EU Unveils Plans for New Banana Tariffs
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The European Union said Wednesday it will impose a duty of 230 euros (&#36;290) per ton of bananas starting in 2006, in an effort to prevent producers in former African and Caribbean colonies from losing business to larger growers in Latin America.
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The United States on Friday joined the &quot;banana war&quot; at the World Trade Organization, alleging the European Union treats Latin American producers unfairly.
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BRUSSELS, Oct 7 (IPS) - The European Commission's current proposals  for the sugar regime could have severe consequences for  developing countries, says the African, Caribbean and Pacific  group of countries.
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The European Commission is sticking  with its plan to lift sanctions on $4 billion worth of U.S.  goods on Jan. 1 following Washington's repeal of illegal export  tax subsidies in October, a spokeswoman said on Thursday.
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European Union has decided to lift, at least temporarily, sanctions imposed on U.S. goods since Congress enacted sweeping changes in corporate tax law earlier this month.
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European Union foreign ministers approved plans Monday for implementing U.N. sanctions against Iran, a move that is meant to punish Tehran over its refusal to halt uranium enrichment
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BRUSSELS, Sep 23 (IPS) - Fresh challenges and opportunities for EU  development policy will be explored at a critical meeting next  week.
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A group of African countries agree to adopt common external tariffs in an effort to boost trade and move towards a customs union.
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The European Union said on Tuesday it would reimpose sanctions on &#36;4 billion worth of U.S. goods if the World Trade Organization backed its complaint about residual U.S. export tax breaks.
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The World Trade Organization has ruled against the European Union's import tariffs for bananas, officials said Friday, possibly opening the door to millions of dollars in U.S. commercial sanctions.
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The EU industry chief unveiled plans on Friday to revise the bloc's toy safety standards with a ban on some chemicals and on packaging toys as giveaways with foods such as sweets or cereals.
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The United Nations' world food body outlined steps on Monday meant to help the world's poorest nations combat soaring food prices, including a new voucher program for farmers and a review of food-guzzling biofuels.
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The European Union has decided that it will lift, at least temporarily, the sanctions it has imposed on US goods, now that Congress enacted sweeping changes in corporate tax law earlier this month, an EU official said yesterday.
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The European Union said Wednesday it has selected U.S. products to punish with tariffs next year if Washington doesn't quickly repeal an antidumping law ruled illegal by the World Trade Organization.
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A new European Union tax directive on interest payments will boost retail investor demand for some jumbo covered bonds, according to a report by ABN Amro.
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European Union foreign ministers approved plans Monday for implementing U.N. sanctions against Iran, a move that is meant to punish Tehran over its refusal to halt uranium enrichment.
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The European Union&#39;s top trade official proposed an overhaul of trade discounts to developing countries Wednesday, a move likely to anger China and India, both of which might no longer qualify for EU trade preferences for such products as clothing and