On 31 May 2010 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 was signed, providing for a gradual reduction in tariff rates on banana imports from those countries.
31. mail 2010 sõlmisid Euroopa Liit ning Brasiilia, Colombia, Costa Rica, Ecuador, Guatemala, Honduras, Mehhiko, Nicaragua, Panama, Peruu ja Venezuela Genfi banaanikaubanduslepingu, millega nähakse ette nendest riikidest pärit banaanide imporditariifide järkjärguline vähendamine.