World Trade Organization rules against Europe in banana disputeThe 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.Wednesday, May 21, 2008 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. Source: BBCMundo.com ¿Busca soluciones de inteligencia comercial para su empresa?Banana Dispute Comes to an EndDecember 2009 Latin American banana growing countries landed a tariff agreement with the European Union. Doha and the fading of the banana agreementAugust 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. EU and Latin Americans agree on banana tariffsJuly 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. Europe accepts cuts in tariffs on Latin American banana importsJuly 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.
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