EU banana trade tariff quota lowered

December 2005
Food & Drink Technology;Dec2005/Jan2006, Vol. 5 Issue 4, p12
The article reports that the European Union (EU) has been pressurized to lower its protection of the Caribbean banana industry. The EU ministers have decided to support an import tariff of 176 per tonne from January 1, 2005 for all World Trade Organization (WTO) member countries. They have decided to bar those from the African Caribbean Pacific group of mainly former EU colonies, who receive a duty-free annual import quota of 775,000 tonnes. Brussels has also been forced by WTO action to lower the 230 per tonne.


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