Ministers to meet to discuss banana export strategies

Agriculture ministers from Central America, Mexico, Brazil, Haiti and the Dominican Republic will meet in Panama Aug. 21-22 to discuss banana exports.

Monday, July 28, 2008

The meeting is an effort to reactivate the Union of Banana Exporting Countries and the creation of mechanisms of agricultural cooperation.
Panamanian Agriculture Minister Guillermo Salazar said the countries are seeking to get fair prices for bananas and other primary products.
To fnance the banana exporters they have agreed to a check-off of one dollar for each 18.15 kilos of the product exported.

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Dominican Republic Wants to Export More Bananas

November 2016

A government project to be developed with the producers union aims to improve the positioning of Dominican bananas in the international market.

From a statement issued by PROCOMER:

As part of the commercial strengthening in an internationally competitive context, the Dominican Republic has launched a project entitled 'Measures to Support the Banana Sector', in order to enhance this productive sector. 

More Competition for Bananas in Europe

August 2014

The signing of the Multiparty Trade Agreement between Ecuador and the European Union will allow the South American country to export bananas with better tariffs.

From a statement issued by the Costa Rican Foreign Trade Promotion Office (Procomer):

Ecuador's banana industry is optimistic about the Multiparty Trade Agreement reached on 17 July this year between the country and the European Union, which will improve the tariff conditions.

Agreement Puts an End to "Banana War"

November 2012

The eleven Latin American countries involved signed the agreement ending twenty years of banana trade disputes with the European countries.

The so-called "banana war" between the European Union (EU) and several Latin American countries-including six Central American countries- officially came to an end on Thursday, with the signing of a trade agreement promoted by the World Trade Organization (WTO).

Banana producers plan to revive Latin American cartel

July 2008

The Union of Banana Exporting Countries, which has been moribund since 2002, is being revived, according to Guillermo Salazar, Panama's minister for agricultural development.

The union, which consists of Latin American producers, was formed at the initiative of the late Panamanian leader Gen. Omar Torrijos in 1974.

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