EU Banana Proposal Not Satisfactory to Costa Rica

The new tariff proposal presented by the EU before the OMC is considered insufficient by the Department of Foreign Trade (Comex).

Wednesday, February 11, 2009

Nacion.com publishes: “In July, Europe committed to Latin America to gradually reduce its banana tariff from 176 euros to 114 euros between 2009 and 2014.”

“The promise established that, for January of this year, the tax would be decreased from 176 euros to 148 euros, but shortly after this agreement in July the Europeans declared the pact invalid.”

More on this topic

European Union to Lower Banana Tariff

May 2009

The proposal of the European Union is to lower the current tariff from 176 to 114€ per ton between 2009 and 2019.

According to Nacion.com, "European Trade Commissioner Catherine Ashton acknowledged yesterday that a reduction of banana tariffs is 'inevitable' because that is the way it was established by judgments from the World Trade Organization (WTO)."

War of the Banana: Another Proposal, Another Rejection

February 2009

The proposal from the EU is similar to the one presented in 2008 in the OMC, extending to 10 years the time period for the reduction of the tariff from 176 to 95 euros per ton.

The Central American countries insist that the European Union should improve its proposal on the issue of the banana just as much as on the issue of sugar.

EU banana proposal does not suit the region

January 2009

The tariff reduction proposal presented by the EU within the framework of the negotiations for the Agreement of Association does not satisfy Central American

Nacion.com reports: "The Costa Rican Minister of Foreign Trade, Marco Vinicio Ruiz, did not provide details on the European proposal as they are still in negotiations and the Isthmus has to respond this week.

EU makes commitment to provide banana offer

October 2008

The EU has committed to providing an offer for banana before December.

The European commitment was secured in the fifth round of negotiations for an Agreement of Association between the EU and Central America carried out from October 6 to 10 in Guatemala City, reported the Minister of Comex, Marco Vinicio Ruiz.

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