• Costa Rica Coffee Guide

Latin America Rejects New Banana Tariff

September 16, 2005

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).

You may be interested

Surge in young migrant border arrivals poses challenge for United States
Central America
3741 views
Central America
3741 views

Surge in young migrant border arrivals poses challenge for United States

Laura BONILLA / AFP - March 6, 2021

Thousands of minors without papers are arriving at the US border with Mexico, presenting President Joe Biden with a potentially…

Six arrested in Costa Rica with 1.1 metric tons of cocaine
Costa Rica
1437 views
Costa Rica
1437 views

Six arrested in Costa Rica with 1.1 metric tons of cocaine

AFP and The Tico Times - March 6, 2021

Costa Rican authorities seized 1.1 metric tons of cocaine and detained six men — four Colombians and two Costa Ricans…

One year after first case, Costa Rica to broadcast Covid memorial
Costa Rica
1227 views
Costa Rica
1227 views

One year after first case, Costa Rica to broadcast Covid memorial

The Tico Times - March 5, 2021

Costa Rica confirmed its first coronavirus case on March 6, 2020. By the end of the month, the country had…