46286114 Europe and Latin America have completed the banana war
The European Parliament approved the reduction of import tariffs on bananas from Latin America, reports AFP. Thus, we finally ended trade dispute, known as the "banana war" that began almost 20 years ago. "For" reduction of duties on fruits voted 501 MEP, v. – 114. In accordance with the decision tariff on imports of bananas to the European countries is expected to decline by 2017 to 114 euros per tonne, or 35 percent, said Reuters. Is now fee is 176 euros per tonne. Agreement in principle to reduce tariffs on Latin American bananas, the parties reached in 2008. This happened after the meeting representatives of 35 countries involved in the dispute at the summit of the World Trade Organization (WTO) in Geneva. In accordance with the decision suppliers of bananas from Latin America have agreed to withdraw their claims to the EU countries. Since the early 1990's exporters have complained to the WTO that the Europeans are importing bananas from its former colonies in Africa, the Pacific and the Caribbean, not imposing their duties. In turn, the EU stressed that in this way support the producers in ACP countries (African, Caribbean and Pacific). The EU is the largest consumer of bananas in the world. While 70 percent are sold in the EU banana produced in Latin America. Another 20 per cent of bananas imported from ACP countries, while another 10 percent are cultivated in the EU.
