Banana Framework Agreement

Lamy distributed to the countries concerned copies of the revised EU commitments (document WT/Let/868 of 30 October 2012), which replaced a complex and illegal BANANA IMPORT REGIME at the WTO with customs duties. These import duties on bananas fall each year to EUR 114 per tonne. Among the EU`s revised commitments is the 2009 Geneva Agreement on Bananas. The WTO is the depositary of these revised commitments, which have now been accepted by WTO members. If there is no agreement on a framework agreement (or “modalities”) in the Doha Round of agricultural negotiations by 31 December 2013, these annual tariff reductions may be deferred for up to two years for the remaining years.