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State of Emergency Declared for Ecuador Banana Sector

  • Listed: August 25, 2011 12:50 am
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The Ecuador government announced that for 5 weeks they will buy the un-exported banana produced by local farmers due to the decrease in international demand caused by the slowdown in the world economy.

According to the association AEBE, 4,200,000 boxes of bananas are exported weekly from Ecuador, of which currently only 3,000,000 are being bought by the world market.

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