Multinational Companies in Global Banana Trade PoliciesMahamat K Dodo*
Centre of Excellence Institute of European Studies, University of California, Berkeley and Centre de Documentaciò Europea Universitat de Valencia, USA
- *Corresponding Author:
- Mahamat K Dodo
Centre of Excellence Institute of European Studies
University of California
Berkeley and Centre de Documentaciò
Europea Universitat de Valencia, USA
E-mail: [email protected]
Received date: June 03, 2014; Accepted date: August 14, 2014; Published date: August 21, 2014
Citation: Dodo MK (2014) Multinational Companies in Global Banana Trade Policies. J Food Process Technol 5:351. doi:10.4172/2157-7110.1000351
Copyright: © 2014 Dodo MK. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
This paper presents the structures of the global banana trade management and the role of the multinational companies in shaping the global banana market policies. The paper presents the concentration of production and consumption of the bananas worldwide and analyses the various import policies of the major EU member countries prior to the entry in force in 1993 of the Common Market Organization for Bananas (CMOB). It introduces the subsequent agreements reached between by the EU, US and Latin American countries that led to the implementation of the Tariff-only Policy of the EU banana import regime. The paper assesses the recent policy development, the changing role of the multinational companies in global banana trade, and concludes with the industry outlook and the new role of the retail supermarket chains in international banana trade.