EU makes commitment to provide banana offer

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

Monday, October 27, 2008

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.
The objective of banana negotiations is to reduce the tariff or duty that the EU charges on this fruit which is at 176 euros ($222) per tonne.

More on this topic

No to Tax Relief in Sensible Products

July 2009

Despite pressure from industry groups, the government of Costa Rica will not advance in the tariff harmonization of products considered "sensible".

The negotiation of the Free Trade Agreement between Costa Rica and China has raised alarm and protests from the Chamber of Industries and the Chamber of Food Industry, who request a 100% tax relief for central american trade in order to be competitive.

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)."

EU Banana Proposal Not Satisfactory to Costa Rica

February 2009

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

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.”

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.

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