Aid for diversification out of tobacco
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CTA. 2003. Aid for diversification out of tobacco. Agritrade, January 2003. CTA, Wageningen, The Netherlands.
Permanent link to this item: http://hdl.handle.net/10568/52538
On December 6th 2002 the European Commission ...
On December 6th 2002 the European Commission adopted a regulation providing funding under the Community Tobacco Fund for measures to encourage tobacco producers to switch to other crops and activities. Tobacco farmers will be eligible for public assistance of between 75% and 100% of the cost of the diversification measures up to a ceiling of €300,000. To benefit from this assistance producers must withdraw permanently from tobacco production and relinquish their production quota. In 2002-2003 some €22.5 million will be made available to these schemes.