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Corbana backs the call for fair pricing of bananas in international markets

At various forums, Corbana has been calling on European supermarkets to take action to ensure the sustainability of the banana sector.

The organization has made this appeal directly to supermarkets, and recently, at the FAO's World Banana Forum, a commission was created to seek a more equitable distribution of the supply chain in which producers, marketers, governmental entities, non-governmental organizations and supermarkets all participate. At the 4th Global Conference of the World Banana Forum, held in March 2024, there were calls for fair pricing and more equitable distribution in the value chain.

Corbana supports the efforts and initiatives carried out by banana exporting countries' organizations in Latin America, seeking a fair price, in line with the requirements demanded by supermarkets, while also acknowledging the characteristics, conditions and standards of each country and their cost structures.

"Hundreds of thousands of families across Latin America rely on the export of bananas, and sustainability is of the utmost importance in areas that have no other job options. That is why we demand an attitude of shared responsibility that allows an equitable distribution along the supply chain, because we don't want producers bearing the entire burden," says Eng. Jorge Sauma Aguilar, general manager of Corbana.

"The international press has been reporting on price increases at supermarkets for a great number of products due to global issues, but bananas are still the lowest priced in the fruit category, which is why we are asking for a price adjustment," says Mr. Sauma.

Costa Rican bananas are the best in the world because they are produced in compliance with sustainable social and environmental policies. The country pays the best salaries in the agricultural sector, and the bananas are certified because they are produced meeting high environmental protection standards. 100% of Costa Rican banana farms have environmental and social certifications.

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