date:Aug 06, 2019
According to a statement issued by the Association of Organizations of Banana Producers of the Canary Islands (Asprocan), last May Guatemala exceeded its banana export quota to the European Union (EU); however, the European Commission decided not to apply the penalty foreseen by this mechanism while in the middle of a price crisis affecting Europe's banana productions.
In its decision of July 12, the European Commission acknowledged that Guatemala's imports have stood 3.4% below the average EU