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local economy Archives: • July, 2008 •

EU, Latin America to go with negotiations on tariff cuts

By Website Introductions at 07/21/08 14:11

Costa Rica, the world's second largest banana exporter, is on its way, along with its neighboring nations, to make negotiations with the EU nations to cut down tariff on imports.

According to farmers in Costa Rica, tariff cuts will greatly reduce operating costs, which will eventually benefit farmers better in the long term. EU, for its part, said that it will be devastating for the local economy.

News: News | Africa - Reuters.com

Tags: bananas • local economy • import tarriffs • european union •
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local economy Archives: • July, 2008 •

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