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The European Union is bound by World Trade Organisation agreements to move to a tariff-only import system for bananas by no later than 1 January 2006. From that date, imports from non-ACP countries will be subject to a single tariff while ACP country bananas will continue to enter the EU market...
Persistent link: https://www.econbiz.de/10005522295
The main objective of this paper is to provide some estimates of how the world banana market has been affected by the Common Market Organization (CMO) for bananas established in the European Union (EU) on 1 July 1993, and modified in April 1994. We quantify the effects of the new EU regulation...
Persistent link: https://www.econbiz.de/10011069339
On 29 November 2005, the European Union (EU) unilaterally introduced a tariff of 176 per tonne to apply from 1 January 2006 to bananas imported from countries enjoying the Most Favoured Nation (MFN) status. The new EU trade policy includes a duty-free annual import quota of 775,000 tonnes for...
Persistent link: https://www.econbiz.de/10005060613
The new banana import regime in the EU is a two-step process towards a tariff-only system that should enter into force no later than 1 January 2006. During the transitional period, 2001-2005, bananas will continue to be imported into the EU under a tariff-rate quota system. This paper provides...
Persistent link: https://www.econbiz.de/10005327470
The 2003 Common Agricultural Policy (CAP) reform radically changes the way the European Union (EU) supports its agricultural sector by decoupling direct payments. Production is no longer required to get the payment attached to Single Farm Payment (SFP) entitlements. However, the new scheme...
Persistent link: https://www.econbiz.de/10005819549