Conflict looms with Europe over banana tariffs

A conflict is looming over the European Union's decision to impose a tariff of 176 euros per metric ton on bananas imported from Latin America.

Wednesday, May 7, 2008

The issue will be on the agenda for talks among trade officials attending next week's summit in Lima of Latin American and European leaders.
Because of commitments to their former colonies in the Africa, Caribbean and Pacific (ACP) countries, the Europeans have little room for maneuver.



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EU And Central America Ratify Banana Agreement

June 2010

An agreement signed yesterday allows the banana industry to export to Europe paying fewer tariffs.

Currently, the tariff stands at 176 Euros per metric ton. With the agreement, it will be immediately lowered to 148 Euros, and will be gradually reduced to 114 Euros until January 2017.

Europe accepts cuts in tariffs on Latin American banana imports

July 2008

The European Commission announced that it is accepting the World Trade Organization (WTO) proposal to lower the tariff on banana imports from Latin America.

The scheme was proposed by WTO director-general Pascal Lamy in order to resolve a dispute that involves the European Union, Latin America and the African, Caribbean and Pacific (ACP) countries.

Central America seeks special treatment for poultry and dairy products

June 2008

The poultry and dairy industries of Central America are seeking special or exclusive treatment for imported products in the trade agreement being negotiated with the European Union.

"Dairy companies have asked for special treatment, and are sticking with their position," said Rigoberto Monge, a member of Central America's negotiating team.

World Trade Organization rules against Europe in banana dispute

May 2008

The World Trade Organization has ruled against the European Union's tariff on bananas in a decision that represents a victory for Latin American producers. But Europe says it will lodge an appeal.

The ruling says that the tariff breaks international trade agreements by giving preference to the former French and British colonies in Africa, the Caribbean and the Pacific, which are allowed to export 775,000 metric tons of bananas tariff-free each year.

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