Ceasefire ahead in banana war?
10 March 1999
Ceasefire ahead in banana war?
THE threat of further clashes between the European Union (EU) and the USA over bananas receded yesterday (Tuesday) as sides apparently edged towards a compromise, according to a report in the Financial Times.
US and EU officials interviewed in the paper suggested there were talks taking place which could lead to a deal.
The conflict was brought to a head last week when the USA began implementing a threat to impose sanctions on more than $500 million (£309m) of European exports.
It said the EU had not complied with a 1997 World Trade Organisation ruling against its banana regime, which favours African, Caribbean and Pacific imports.
- WTO urges banana peace, FWi, yesterday (09 March, 1999)
- WTO to hear EU banana protest, FWi, 08 March, 1999
- Trade war escalates over bananas, FWi, 05 March,
1999 - USA starts banana-war sanctions, FWi, 04 March, 1999<
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- Bananas – WTO steps in, FWi, 03 March, 1999
- WTO to examine banana battle, FWi, 01 March, 1999
- USA and EU go bananas again, FWi, 22 February, 1999
- EU seeks ruling on US sanctions law, FWi, 08
February, 1999
- Financial Times 10/03/99 page 1
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