Press Release: WTO arbitrates over banana import tariff

Author (Corporate)
Series Title
Series Details IP/05/1030 (2.8.05)
Publication Date 02/08/2005
Content Type

The World Trade Organisation, on 1 August 2005, issued the award of the arbitrator regarding the European Communities' implementation of the waiver granted by the Doha Ministerial Conference in relation to its banana regime. While acknowledging the EU's use of the price gap methodology to arrive at a tariff level the arbitrators criticised some aspects of its application in this case. They were therefore not in a position to endorse the tariff level of €230/tonne proposed by the European Commission.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/05/1030&format=HTML&aged=0&language=EN&guiLanguage=en
Related Links
WTO: Award of the Arbitrator, WT/L/616, 1.8.05 http://www.wto.org/english/tratop_e/dispu_e/wtl616_e.pdf

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