WTO LAYS DOWN THE LAW ON EUROPE’S DISCRIMINATORY BANANA REGIME
May 1st, 2008
BY KEITH NUTHALL
A WORLD Trade Organisation (WTO) compliance panel has formally rejected the European Union's (EU) discriminatory trade regime favouring imports of African, Caribbean and Pacific (ACP) bananas over those from Latin America. It said the EU 2005 "duty-free tariff quota for bananas originating in ACP countries... failed to implement the...rulings" of the WTO.
ENDS
A WORLD Trade Organisation (WTO) compliance panel has formally rejected the European Union's (EU) discriminatory trade regime favouring imports of African, Caribbean and Pacific (ACP) bananas over those from Latin America. It said the EU 2005 "duty-free tariff quota for bananas originating in ACP countries... failed to implement the...rulings" of the WTO.
ENDS
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