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3/24/07

Jamaica Gleaner News - Colombia joins challenge of EU banana regime

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Colombia joins challenge of EU banana regime

The WTO has consistently ruled against how the EU sets tariffs for bananas, forcing the 27-nation bloc to overhaul a system that grants preferential conditions for producers from African and Caribbean countries, including Jamaica, which are mainly former British and French colonies.

Latin American producers and banana companies based in the United States have long complained about the preference. The U.S., in 1999, and Ecuador a year later both won the right to impose trade sanctions on European goods after the WTO found the EU's rules to be illegal.

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