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Insidecostarica.com - San José, Costa Rica  -   Wednesday 09  August  2006

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Panama Banana Growers Demand US Chiquita Brand
The US transnational company Chiquita s decision of cutting banana purchases is provoking Tuesday strong losses for independent Panamanian growers, who are suing the enterprise end its monopoly.

According to authorities, since the reduction of purchases two weeks ago, banana growers lost some $400,000, which represented some 110,000 crates of that fruit.

The US Company announced Monday a new cut of 30-percent on purchases, with the excuse of a saturation in the European market.

Faced with this situation, banana workers unions threatened to block the company if they do not free the contract of exclusivity and allow them to sell bananas to other traders.

These unions requested executive participation in the dispute to avoid larger losses.

 


 


 
   

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