Page last updated at 03:45 GMT, Wednesday, 16 December 2009

EU cuts import tariffs in a bid to end 'banana wars'


Europe has agreed a deal to cut tariffs on banana imports, signalling the end of the world's longest-running trade dispute.

Banana producers in Latin America will be subject to lower EU import tariffs as a result of the deal.

This should make them more competitive with producers in Africa and the Caribbean, who pay no tariff.

Nigel Cassidy reports


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