral process is carried out in a reasonable manner, with international supervision, and many governments endorse them, it is likely that negotiations will be resumed immediately after them", stated the minister.

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)."

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