Tuesday, June 5, 2012

Brief History

The banana wars started in 1993 and lasted until about 2009. The first Europe-wide tariffs to non-ACP countries were introduced in 1993. In 1996 Latin American countries lead by Ecuador complained to the WTO about the tariffs. The tariffs were declared illegal in 1999, and then a new EU deal on tariffs is rejected by the US in 2000. The banana wars are declared over in 2001 when a deal is made by the EU and the US promising a change by 2006. The tariffs are then declared illegal again in 2005 and 2008. The EU signs a deal with Latin American producers in hope to bring an end to the banana wars. (bbc news) The banana wars have been considered over since then.

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