Agricultural levies
- (Photo: Lis Lak)
The EU has a Common Agricultural Policy (CAP). This maintains fixed prices for agricultural products within the EU, usually above those of the world market. The aim is to protect EU farmers from prices changes on the world market. In addition to normal custom duties, the EU collects variable import levies on agricultural products.
The CAP is under a so-called midt term review. Recent reforms have changed support for products into support for agricultural land. Price subsidies are negotiated internationally in WTO.
Links
http://ec.europa.eu/agriculture/index_en.htm
See also pdf file on Agriculture (according to the EU Constitution): http://www.euabc.com/upload/pdf/agriculture.pdf
