Europe prepared to bring bananas to table in talks with Central America
The European Union is prepared to discuss the possibility of banana imports as part of the agenda for talks on an association with Central America.
Friday, June 13, 2008
Bananas is one of the touchiest subject in negotiations toward an agreement on free trade, cooperation and political dialogue. The talks are due to conclude next year.
"The banana agreement isn't going anywhere," said an official after the collapse of talks at the World Trade Organization (WTO) aimed at reviving the Doha Round.
Yesterday the EU the maintained its position of not recognizing the banana agreement to reduce tariffs that was reached on July 27.
Europe could soon reduce its tariff on bananas by 28 euros per ton. Under an agreement signed last weekend, its import duties would fall to 114 euros per ton from the current 176 euros by 2016.
The Doha Round has left the banana producing countries of Latin America with bad aftertaste, after the fading away of what was supposed to be a clear victory for their foreign trade.
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