oil of nutmeg

nutmeg oil [ myristica oil | volatile oil of nutmeg | oil of myristica ]

For many of the Pacific islands, their agricultural products are their primary exports to international markets, supplying commodities such as sugar, copra, bananas, coconuts, palm oil.

4. As regards the product coverage it includes coffee, cocoa, tea, tropical fruit and nuts both fresh and processed : spices, cut flowers and plants, essential oils, cigars and cigarettes, articles of rubber, wood and jute.

In the agricultural sector the Community grants reductions in import duties on almost 400 products such as tinned pineapple, coffee, raw tobacco and palm and coconut oil, which are all particularly important for the developing countries. The Community considers preferential access to the Community market an essential part of its development strategy, particularly at a time when developing countries are so very heavily burdened with foreign debt and have been hit by the fall in prices for raw materials, and when their advantage in the form of low labour costs is being eroded.