The EU and US clash over peaches
The US and the European Union (EU) are heading for another trade clash – this time over peaches.
The two are already at loggerheads over bananas and beef. But the peach dispute will be the culmination of an 18-year long wrangle between America and Europe.
The row was “theoretically” resolved in a 1985 fruit accord but the issues have since changed. While the original dispute was about the level of support, it now includes accusations of fraud and the abuse of the system for disposing of excess production.
The California Cling Peach Growers Advisory Board is considering airing their concerns before the World Trade Organisation – after existing disputes between the US and EU over bananas and beef have been resolved.
- Dispatches from the trade trenches, FWi, 4 March
- Financial Times 07/04/99 page 8