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International Practices

Will Banana Wars End — Boost Doha Round?

Trade negotiators for the EU and Latin American countries may soon be able to say ‘yes, we have no bananas’ crowding their trade agenda. According to a report from the Financial Times, an end to the world’s longest-running trade dispute — involving preferential EU tariffs on bananas — may soon be in sight. The newspaper suggests that a resolution of the 16-year-old conflict may give a boost to the World Trade Organization’s floundering Doha Round negotiations, especially if it leads the way to a resolution of tariffs on dozen of tropical products. Read