No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveEcuador Leads Banana Negotiations

Ecuador Leads Banana Negotiations

QUITO (EFE) – Ecuadorian officialsannounced this week they plan to begincontacts with various countries in theEuropean Union to argue against a proposedE.U. tariff hike on bananas importedfrom Latin America.The European Union officially notifiedthe World Trade Organization (WTO)last week of its intent to raise the tarifffrom 75 euros ($98) to 230 euros ($300)per ton, effective in 2006 (TT, Feb. 4).“Ecuador will begin contacts withEuropean countries to sensitize themregarding the banana problem,” saidFernando Yépez, world trade director forthe Ecuadorian Foreign Ministry.He suggested other Latin Americannations follow suit. On Jan. 25, the presidentsof Ecuador, Costa Rica, Colombia,Panama and Guatemala, along with representativesfrom Nicaragua and Honduras,signed the Quito Declaration to expresstheir opposition to the increase (TT, Jan.28).With the exception of Nicaragua, thesame countries reiterated their stance in astatement to the WTO this week.Yépez expressed hope for negotiations,saying there are “profound differences”within E.U. countries regarding the tariff.Yépez said the Latin American countrieswill likely request WTO arbitration ifEurope does not relax its position.Ivonne Baki, Ecuador’s TradeMinister, said the United States supportsthe Latin American banana-producingcountries’ position.Although the United States does notexport bananas, U.S. multinational corporationssuch as Dole and Chiquita operatebanana plantations throughout LatinAmerica, giving Washington, D.C. a reasonto put pressure on the WTO in favorof a lower tariff.

Trending Now

US Calls on Allies to Cut Off Nicaragua After Ortega Bars Opposition Parties

The United States asked its international partners to immediately end normal dealings with Nicaragua's government, hours after the Ortega-Murillo administration formalized a constitutional rewrite...

National Geographic Names Costa Rica a Forest Bathing Paradise

National Geographic has named Costa Rica one of five places in the world to experience forest bathing, the practice of walking slowly through a...

Costa Rica under green alert as Tropical Wave 40 arrives

If you have plans in the mountains, on the Caribbean coast or along the Pacific this weekend, build in some flexibility. Rain is coming,...

Costa Rica’s president says US ground operations would benefit national security

President Laura Fernández said US ground operations on Costa Rican soil would be good for national security if they pursued shared targets, while stressing...

Costa Rica Issues Green Alert as Rincón de la Vieja Activity Increases

Costa Rica has placed five areas near Rincón de la Vieja Volcano under a preventive green alert after more than 100 eruptions were recorded...

Costa Rica Expansion and Rebuild of the Limón Airport

Costa Rica plans to invest about $40 million to rebuild and expand Limón Airport, with the long-term goal of bringing international flights directly to...

Saprissa Ends Three-Year Morera Soto Drought With 2-0 Clásico Win

Deportivo Saprissa beat Liga Deportiva Alajuelense 2-0 at the Estadio Alejandro Morera Soto on Saturday night, taking the Clásico Nacional in Alajuela for the...

US Demands Nicaragua Release Brooklyn Rivera’s Relatives

The United States on Monday demanded that Nicaragua’s government release relatives of Indigenous leader Brooklyn Rivera, who died in prison three months ago. Rivera,...

Costa Rica’s Whale and Dolphin Festival Returns This Weekend

If you have been waiting for the right weekend to see humpback whales in Costa Rica, this is it. The 16th Whale and Dolphin...
Avatar
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel