:. Food Industry News


WTO EU Banana Import Regime Breaks Trade Rules

Source: Reuters
19/05/2008

Geneva, May 19 - The European Union's regime for importing bananas, which gives preferential treatment to fruit from former European colonies, continues to break international trade rules, the World Trade Organisation (WTO) said on Monday.

Daily News Alerts

A WTO compliance panel, handing down a judgment in the case brought by the United States, said the EU had failed to implement previous rulings in the case.

This had harmed U.S. trade rights, the panel said, implying that Washington was entitled to demand sanctions from Brussels.

The ruling marked another defeat for the European Union over its banana imports, one of the longest running global trade disputes, and followed a similar ruling a month ago in a case brought by the world's biggest banana exporter Ecuador.

The United States does not export bananas to the EU, but three of the biggest distributors with plantations in Latin America are U.S. multinationals -- Chiquita Brands International Inc, Del Monte Foods Co and Dole Food Co.

The case will also be of interest to Irish fruit distributor Fyffes.



GO   View more articles on this subject

Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
EU, Latin America Look to WTO Talks for Banana Deal
EU to Appeal WTO Ruling on Banana Import Regime
EU, Latin 'Banana Wars' in Focus at WTO Talks
More Time for U.S.-EU Banana Row Talks
EU to Appeal Against WTO Ruling on Bananas
WTO Finds EU Banana Tariffs Illegal - Officials (DJ)
Ecuador Files WTO Complaint Against EU Banana Duty
European Union Adopts New ‘Tariff-Only' Import Regime...
WTO Urges EU Services, Agriculture Liberalisation;...
Europe Ex-Colonies Seek Delay in Banana Duty Cuts

More in Food Industry News
USA: Kehe Food Distributors Opens New Centre in Pennsylvania
Russia Duma Passes Beer Tax Hike in First Reading
Bongrain's Slowdown in Cheese Sales Continues as Group's...
Cadbury Descendant Fears Loss of Firm's UK Heritage
Sugar, Coffee Sideways, Eye Storm in Nicaragua
Ahold Set to Benefit Whether Predator or Prey
First UTZ CERTIFIED Cocoa to Be Delivered in Amsterdam,...
GLG Life Tech to Offer 3.6 Mln Shares for US IPO
Sainsbury H1 Profit Seen up 16 Percent, H2 Tougher
EU to Fight for Tuna Protection at Global Talks

Top Headlines
USA: Kehe Food Distributors Opens New Centre in Pennsylvania
Russia Duma Passes Beer Tax Hike in First Reading
Bongrain's Slowdown in Cheese Sales Continues as Group's...
Ahold Set to Benefit Whether Predator or Prey
GLG Life Tech to Offer 3.6 Mln Shares for US IPO
Sainsbury H1 Profit Seen up 16 Percent, H2 Tougher
UK: Continual Growth at Graham's The Family Dairy During...
Ajinomoto H1 FY09 Net Income Increases
Hain Celestial Reports Lower-than-Expected Quarterly...
AarhusKarlshamn's Food Ingredients Quarterly Operating...
SunOpta Q3 Revenue Drops 11.8%
Jones Soda Sees Revenue Decrease of 18% in Q3
UK: Tate and Lyle's Pre-tax Profits £112 Million...
Cha Dao Tea of Seattle Partners with BYB Brands
Coca-Cola Bottling Co. Consolidated Sees Income Growth...
California Pizza Kitchen Profit Up, Forecast Light
Starbucks Raises Outlook as Turnaround Signs Mount
Senomyx Quarterly Revenue Increases 3%
China: Yayi International to Build China's Largest...
Discovery of Pesticide Amitraz in Turkish Pears: EU...
Dr Pepper Snapple Profit Tops View
Sara Lee Reports Strong Fiscal 2010 First Quarter;...
Ahold Gears Up for M&A with Management Rejig
ICA AB Interim Report 2009: Net Income up 7.5 Percent
Process for Preparing a Highly-Soluble Cocoa Extract
Methods and Compositions for Improving the Nutritional...


 


FLEXNEWS 2009 - All rights reserved
ISSN 1950-6228