No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveLatin America Rejects New Banana Tariff

Latin America Rejects New Banana Tariff

THE leaders of banana-producing nations in Latin America flatly rejected the European Union’s most recent proposed tariff of 186 euros ($230) per ton on their bananas, the daily La Nación reported. The proposal is the first since the World Trade Organization (WTO) ruled that the 230- euro ($283) tariff proposed last year would affect the Latin American countries’ access to the European market (TT, Aug. 5). The current tariff is 75 euros ($92).According to the daily, Costa Rican Trade Minister Manuel González announced that the Latin American countries will take the issue to the WTO conference to be held in Hong Kong in December.Leaders from Costa Rica, Panama, Nicaragua, Honduras, Guatemala, Colombia and Ecuador met here in July to discuss a common front against the proposed E.U. tariffs, which many leaders have said would cost their economies thousands of jobs (TT, July 15).In Costa Rica, 8,000 jobs could be eliminated if the tariff increase takes effect, according to the Costa Rican National Banana Corporation (CORBANA).

Trending Now

National Espresso Day Contrasts with Costa Rica’s Chorreador Tradition

People across the world today mark National Espresso Day (yes, it has its own day), recognizing the quick, strong coffee pull that originated in...

Central America’s Five Great Forests are Lifelines for Migratory Birds

Each year, as the wet season winds down in Costa Rica, the air fills with the calls of warblers and thrushes arriving from their...

Costa Rica Bridges Crisis Deepens with 70 Percent in Poor Condition

Costa Rica's road network faces a critical breakdown, with seven out of 10 bridges in poor condition, according to the latest State of the...

Costa Rica Expat Struggles with Food Issues in the US

Confession time: I miss my Tico diet. Basic, almost boring, it is made up primarily of beans, eggs, tomatoes, bananas, bread, tortillas, coffee, chicken...

Costa Rica Fans React to World Cup 2026 Elimination

Our national soccer team finished their 2026 World Cup qualifying run with a 0-0 draw against Honduras on Tuesday night. The result put the...

Costa Rica Eliminated from 2026 World Cup After Honduras Draw

Costa Rica's national team drew 0-0 with Honduras in their final Concacaf qualifier match for the 2026 FIFA World Cup, sealing elimination for both...
Avatar
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