SWITZERLAND: THE UNITED STATES IS TO ASK WTO TO APPROVE SANCTIONS AGAINST GOODS FROM EU IN THE LONG-RUNNING BANANA ROW
Record ID:
337003
SWITZERLAND: THE UNITED STATES IS TO ASK WTO TO APPROVE SANCTIONS AGAINST GOODS FROM EU IN THE LONG-RUNNING BANANA ROW
- Title: SWITZERLAND: THE UNITED STATES IS TO ASK WTO TO APPROVE SANCTIONS AGAINST GOODS FROM EU IN THE LONG-RUNNING BANANA ROW
- Date: 12th January 1999
- Summary: GENEVA, SWITZERLAND (JANUARY 12, 1999)(REUTERS-ACCESS ALL) 1. SLV WORLD TRADE ORGANISATION BUILDING 0.05 2. CU LOGO 0.08 3. SV OFFICIAL ARRIVING FOR SPECIAL HEARING 0.17 4. SV U.S. ENVOY, RITA HAYES ARRIVING FOR MEETING (2 SHOTS) 0.28 5. MCU (English) HAYES SAYING: "We've been asked by Ecuador and the EU for a panel and we are
- Embargoed: 27th January 1999 12:00
- Keywords:
- Location: GENEVA, SWITZERLAND
- Country: Switzerland
- Reuters ID: LVADJJRGN7JTB30XDDAW7NET2P0K
- Story Text: The United States is to ask the World Trade
Organisation (WTO) on January 25 to approve hefty sanctions
against goods from the European Union in their long-running
banana row, U.S.trade envoy Rita Hayes said on Tuesday.
Hayes indicated that if the EU were willing to "sit
down and talk about the substance" of the dispute, then the
United States could reconsider its approach.
She spoke to reporters shortly before the WTO's Dispute
Settlement Body (DSB) agreed to an Ecuadorean request to
reconvene an expert panel to review the EU's new banana import
and marketing regime to decide whether it complied with open
trading rules.
Both the EU and Ecuador had originally asked for panels,
whose rulings all countries are committed to observe, at a DSB
session in December.Under WTO procedures, such requests are
granted automatically the second time they come to the DSB.
The EU has said it regards the Ecuadorean approach as
almost identical to what it insists is its own -- getting
quick WTO action on assessing whether its new banana regime,
which went into force on January 1, conforms to open trading
rules.
The previous regime, shaped to favour bananas imported
from former European colonies mainly in the Caribbean, over
fruit from Latin America largely marketed by big U.S.firms,
has already been found wanting by an earlier WTO panel.
The United States and five Latin American countries --
including Mexico and Ecuador -- who launched the original
complaint say its replacement is little different and does not
conform to the recommendations of that panel.
Washington has announced plans to slap sanctions from next
March on EU goods worth around $568 million unless Brussels
changes the new regime to its satisfaction, although it has
also said it will come to the WTO for formal approval.
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