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Latin America may flex
1 June, 2005
By Jeremy Smith, Reuters
Please note that there are huge differences how bananas are produced in the ACP-countries, were most production is still done by small banana producers on family owned farms, and in the big plantations of Chiquita and other multinationals in South America were already 83% of all bananas for export are produced; often under appalling labor conditions and with catastrophic environmental impact. Two third of world trade in Bananas is controlled by 3 US companies (Chiquita, Dole and Del Monte) and in terms of gross value production, bananas are the world