EU farmers handed €125 million to offset Russia sanctions

  
Agriculture Commissioner Dacian Cioloş has triggered emergency measures to offset Russia tit-for-tat sanctions. 10 January, 2010. [European Parliament/Flickr]

EU farmers will get financial help of up to €125 million to help them cope with the impact of Russia's ban on most Western food imports, which has created a glut of fruit and vegetables in peak harvest time, the European Commission said on Monday (18 August).

Russia has declared a one-year embargo on meat, fish, dairy, fruit and vegetables from the United States, the European Union, Canada, Australia and Norway in retaliation for Western economic sanctions over Moscow's actions in Ukraine.

The Commission said it was drawing on provisions in the reformed Common Agricultural Policy (CAP), which includes an emergency reserve of some €420 million in total to compensate for market disruption.

The money will be available between now and the end of November.

"With effect from today, I am triggering CAP emergency measures which will reduce the overall supply of a number of fruit and vegetable products on the European market as and when price pressures become too great in the coming months," Agriculture Commissioner Dacian Cioloș said.

"All farmers of the concerned products, whether in producer organisations or not, will be eligible to take up these market support measures."

The aim is to reduce some of the surplus in the market by giving producers funding to compensate for fruit and vegetables either withdrawn from the market and distributed free or not harvested in the first place.

Products covered by the measures will include tomatoes, cauliflowers, mushrooms, grapes, cucumbers, white cabbage and other products in season, lacking storage options and having no immediate alternative markets to make up for the absence of Russia.

A week ago, the Commission, the EU executive, announced it would provide financial support for peach and nectarine growers.

The farmers' situation will be assessed further at a meeting of agriculture experts representing member states on Friday and at an extraordinary meeting of EU agriculture ministers on 5 September.

European Parliament President Martin Schulz tweeted his support for the measure.

 

 

Herring measures lifted

The Commission today also repealed the measures adopted against the Faroe Islands in August 2013, following their unsustainable fishing of Atlanto-Scandian herring. The measures imposed at the time will now be lifted as of 20 August 2014.

The decision comes after it was agreed that the Faroe Islands would cease their fishing practices and would adopt a catch limit for herring in 2014 at 40,000 tonnes.

Timeline: 
  • 5 September: Extraordinary meeting of EU agriculture ministers
External links: 
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Comments

Jay's picture

Next up is the import of vehicles according to a Russian report today. Will the EU bail out the auto industry also? They cost a bit more than a sack of potatoes.

Jay's picture

125 million euros? Somebody is going to get slaughtered:

EU exports of apples, pears and quinces to Russia last year were valued at 523 million euros, with 272 million euros of the produce coming from Poland, according to the European Commission, the bloc’s administrative arm. There are more than 60,000 apple farmers in the country, the Polish Fruit Growers Association estimates.

Apples and pears made up about a quarter of Poland’s $1.7 billion in food exports to Russia in 2013, the government estimates. The sanctions will damp the country’s economic growth by 0.6 percentage point this year, Deputy Prime Minister Janusz Piechocinski told newspaper Rzeczpospolita on Aug. 1.

http://www.bloomberg.com/news/2014-08-19/putin-turns-poles-into-cider-lo...