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Insidecostarica.com - San José, Costa Rica - Saturday 14 May  2005

 

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  Genesis Fund Was A "Huge" Ponzi Scheme, Authorities Say
  Constitutional Court Backs Caldera Port Concession
  Parents Should Talk to Their Children About Sex, Study Shows
  Gasoline Prices To Drop in Two Weeks
  Banana Growers Fear Losses
  National Parks Are Top Dollar-Earners


Banana Growers Fear Losses
A decision by the U.S. banana firm Chiquita Brands place at risk the selling abroad of 8 percent of the Costa Rican banana production, some 8 million boxes.

If that fruit is not exported, the growers in some 15 independent plantations in the Caribbean province of Limon would lose $43 million, and that would endanger also the 4,000 direct jobs and 10,000 indirect ones that their activity produces.

Chiquita claims that it will have a surplus 13 million boxes this year, so it will not buy them.

Firm representatives asked why Costa Rica would sustain the heaviest blow, since other countries would share the other 5 million, they claimed that this is so because this country is "more competitive".



 

 
 

 
 
 
 
   

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