Ecuador banana industry becomes casualty of Russia-Ukraine conflict

  • 📰 trtworld
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

'Banana producers are finished' Ecuador banana farmers lose key markets as important buyers Russia and Ukraine remain locked in a deadly military conflict

The conflict has put the brakes on production in El Triunfo, close to Guayaquil, the site of Ecuador's main port.

"One in every five bananas produced in Ecuador goes to Ukraine and Russia," said Franklin Torres, president of Ecuador's FENABE banana producers federation. "This war really affected us in that sense." The conflict has put the brakes on production in El Triunfo, close to Guayaquil, the site of Ecuador's main port.

"Truly it's an insult to any type of business. What we're receiving is shameful and it's not even worth picking them."Seeing Ecuador's surplus of bananas, other markets "have started reducing their price offers," said Richard Salazar, president of the ACORBANEC association for banana commercialization and export.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 101. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines