The United States Trade Representative extended the exemption status of Greek olive oil from tariffs imposed on imported E.U. agricultural products after it was first excluded from the sanctions regime in October 2019.
The revised list of E.U. products under sanctions also excludes other Greek products from import taxes, like cheese, wine, plum juice, and more olive-related products.
“This is an important development, where the Prime Minister was personally involved,” Makis Vorides, the minister of agriculture, said.
Sources at the Greek Ministry of Foreign Affairs said in turn that the exemption was the result of coordinated efforts by several ministers and came after bilateral negotiations between the Greek Government and the U.S. Administration.
The Greek agri-food sector has been disproportionately hit by the trade war between the United States and the European Union, the spokesperson said, and Greece is looking to create a positive trading framework with the U.S. to mitigate the consequences on the sector.
Related Articles
Aug. 24, 2023
Best Southern Hemisphere Olive Oils to Be Unveiled
The first winners will be announced on Monday, September 4th at 9:00 AM (EDT).
Aug. 14, 2023
Unprecedented Heat Sparks More Wildfires Across Greece
Around 4,500 hectares of olive groves have been burned in wildfires across the country. The government promises aid, but farmers want something else.
Feb. 13, 2024
The Role of Gulls in Spreading Olive Seeds Across Balearic Islands
Gulls contributed to the long-distance spread of local olive seeds, facilitating the colonization and expansion of the variety
Nov. 6, 2023
Making Award-Winning Olive Oil from California’s Centenarian Trees
In the foothills of the Sierra Nevada, Guilio Zavolta and Rachelle Bross seek to promote and protect the state’s historic olive trees.
Jun. 27, 2023
Chalkidiki Olive Farmers Face Tragic Fruit Set After Another Mild Winter
Table olive producers on the northern Greek peninsula are at the mercy of the region’s ever-changing microclimate, which threatens to eviscerate the approaching harvest.
Sep. 25, 2023
E.U. Chief Promises Strategic Dialogue with Farmers
Despite the pledge, analysts point out that Ursula von der Leyen expressed no clear intention in her speech to boost the E.U.’s initiatives on sustainability and climate neutrality.
Jan. 29, 2024
The Joy and Sacrifice of Organic Olive Oil Production on Mallorca
Oli de Santanyi founder Dirk Müller-Busch believes that producers who want a fair price must meet consumer demands for organic, high-quality extra virgin olive oil at all costs.
Sep. 19, 2023
Data Will Define Next 25 Years at California Olive Ranch, CEO Says
California Olive Ranch grew from a single olive farm to the largest producer in the United States. Now, the company plans to harness the power of data to keep growing.