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Article Excerpt
In what is now being called a crisis in Panama, banana exports fell 10.8% from January 2002 to July, according to a report from that country's Ministry of Commerce. Panama exported 13.2 million 18-kg boxes, compared to 14.8 million boxes for the same period last year. For July , sales totaled 1.8 million boxes, a decline of 8.5%. For the first 6 months of the year, income was US$55 million. These figures, said the report, add up to this: "For more than ten decades, [the banana industry] has been one of the pillars of the agricultural sector of the country. Now it finds itself submerged in the most serious crisis in its history."
In recent years, production and exportation have suffered the effects of weather and strikes. In August, the Puerto Armuelles Fruit Company (Pafco), a Chiquita Brands subsidiary, went to its workers asking them to resign in order to renegotiate their contract.
A new contract would represent a significant rollback of hard-won labor gains, but...
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