European and Latin American trade officials are close to a deal over bananas that would end the longest-running dispute in the history of the World Trade Organisation and could lead to lower prices for consumers.
A draft settlement seen by the Financial Times calls for the European Union to cut sharply duties on bananas and dozens of other tropical products. It could be signed this week, said people familiar with the talks.
The parties are still in talks with the US but are confident the same terms would win Washington's backing.
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