(1)

On 15 December 2009 the European Union initialled the Geneva Agreement on Trade in Bananas between the European Union and Brazil, Colombia, Costa Rica, Ecuador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Peru and Venezuela regarding the structure and operation of the Union’s trading regime for bananas of CN code 0803 00 19 (hereinafter ‘the Agreement’). The Agreement sets out the conditions for the final settlement of pending disputes and claims in the WTO regarding the bananas import regime in the Union.

(2)

In accordance with paragraph 3(a) of the Agreement, the Union is to gradually reduce its tariff duty on bananas from EUR 176/1 000 kg/net to EUR 114/1 000 kg/net.

(3)

Pending the entry into force of the Agreement, and in accordance with paragraph 8(b) of the Agreement, those tariff cuts are to be applied provisionally and retroactively, from the day of signature of the Agreement, provided that the other Parties to the Agreement comply with their respective obligations.

(4)

The Council adopted its Decision on the signature and provisional application of the Agreement on 10 May 2010.

(5)

It is therefore necessary to implement the first tariff cut provided for in the Agreement, which consists of a reduction of the rate of duty to EUR 148/1 000 kg/net and to provide that that rate is to apply retroactively from 15 December 2009 until 31 December 2010.

(6)

Annex I to Regulation (EEC) No 2658/87, as amended by Commission Regulation (EC) No 1031/2008 (2) and Commission Regulation (EC) No 948/2009 (3) should therefore be amended accordingly upon signature of the Agreement.

(7)

The measures provided for in this Regulation are in accordance with the opinion of the Customs Code Committee,