Little Progress Made On Banana Tariffs

September 12, 2008

President Oscar Arias failed to reach an accord on banana exports during meetings this month with European officials.

In a 12-day trip to Europe that ends today, Arias asked officials to honor an agreement, reached during world trade talks in July, to reduce tariffs on bananas imported from Latin America to 114 euros per ton in 2016 from 176 euros per ton today.

But José Manuel Durao Barroso, president of the European Commission, said after a Sept. 4 meeting with Arias that the agreement no longer held water once the so-called Doha talks collapsed July 29.

“We are analyzing the situation, and I want to tell President Arias that the commission … is determined to find a solution that will satisfy all sides,” Durao Barraso said, according to newswire reports.

Arias brought his campaign to the European Parliament on Sept. 3, where he discussed an accord now being negotiated between Central America and the European Union to boost cooperation on trade, aid and policy.

“It’s crucial that the commercial part of this accord be asymmetric, in favor of Central America, and that it (knock down) barriers in areas where Central America has a comparative advantage,” he said in a speech to about 785 parliament members.

Lower tariffs on bananas would save Costa Rica about $400 million over the next eight years, according to a statement from Casa Presidencial.

–Tico Times and wire reports

 

Facebook Comments

You may be interested

Pic of the Day: Costa Rica’s Isla Nublar (aka Cocos Island)
Pic of the Day
45 views
Pic of the Day
45 views

Pic of the Day: Costa Rica’s Isla Nublar (aka Cocos Island)

Alejandro Zúñiga - April 18, 2019

Isla Nublar, the setting for much of the "Jurassic Park" series, is unfortunately not a real Costa Rican island. Cocos…

Costa Rica holds Maduro regime responsible for diplomat’s safety
Costa Rica
11 views
Costa Rica
11 views

Costa Rica holds Maduro regime responsible for diplomat’s safety

AFP and The Tico Times - April 18, 2019

The Costa Rican Foreign Ministry said on Wednesday that it places responsibility with the Venezuelan government of Nicolás Maduro for…

Venezuela withdraws diplomatic credential from Costa Rican diplomat
Latin America
25 views
Latin America
25 views

Venezuela withdraws diplomatic credential from Costa Rican diplomat

AFP and The Tico Times - April 17, 2019

Venezuela withdrew the diplomatic credential from the Costa Rican chargé d'affaires on Tuesday in retaliation for the country’s acceptance of…

Do NOT follow this link or you will be banned from the site!