Banana Trade Safeguards: EU-Colombia, Peru & Ecuador

Summary

This resolution updates regulations for banana imports from Colombia, Peru, and Central America. It integrates Ecuador into the trade framework and establishes monitoring to protect EU producers.
10 31.03.2017
Other
trade
economy
international relations
agriculture, forestry and fisheries

Key points

  • Integration of Ecuador into the existing trade agreement framework with Colombia and Peru.
  • Enhanced monitoring of trade and sustainable development commitments by exporting nations.
  • A mandatory assessment of the market situation for EU banana producers to be conducted by early 2019.
  • The possibility to extend stabilization measures if a serious deterioration in the market is detected.
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