Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-03-Speech-4-322-000"
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"en.20110203.25.4-322-000"2
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"Bananas are the world’s fourth most important crop and make a major contribution to global food security. Nevertheless, only 20% of production is traded internationally. The trade is concentrated in the hands of just five major multinationals, which alone control more than 80% of all internationally traded bananas.
On 15 December 2009, the EU reached an agreement with the United States and a group of Latin American countries on a new tariff regime, bringing to a close a protracted dispute over the fact that African, Caribbean and Pacific (ACP) countries could export bananas to Europe under favourable tariffs, distorting the market to the detriment of South American producers. The agreement will make the global market in bananas more predictable and stable, and thereby encourage investment and growth in the sector.
Parliament should now ensure that the Commission and the Council put forward specific initiatives to strengthen the commercial position of banana growers; they should provide Parliament as soon as possible with an impact assessment on the agreement’s effects on banana-producing developing countries and the outermost regions of the European Union. Finally, under no circumstances should we attempt to finance banana-producing ACP countries by reallocating funds from development cooperation."@en1
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