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

Costa Rica Warns Against Collecting Seashells to Save Ecosystems

Authorities from the Ministry of Environment and Energy (MINAE) and the National System of Conservation Areas (SINAC) have renewed their plea for residents and...

Costa Rica vs Haiti in Curacao, Then Honduras in San Jose

Our national soccer team faces a defining week in their push for the 2026 World Cup, starting with a matchup against Haiti in Curacao...

Costa Rica Braces for Third Cold Front with Rain and Winds Expected

Everyone needs ready themselves for rough weather as the third cold front of the season moves in. The National Meteorological Institute (IMN) states that...

Panama Warns Costa Rica of Whooping Cough Outbreak in Border Region

Panama has alerted Costa Rican health officials to a pertussis (whooping cough) outbreak in the Ngäbe Buglé comarca, sparking concerns over potential spread across...

Uber Drivers in Costa Rica Join Union for Labor Rights and Benefits

A growing number of Uber drivers here have affiliated with the Union of Public and Private Employees (SIFUP) to press a collective claim...

US Deploys Combat Aircraft to El Salvador in Push Against Cartels

The United States has stationed combat aircraft in El Salvador, marking a shift in its military approach to regional security threats. Flights from the...
Avatar
spot_img
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica