Ecuador to Take EU Banana Tariff Dispute to WTO

Ecuador plans to file a complaint over European Union banana tariffs with the World Trade Organization, according to Tomas Peribonio, the country’s trade minister. The EU slapped a uniform tariff of 176 euros a ton on Latin American bananas last January after the WTO ruled a previous system of quotas and tariffs was illegal. Historically the European Union has favored banana imports from former British, French and German colonies at the expense of Latin American producers.