Banana war hots up again

04 December 1998

Banana war hots up again

THE European Union and USA were back facing an all-out trade war after talks broke down to resolve the dispute over Europes preferential banana import regime.

The two parties have been trying to arrange a timetable for a meeting of the World Trade Organisation (WTO) to hear the issue.

The USA is threatening to impose punitive sanctions on a wide range of European goods unless the EU complies with an earlier WTO ruling.

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