Arab Today, arab today ecuador seeks to protect key banana sector
Last Updated : GMT 10:43:16
Arab Today, arab today
Arab Today, arab today

Ecuador seeks to protect key banana sector

Arab Today, arab today

Arab Today, arab today Ecuador seeks to protect key banana sector

Quito - AFP

Ecuador, the world's top banana exporter, has adopted emergency measures to protect the key industry, which accounts for one in 10 jobs in the country and is reeling from low prices due to overproduction. "We issued an emergency alert for the banana sector for a five-week period in order to take immediate measures aimed at mitigating the current market price distortion," Agriculture Minister Stanley Vera said Thursday. Banana output in Ecuador -- which accounts for 30 percent of world exports -- has surged from 140 million cartons in the first half of 2010 to 152 million cartons in the same period this year, while demand has waned and production increased elsewhere. The government has set aside $15 million to buy back bananas from producers who cannot sell their stocks to exporters. Bananas from Ecuador are sold in Russia, the Mediterranean, the Baltics, the European Union and the United States. A total of 1.4 million Ecuadorans work in the sector.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ecuador seeks to protect key banana sector Arab Today, arab today ecuador seeks to protect key banana sector

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ecuador seeks to protect key banana sector Arab Today, arab today ecuador seeks to protect key banana sector

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday