Commission presents revised banana tariff proposal

The European Commission presented 12 September 2005 a revised proposal of 187 euros / tonne for most favoured nation (MFN) suppliers of bananas.

The new tariff was intended to replace as of 1 January 2006 the present regime based on tariff quotas for MFN, mostly Latin American, supplying countries. The Commission's proposal also maintained an equivalent level of preference for ACP bananas through a tariff quota for 775,000 tonnes at zero duty. The proposed MFN tariff was designed to maintain total market access for MFN suppliers, in line with the results of the WTO arbitration, which had been established after a request of Brazil, Colombia, Costa Rica, Ecuador, Guatemala, Honduras, Nicaragua, Panama and Venezuela.

• Primary Source

EU: EEAS: Latin America and the Carribean https://eeas.europa.eu/diplomatic-network/latin-america-and-caribbean_en

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