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

U.S. Congresswoman Marjorie Taylor Greene Visits Costa Rica for Holiday Break

U.S. Congresswoman Marjorie Taylor Greene, a Republican from Georgia, has chosen Costa Rica for her Christmas vacation this year. She arrived with her fiancé,...

JetBlue’s New Year Airfare Sale to Costa Rica

Those still looking for a getaway to Costa Rica now have a new reason from JetBlue Airways. The airline rolled out a promotion offering...

Protesters Rally Outside U.S. Embassy in San José Against Venezuela Intervention

Protesters gathered outside the U.S. Embassy in San José on Saturday afternoon to voice opposition to recent American military actions in Venezuela. The demonstration...

Panama’s President Says Crisis with the U.S. Over the Canal Has Ended

Panama’s president, José Raúl Mulino, said on Friday that the crisis with the United States is over, after Donald Trump threatened in 2025 to...

Costa Rica Watches U.S. Capture of Maduro as Regional Concerns Grow

The United States carried out airstrikes on Venezuelan military sites early this morning, leading to the capture of President Nicolás Maduro and his wife,...

US Ambassador Melinda Hildebrand Lands in Costa Rica with China Message

The new United States to Costa Rica, Melinda Hildebrand, landed in the country on Monday with a pointed reference to China’s economic role here....
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica