Banana War over?

Chris Burford cburford at gn.apc.org
Thu Apr 8 00:01:05 PDT 1999


Yesterday the European Union announced it would in principle accept the WTO ruling on the banana wars.

This may be because although favourable to the US it was not as favourable as they had hoped.

We will now see whether the money the EU had set aside to support its manufacturers will be diverted to the Caribbean as regional development aid to help the Caribbean countries diversify their economies!

But as the Caribbean countries were not granted to right by the WTO to be treated as full protagonists in this fight between the USA and the European Union, that is unlikely.

If anyone has any further information I would appreciate it.

Chris Burford

London



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