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WTO blow for EU
Belgium
Monday 31 October 2005
The World Trade Organization has ruled that a new EU tariff on imported bananas is illegal.
The WTO has sided with eight Latin American countries who said Brussels' proposal would seriously limit their ability to export the fruit.
A WTO arbitration body backed a claim by the Latin American countries - including Brazil and Colombia - who said that a reduced EU tariff of $227 per ton fails to comply with global trade rules.
