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

Spain Knocks Out Portugal With Late World Cup Winner

Spain waited until stoppage time to break Portugal, then walked out of Dallas with a 1-0 win, a place in the World Cup quarterfinals,...

Argentina Survives Cabo Verde Scare in World Cup Thriller

Argentina kept its World Cup title defense alive Friday night, but only after Cabo Verde pushed the defending champions to the edge in one...

Costa Rica Supreme Court Rejects Fernández Narco Infiltration Claim

Costa Rica’s Supreme Court formally rejected President Laura Fernández’s claim that organized crime and drug trafficking have penetrated the judiciary, escalating a public dispute...

World Cup 2026 Exposes Soccer Gap for Central America and the Caribbean

The teams from Central America and the Caribbean have managed just one draw at the 2026 World Cup, another failure for a region that...

Costa Rica Police Warn Drivers Not to Take Cars Onto Beaches

Costa Rica’s Traffic Police are warning drivers not to take cars, motorcycles or ATVs onto the beaches as midyear vacation travel brings more families...

Bite Free, Naturally: Plant-Based Mosquito Repellents in Costa Rica

There's nothing worse than an itchy mosquito bite — except, in Costa Rica, what that bite might carry. With the rainy season in full...

Costa Rica Geologists Call for National Plan as Illegal Gold Mining Spreads

Costa Rica’s illegal gold mining problem is no longer confined to the long-running Crucitas debate, the Colegio de Geólogos de Costa Rica warned, calling...

Costa Rica Airport Excavation Uncovers Pre-Columbian Evidence

Costa Rica has completed an archaeological rescue excavation in the area planned for the future Southern International Airport, uncovering new evidence of pre-Columbian communities...

Costa Rica Expands Contraband Crackdown in San José Markets

Costa Rica’s Ministry of Finance has stepped up its campaign against tax evasion and contraband with a major inspection operation near San José’s Coca-Cola...
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