EU/WTO ROUND UP – CAP REFORMS MAY BOOST INGREDIENT QUALITY FOR MANUFACTURERS
August 1st, 2018
DEBATES are now underway at the European Union (EU) on a proposed revamp of the EU Common Agricultural Policy (CAP), a programme for 2021 to 2027 that would exclude Brexited Britain. As a result of losing UK contributions to the EU from next March (2019), funding for the CAP would fall by around 5% to EUR365 billion, with EUR265.2 billion spent on direct payments for food producers, EUR20 billion for market price support measures and EUR78.8 billion for rural development. A key element for food manufacturers under the reformed system will be plans to ...
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