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Support for ACP banana exporting countries


Thursday, 23 September 2010

Support for ACP banana exporting countries

The 3032nd Council meeting on General Affairs held in Brussels on 13 September 2010 adopted its position on draft amending budget no.3 to the EU's general budget for 2010, approving the financing of EUR 56.7 million to help African, Caribbean and Pacific (ACP) banana exporting countries affected by liberalisation measures required by the World Trade Organisation. This amount will be secured by redeployments within heading 4 ("the EU as a global player") and from the margin of the same heading. Concerning the possible financing of a further EUR 18.3 million for ACP bananas supplier countries, the Council asked the Commission to propose as soon as possible additional redeployments within heading 4.

Source: Council of the European Union