"The European Parliament has finally given its consent to this very important deal which will bring an almost 20-year old international trade dispute to an end", said Laima Andrikienė MEP, EPP Group Spokeswoman on the World Trade Organisation (WTO) Banana Agreement.
The global banana deal reached within the WTO last year was voted in the European Parliament today. This Agreement will oblige the EU to lower tariffs for imported bananas from Latin American countries from the current level of €176 per tonne to €114 per tonne before 2017.