Flexibility instrument for Banana Accompanying Measures (BAM)
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 3mo ago
This procedure concerns the use of the EU's flexibility instrument to provide financial support for Banana Accompanying Measures (BAM). This funding is designed to help producers in ACP (African, Caribbean, and Pacific) countries adapt to changes in the global banana trade following WTO agreements.
This primarily affects banana producers and exporters in ACP countries, providing them with the necessary financial resources to diversify their economies and improve market competitiveness.