As a major exporter of agricultural produce, we are heavily dependent on export subsidies to remain competitive on world markets. With my French colleague, I managed to ensure the terms of reference for the next round did not prejudge the outcome of the negotiations in terms of the elimination of export refunds as was sought by other WTO member countries. However, I am under no illusion that there is a strong hostility towards the CAP among certain trading groups and that the European Union's position will come under pressure in the difficult negotiations in the new round. While we can take considerable comfort from the outcome of the European Council in Brussels, the challenges to the CAP will continue. I remain determined to protect the gains from Agenda 2000 which represented a very good outcome for Ireland.