European Union Common Agricultural Policy from http://europa.eu.int/scadplus/leg/en/lvb/l04000.htm
>----------------------------------------<00(O)00> ----------------------------------------<

DEFINITION AND INSTRUMENTS OF THE COMMON AGRICULTURAL POLICY

The Common Agricultural Policy (CAP) is comprised of a set of rules and mechanisms, which regulate the production, trade and processing of agricultural products in the European Union (EU), with attention being focused increasingly on rural development.

Among the European Union's policies, the CAP is regarded as one of the most important policy areas. Not only because of its share of the EU budget (almost 50%, decreasing over the years), the vast number of people and the extent of the territory directly affected, but also because of its symbolic significance, and the extent of sovereignty transferred from the national to the European level. The significance of the CAP, nowadays, is also portrayed by the fact that it is directly related to the Single Market and the EMU, two key areas in achieving the European integration.

The objectives of the CAP, as set out in Article 33 of the EC Treaty, are:
· to increase agricultural productivity by promoting technical progress and by ensuring the rational development of agricultural production and the optimum utilisation of the factors of production, in particular labour;
· to ensure a fair standard of living for the agricultural community, in particular by increasing the individual earnings of persons engaged in agriculture;
· to stabilise markets;
· to assure the availability of supplies;
· to ensure that supplies reach consumers at reasonable prices.

In order to attain these objectives, Article 34 of the EC Treaty provides for the creation of the common organisation of the agricultural markets (COM) which, depending on the product, shall take one of the following forms:
· common rules on competition;
· compulsory co-ordination of the various national market organisations;
· a European market organisation.

The COMs were introduced gradually and now exist for most EU agricultural products. They are the basic instruments of the common agricultural market in as far as they eliminate the obstacles to the intra-Union trade of agricultural products and maintain a common customs barrier with respect to third countries.

Three main principles, defined in 1962, characterise the common agricultural market and thus the COMs:
· a unified market: this denotes the free movement of agricultural products within the area of the Member States; for the organisation of the unified market, common means and mechanisms should be used throughout the EU;
· Community preference: this means that EU agricultural products are given preference and a price advantage over imported products; also, the protection of the internal market from products imported from third countries at low prices and from considerable fluctuations in the world market;
· financial solidarity: all expenses and spending which result from the application of the CAP are borne by the Community budget.

The English Language portal for all EU websites is http://europa.eu.int/index_en.htm

>----------------------------------------<00(O)00> ----------------------------------------<

Next Previous Food Index Page Food Start Page Whatever Will Be Home Page