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European banana producers fear impact of reorientation of funds

"The period with the most uncertainty we've ever known"

The president of the European Association of Banana and Plantain Producers (APEB), Gérad Bally, has expressed concern about the possible reorientation of European funds devoted to agriculture, fisheries and cohesion because of Brexit and the focus on safety.

This has been pointed out in a statement by sources of the Association of Canary banana producers (Asprocan), following the meeting of its Executive Committee in which Bally participated.

This Canary organization has announced that the APEB will work to "avoid irreparable damages to the sector" after the EU agreement with third countries producing bananas, like Ecuador, with Bally describing this as "the period of greatest uncertainty that we've ever had in the EU."

According to Asprocan, Brexit and security have become new risks which have come to join traditional ones that already affected the sector, such as the "review of the EU Support Program for Agricultural Productions of the Canary Islands (Posei)."

They have reported that they will prepare their proposals this month ahead of the meeting of the working group for price monitoring, which will be held between EU producers and the directorates general of the European Commission of Agriculture, Commerce, Cohesion and Taxation and Customs Union.

Asprocan announced on 8 September in another statement that the challenge for Canary banana producers for this year is to "maintain minimum profitability levels" and to repeat the record production figures achieved in 2016 (433.67 million kilos).

This association stated that one of its main concerns was the "artificial growth" of the retail price in stores and distribution chains, which "does not reflect the development of sales prices at origin and can jeopardise the commercial sustainability of the Canary production."

Source: EFE

Publication date: 9/15/2017


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