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Europe Will Discuss Banana Quotas
BRUSSELS - Jun 2/04 - SNS -- The European Commission has signalled its readiness to discuss the region's controversial banana import quota regime.
As agreed by the Council of EU Ministers in 2001, the move to a tariff-only system shall take place no later than 2006. To ensure this, the European Commission has today proposed to the Council to open WTO negotiations.
Once the Council has agreed, the Commission will negotiate the import tariff for bananas with the relevant producer countries.
It will seek to maintain the same level of protection and preferences for African, Caribbean and Pacific (ACP) countries as the existing regime provides while entirely respecting its obligations and commitments vis-a-vis other trading partners, EU producers and EU consumers.
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