Compromise in banana battle?
EFFORTS are being made to reach an eleventh-hour compromise in the dispute between the USA and Europe over the trade in bananas, which has threatened to escalate into a full-blown trade war.
The two sides are meeting in Geneva under the auspices of Renato Ruggiero, director-general of the World Trade Organisation.
The USA is scheduled to slap a wide-range of tariffs on European imports, including pork, if no agreement is reached by tonight.
The dispute centres on a US charge that the European Union has not complied with a WTO ruling on the import of bananas from former British and French colonies in Africa, the Caribbean and the Pacific.
- EU raises stakes in banana war, FWi, 22 January, 1999
- USA seeks sanctions in banana war, FWi, 15 January, 1999
- USA keeps up banana threats, FWi, 13 January, 1999
- WTO to meet on bananas, FWi, 11 January, 1999
- Financial Times 25/01/99 page 4, page 40 (FT Guide To The Week)