Chiquita disappointed with EU tariff ruling
United States
Monday 05 December 2005
Chiquita Brands has said that it is disappointed with the EU's endorsement of a proposal to introduce a tariff on EUR 176 per tonne on imports of Latin American bananas next year.
Chiquita believes that the proposal violates World Trade Organisation rules.
If the proposal is ratified it would increase tariff costs on bananas imported by Chiquita by approximately US$110 million per year.