EU COUNCIL OF MINISTERS EXPORT REFUND ABOLITION PLANS BEEF
March 1st, 2006
BY KEITH NUTHALL
THE EUROPEAN Commission has unveiled imminent plans to abolish the European Union (EU) system of pre-financing export refunds for food, widely used in the past to manipulate EU beef sales. Because of this, EU agriculture Commissioner Mariann Fischer-Boel has told the EU Council of Ministers that the system would be replaced with direct beef export controls. She said refunds were less important now the EU was a net beef importer. Pre-financed refunds for cereal exports have been the other main use of a complex subsidy system, criticised by the EU ...
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