The EU is a largely self-sufficient economy when it comes to food and agriculture, so trade liberalisation will have limited impacts.
COMAGRI voted against including a mechanism to monitor the impact of the CAP on developing countries, this should be included in the Parliament’s negotiating mandate when the plenary votes in March.
Updated and revised analysis of the trade and development implications of the Commission’s legislative proposals published.
The CAP is still hurting developing countries, say the UN and the OECD. But will European development NGOs engage in the battle over the future of the CAP?
When the negotiators in the Uruguay Round of the GATT introduced the concept of the ‘green box’ – farm support measures that are minimally or non-trade distorting and therefore exempt from any limits – few would have foreseen that within 15 years, the bulk of farm support in the developed world would be in the [...]
Jorge Nùñez Ferrer of the Centre for European Policy Studies in Brussels has an interesting comment on the possible implications of current high food prices for future CAP reform in the debate on the post-2013 EU budget, in which he rather despairingly projects that “the French Presidency will seek to strike a deal in the [...]
The European Commission has published its plans to divert up to a billion euros from CAP underspends to a new fund to help farmers in the developing world to increase productivity in the face of the world food crisis. Higher food prices have meant lower CAP expenditure on market measures such as intervention, storage and [...]
The description of a Fortress Europe has often been applied to the CAP. But just as the CAP has undergone significant internal reform since the first faltering steps under Commissioner MacSharry in 1992, there have also been substantial changes to the CAP’s external trade regime. The EU still maintains high tariffs on specific agricultural imports, [...]
Surging prices for agricultural commodities means that the EU spends much less on the traditional ‘market measures’ of the CAP such as intervention buying when prices fall below a target price, export subsidies and private storage aid for unsold surpluses. Last year the EU decided to allocate some of this underspend to the Galileo space [...]
World Bank President Robert Zoellick has warned that high food prices are threatening to undo seven years of progress in global poverty reduction. Zoellick has encouraged donor countries to take immediate action to increase funding to the UN World Food Programme and coordinate a ‘New Deal on World Food Policy’. The World Bank has released [...]