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Article: CAP REFORM: OLIVE OIL, COTTON, HOP AND TOBACCO REFORMS PROPOSED.
- Article from:
- European Report
- Article date:
- November 19, 2003
CopyrightCOPYRIGHT 2003 Europolitics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Tobacco.
The proposal for a new common market organisation for this sector takes a three-year, three-tier approach. It would involve a step-by-step decoupling of the existing tobacco premium from production, phasing out the Community Tobacco Fund and setting up a financial envelope for restructuring tobacco-growing areas. Tobacco quotas would need to be kept on to fix the envelope of that part of the tobacco premium not yet decoupled.
The proposed reform would begin with the transfer of all or part of the current tobacco premium into entitlements for the Single Farm Payment, to be paid from the start of 2005 through the Integrated Administration and ...