FROM SCRATCH NEWSWIRE

SCAVENGING THE INTERNET

BANANA FIGHT THREATENS DOHA DEAL – Deals in the Doha global trade talks next month are at risk if the European Union fails to settle a long-running banana dispute

Posted by Gilmour Poincaree on November 27, 2008

November 27, 2008

by Alonso Soto in Quito, Ecuador

Article from: Reuters

Ecuador, the world’s top banana exporter, said it would not agree to agricultural accords in the Doha talks after the World Trade Organisation upheld a ruling against the EU in the lung-running “banana wars” pitting Brussels against the United States and Latin American producers.

“Unfortunately, our country will not agree to the consensus to settle the agriculture terms of the (Doha) round … if this problem is not properly resolved by then,” the Foreign Ministry said in a statement.

A top government official told Reuters later that Latin American banana producers were demanding that the EU lower import tariffs on the fruit, beginning with a series of cuts starting next year.

The official, who asked not to be identified, said the EU should eventually cut its current duty of €176 ($349) per tonne of bananas to €114 ($226) in eight years.

Latin American states came close to securing a deal with the EU during a WTO ministerial meeting in July, but Brussels walked away from the deal when the broad Doha negotiations fell apart.

CLICK HERE FOR THE ORIGINAL ARTICLE

PUBLISHED BY ‘THE AUSTRALIAN’ (USA)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: