Rus News Journal

The longest trading dispute in the history of the WTO has officially come to the end.

The longest trading dispute in the history of the WTO has officially come to the end.
last week the longest trading dispute in the history of the WTO has officially come to the end. The Latin American suppliers of bananas challenged features of an import mode of EU according to which both price, and quantitative preferences were RCVed by exporters from the former European colonies. For 20 years the commission of the WTO on settlement of disputes repeatedly recognised EU actions contradicting the organisation charter. However the total agreement became result not WTO sanctions, and multilateral negotiations, once again having CFMed with an inconsistency of ideas dohijskogo a round.
" it is really historical MOM " — the head of World Trade Organization Paskal Lami after signing of the multilateral agreement between the European Union and the countries of Latin America, restriction of import of bananas cancelling a particular treatment has declared. The document became a final point in a series of the most long consultations and trading disputes within the limits of the WTO — it has begun in 1991. Now difficult system of quantitative and price restrictions will replace with the import duty which size will be gradually lowered W 148 for ton on the end of 2009 (the paid duties it will be allowed to count) B4114 by 2017. Having ratified the agreement, the parties were obliged not to appeal against against a condition of import of bananas in EU.

from the moment of formation of the general European market (in 1993) and establishments of a uniform mode of import of bananas the European Union on which half of their world import is necessary approximately, accused of discrimination of the Latin American suppliers and grantings to the former European colonies of trading preferences. As a matter of fact, it was a question of that EU modernised trading agreements W vosemju in tens countries of Africa, Pacific and Caribbean pools which consisted from the middle of the last century and frequently assumed duty-free import of production in EU. Under the relation 2 we designate to suppliers operated not only high duties (176 - 230 for ton), but also restrictions of volumes of deliveries — so, the distributor 4 reception of the permission to import of bananas from Latin America should deliver and production from the countries on which preferences extend.

in 1999 for the first time in history the WTO as the sanction of the USA have acquired the right annually to limit import of the goods from EU for a total sum $191,4 million Year after similar possibility (on $201,6 million) has RCVed Ecuador as the largest the exporter of bananas. As a result in EU have agreed to replace quantitative restrictions tariff and in January, 2005 have published the new tariff — 230 for the ton, meaning still the big discrimination of the Latin American suppliers.

the appeal body of the commission on settlement of disputes repeatedly recognised a policy of EU contradicting articles of the charter of the WTO, representatives of Eurocommission reported on continuation of negotiations which have come to the end on December, 15th, 2009 when the parties declared readiness to sign the agreement providing decrease of tariffs B4114 for ton. Its ratification has taken two more and a half a year. However, the document contains a reservation that if till the end of next year in the WTO the frame agreement on decrease in barriers in trade in agricultural production (one of main objectives of a round of negotiations in the Fur-coat) decrease in duties can be delayed for two years will not be developed. In EU so hope to give to developing economy, " suffered from competition toughening " there is more than time for a manufacture diversification.