21. The situation is likely to worsen as Europe faces pressure to end preferential access to goods from its former colonies. 22. U.S. banana companies are pressuring the European Union to levy higher tariffs against Caribbean fruit growers, who currently enjoy preferential access to the European market. 23. Under the Lome Convention, European nations give preferential access to their markets to their former colonies. 24. Gore told journalists after meeting Arafat for an hour that the Palestinians would also have preferential access to the US market for certain products. 25. Burma has also been stripped of its preferential access to EU markets but EU governments have ruled out broader economic sanctions. 26. The report said Fiji needs to improve levels of investment because the international terms of trade were moving against it with global trade liberalisation hurting its preferential access rights. 27. On Monday Boolell said sugar was a form of economic lifeblood from which democracy and human rights flowed and preferential access was vital. |