BUSINESS

AgriMin preparing procedures for new EC-sanctioned aid measures

Romania’s Agriculture Ministry is preparing procedures for a new programme of the European Commission designed to implement aid measures worth 165 million euros for farmers affected by the embargo imposed on the Russian Federation, Minister of Agriculture and Rural Development Daniel Constantin said Wednesday.‘There was a council meeting that ended on Tuesday, a meeting where I was glad to notice that 165 million euros more, beside 125 million euros, were made available to European Union member states to reduce the possible effect of the embargo imposed on the Russian Federation. This time, the amount is more targeted and it is not available to the member states on the first come forts served basis, but along somehow egalitarian lines. Romania has been awarded a fixed amount, after which it will partake of the 165-million-euro batch,’ said Constantin.The European Commission says the new scheme adds to an already existing programme worth 125 million euros unveiled on August 18, which was suspended on September 10 because of a disproportionate number of claims applications especially from Polish producers.Early this August, Russian President Vladimir Putin signed a decree banning imports of agricultural products and food from the countries having imposed sanctions on the Russian Federation over the ongoing crisis in Ukraine. The list includes meat products and milk as well as fruit and vegetables and legume coming from the US, the EU, Canada, Australia and Norway. Agriculture Minister Constantin has recently said the Romania will not be directly affected by the Russia’s decision to ban imports of foods from the European Union and the US because exports were worth just some 41 million euros in 2013.

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