Dominican authorities have lifted restrictions on banana exports introduced in September 2023

Published 2024년 5월 30일

Tridge summary

The Dominican Republic has lifted restrictions on the export of bananas and banana derivatives, as the country's production levels are high and prices are stable. This decision was approved by the National Council of Sovereignty and Food Security of the Republic and will be reviewed within 21 days to monitor its implementation. The Ministry of Agriculture will notify banana-producing enterprises of the new resolution. Bananas are a significant export for the Dominican Republic, with Germany, Great Britain, the Netherlands, Sweden, and Ireland being the main importers in 2022.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The government of the Dominican Republic lifted restrictions on the export of bananas and banana derivatives introduced in September 2023, citing the fact that the country's banana production level is now high and prices are stable. The decision was approved on Wednesday by the National Council of Sovereignty and Food Security of the Republic (Conassan), according to its website. The decision repeals the export restrictions adopted on September 15 last year and authorizes the Ministry of Agriculture to notify the country's banana-producing enterprises of the new resolution, the report said. The head of the council, Minister of the Presidential Administration Joel Santos Echavarria, noted that “the existing high level of production allows the decision to restore the export of bananas in order to continue to encourage the production of the product, while there is an understanding that prices have stabilized and this measure will not affect the national level consumption". The ...
Source: Kvedomosti

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