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.
Nicolás Bulté, the European Commission's representative in Nicaragua said the banana issue was by no means ruled out of the talks.

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European Union resisting pressure to recognized banana agreement

September 2008

Yesterday the EU the maintained its position of not recognizing the banana agreement to reduce tariffs that was reached on July 27.

Costa Rica did not achieve its objective of making the EU honor the agreement reached in the early morning hours of July 27 in Geneva, Switzerland, in the backdrop of the commercial negotiations of the World Trade Organization (WTO).

Doha and the fading of the banana agreement

August 2008

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.

This has to do with an agreement that would have ended almost 16 years of litigation with Europe as a result of the banana tariffs that the old continent imposes upon the producers from the zone.

European banana agreement dies with Doha

July 2008

"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.

Several officials confirmed that an agreement between the European Union and Latin American countries that export bananas that raised hopes for lower tariffs for their product expired with the collapse of WTO talks.

EU and Latin Americans agree on banana tariffs

July 2008

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 agreement calls for an initial reduction of 28 euros.
Under the present system, Europe has a preferential agreement for former colonies of its member nations, but its complex tariff-quota system has come under fire by the World Trade Organization.

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