EU proposes substantial increase in banana tariff
EU proposes substantial increase in banana tariff
At a Jan. 31 World Trade Organization meeting in Brussels, the European Union formally proposed a banana import tariff adjustment that would raise the levy to 230 euro ($300) per ton as of Jan. 1, 2006.
EU leaders said that this will balance the demands of large-scale growers in Latin America and interests of traditional suppliers in Africa and the Caribbean.
EU leaders said that this will balance the demands of large-scale growers in Latin America and interests of traditional suppliers in Africa and the Caribbean.