Seanad debates
Wednesday, 2 July 2003
Common Agricultural Policy: Statements.
There is a substantial amount of direct support for farming –€1.3 billion annually in direct payments and €1.6 billion annually when the REP scheme and the farm retirement scheme are taken into account. For our size of economy that is substantial as it represents about 60% of farmers' incomes which is now secure because the CAP has been preserved. Those direct payments have been safeguarded from challenge in the context of the world trade talks.
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