The European Commission in Brussels, Belgium, has agreed to raise the quota for bananas imported from four Central and South American countries in 1994 and 1995. Each of the four banana-growing nations involved in the agreement -- Costa Rica, Colombia, Nicaragua and Venezuela -- will receive a percentage of the new quota based on their historic share of the EC's $2.7 billion banana market. The EC's previous ceiling on bananas imported from Central and South America was 2 million metric ...
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