|
|
Article: Court of First Instance (CFI) holds that European Union can be liable for non-contractual damages caused by its institutions even in absence of unlawful conduct.
- Article from:
- International Law Update
- Article date:
- April 1, 2006
CopyrightCOPYRIGHT 2006 Transnational Law Associates. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The Agreement establishing the World Trade Organization (WTO) seeks to reduce customs, tariffs and other trade barriers among the contracting parties. The 1993 EU regulation dealing with the import of bananas contained preferential provisions for certain African, Caribbean and Pacific States. The WTO eventually held the EU banana regime incompatible with WTO trading rules. See 2000 International Law Update 191; 2001 International Law Update 62 & 108. The EU later revised its banana regime, but the U.S. still obtained WTO authorization to impose increased customs duties on EU products in the amount of $191.4 million per year. In June 2001, the U.S. suspended these duties.
...